MobiHealth News July 23, 2024
Jessica Hagen

The funding comes less than a year after the virtual mental health company closed a $125 million Series C funding round.

New York-based mental health platform Headway announced it secured $100 million in Series D funding, more than doubling its valuation to $2.3 billion.

Spark Capital led the round, joined by existing investors a16z, Thrive Capital and Accel, and new investor Forerunner Ventures.

The company also announced its plans to expand its services for individuals with Medicare Advantage and Medicaid insurance and additional commercial plans.

WHAT IT DOES

Through Headway’s platform, users enter their health plan information and search for in-network and private-practice therapists.

The platform also connects therapists to an insurance panel and helps with booking, billing and...

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