Behavioral Health Business February 2, 2023
Digital autism provider AnswersNow has closed its $11 million Series A funding round.
The applied behavior analysis (ABA) provider plans to use the new funds to expand its services into more states and grow its team of PhD and master’s-level clinicians. It will also use the capital to improve its user experience on its virtual platform.
This funding comes when autism rates are rising, and demand for services is hot. About 1 in 44 children are diagnosed with autism spectrum disorder (ASD), according to the CDC.
This has caused a great demand for ABA services, a type of one-on-one therapy focused on improving specific behaviors that has become the gold standard for treating autism. However, there are only 58,345 board-certified...