Behavioral Health Business February 21, 2024
Tech-backed youth mental health provider Blackbird Health has raised $17 million in Series A funding.
Define Ventures led this new round of funding, bringing the startup’s total raise to roughly $23 million. Frist Cressey Ventures and GreyMatter also participated in this funding round.
The Pittsburgh-based startup plans to use the new capital to fuel its growth strategy.
“We plan to expand to new markets, identifying them by working with our payer partners to understand what communities they support that have need — and by working with community partners (health systems, pediatricians, etc.) to build community density,” Tom Peterson, Blackbird’s CEO, told Behavioral Health Business, in an email. “We’ll also invest in expanding our team and building new AI-powered technologies to...