Behavioral Health Business March 6, 2024
Digital mental health company Tava polished off its Series B funding round, bringing the total raise for this round to $20 million.
Salt Lake City, Utah-based Tava secured $16 million in January and recently secured an additional $4 million in a funding round led by Catalyst Investors. Its existing investors, Peterson Partners, Toba Capital and SpringTide, as well as a new investor, Blue Heron Capital, also participated.
Tava offers its all-in-one mental health platform, which includes an electronic health record (EHR) and practice management software to therapists for free, then works with employers, trade associations and payers to match patients with therapists who use the Tava platform.
The company only accepts commercial insurance plans, including Aetna, BlueCross BlueShield...
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