MedCity News December 8, 2021
The company recently raised a $300 million funding round led by Softbank’s second vision fund. It’s one of several digital health startups looking to address access to mental healthcare.
With Softbank’s second vision fund as a backer, mental health startup Cerebral recently closed a $300 million funding round. The startup has raised a total of $462 million to date, giving it a $4.8 billion valuation, according to Bloomberg.
Olympic gymnast Simone Biles also recently struck a partnership with the company, joining as an investor and its chief impact officer.
San Francisco-based Cerebral is one of several online mental health startups, providing counseling, therapy and medication delivery through an online platform.
The company, which has been around for just a...