MobiHealth News April 12, 2024
Trevor Dermody

The New York-based mental health company also announced a measurement-informed system to help providers transition to value-based care.

Provider-focused digital mental health company Grow Therapy announced it has closed $88 million in Series C funding.

Sequoia Capital led the round, with additional investment from Growth Equity at Goldman Sachs Alternatives and PLUS Capital. Several artists and athletes also contributed to the round, including Dak Prescott, Anna Kendrick, Joe Burrow, Lily Collins and Jrue Holiday.

Additionally, the company announced the launch of a novel measurement-based care system to improve patient experiences and help providers transition to value-based behavioral care.

WHAT IT DOES

Grow Therapy’s platform connects mental health providers and patients for in-person and telehealth visits.

The company...

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