Fierce Health Technology July 28, 2021
Behavioral care startup SonderMind has reached a valuation “well north” of $1 billion with the close of a new $150 million Series C funding round.
The raise, co-led by Drive Capital and Premji Invest, represents a stark jump over the $27 million series B announced by the startup just over a year ago.
The Denver-based therapist matchmaking platform said it was being purposefully conservative with its fundraising at the time but now has the pieces in place to pursue an expansion from 10 active states to all 50.
“We have historically raised meaningfully less than the amount that capital partners wanted to invest,” Mark Frank, CEO and co-founder, told Fierce Healthcare in an email statement.
“We now believe that our...
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