Behavioral Health Business January 2, 2024
Virtual mental health company Tava Health recently secured $16 million in fundraising, according to SEC filings. The company is seeking another $4 million to button up the funding round.
Salt Lake City, Utah-based Tava partners with employers to provide virtual, evidence-based mental health care to employees. Tava has worked with companies including Chatbooks, Lucid Software and Health Catalyst and accepts insurance from networks including BlueCross BlueShield, Humana and United Healthcare.
Tava claims to be different from an employee assistance program (EAP) because of its increased accessibility. Patients can access care quicker and more efficiently than traditional EAPs, resulting in patients utilizing care 12 times more often, according to the company.
While traditional EAPs focus on short-term interventions, Tava also...
Today's Sponsors
Today's Sponsor