Behavioral Health Business July 15, 2024
Morgan Gonzales

Patient-matching platform Headway is in the midst of closing a $100 million funding round, boosting its valuation to $2.3 billion, reports say.

Spark Capital led the round, according to Bloomberg. Headway’s new valuation is roughly double what it was a year prior.

Headway’s existing investors include Thrive Capital, Accel, Andreessen Horowitz and Global Founders Capital.

Headway declined to comment on the new raise.

The funding comes less than a year after Headway achieved its unicorn status during a relatively dry spell for digital behavioral health funding.

Headway raised $125 million in a Series C funding round in October 2023, also led by Spark Capital.

The company quickly followed the news of the Series C with an announcement that it partnered...

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Topics: Digital Health, Investments, Mental Health, Provider, Technology, Trends
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