Fierce Healthcare October 6, 2023
Headway, a startup that connects patients with mental health providers covered by insurance, picked up $125 million in fresh funding to build out its provider network to all 50 states.
The series C round boosted Headway’s valuation to more than $1 billion, catapulting the startup to “unicorn” status, according to the company. Spark Capital led the round along with backing from Andreessen Horowitz, Accel and Thrive. The startup, which was backed by GV (formerly Google Ventures) in previous rounds, raised a $70 million series B round in May 2021 and picked up $26 million in series A funding in late 2020.
This latest round of capital will go towards investing in technology and tools to help mental health...
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