Behavioral Health Business December 2, 2021
Quartet Health Inc. raised $60 million in a funding round that was led by the Philadelphia-based insurance company Independence Health Group.
The New York City-based behavioral health technology company announced Thursday that existing investors GV and Oak HC/FT also joined the round, which brings the total amount raised to $222 million since 2014.
The new funding is intended to help Quartet Health expand its capabilities, according to a news release. It presently works with insurance plans and health care systems in 14 states and by the end of 2022, hopes to provide connections to behavioral health in 30 states, according to a representative of the company.
Quartet Health employs about 250 people and seeks to act as the virtual front...
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