MobiHealth News October 6, 2023
The company’s platform connects patients with in-network therapists and mental health providers with insurance companies.
Mental health platform Headway announced it closed a $125 million Series C funding round led by Spark Capital, boosting its valuation to more than $1 billion.
Existing investors a16z, Accel and Thrive participated in the round, as well as new strategic investors led by Health Care Service Corporation.
Will Reed, general partner at Spark Capital, will join the company’s board of directors.
WHAT THEY DO
Headway’s platform connects patients to in-network therapists and private practice therapists to insurance companies.
Through the company’s free tool, users enter their health plan information and can search a network of therapists in-network. The platform also connects therapists...
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