Behavioral Health Business September 26, 2021
NOCD, a provider of obsessive compulsive-disorder treatment, announced an impressive Series B funding round as it continues its efforts to address the global OCD crisis.
NOCD pulled in $33 million in the funding round following the company establishing a new behavioral health market category called “Community-Driven Therapy”. The funds will be used to expand NOCD’s professional community, reach people earlier in their treatment journey and offer additional services to assist with their long-term health.
Stephen Smith, the CEO and founder of NOCD, said in a news release the behavioral health treatment system needs a new digital front door “that meets the needs of consumers with severe conditions on their terms, where they are.” It’s NOCD’s goal to meet those needs.
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