Behavioral Health Business April 16, 2024
The San Francisco-based hybrid mental health startup Two Chairs has raised $72 million in a Series C equity and debt funding round.
Led by the firm Amplo, the funding round also included Fifth Down Capital and other unspecified investors. Other investors that participated in the previous funding round included Goldcrest and Maveron. In total, the company has raised $103 million since its founding in 2017.
“Given the growth that we project over the next several years, we’re going to start to have many thousands of therapists on our team,” Alex Katz, CEO and a co-founder, told Behavioral Health Business in an interview. “To maintain a very high bar for quality at that level of scale and complexity requires a great...