MobiHealth News March 28, 2024
The San Francisco-based telemental health company will use funds to grow into new markets.
Telemental health company Brightside Health announced it raised $33 million dollars in Series C funding powered by healthcare-focused venture capital firm S32.
Kennedy Lewis, Time BioVentures, and 23andMe founder Anne Wojcicki participated in the round. Existing investors ACME, Mousse Partners and TriVentures also contributed.
The company confirmed the $33 million raise in an email to MobiHealthNews. The Series C round brings the company’s total raise to $100 million.
The San Francisco-based company also added former Optum Behavioral Health Solutions CEO Trip Hofer to the company board of directors.
Hofer serves on the board of several health companies, including virtual care provider Ophelia and...