Behavioral Health Business July 23, 2025
AbsoluteCare, a value-based provider of integrated health services including behavioral health, has nabbed $135 million in equity funding. The provider will use the latest capital infusion to expand into new markets – a priority the company underscored as important last December.
The fresh $135 million brings the total equity amount raised by the Columbia, Maryland-headquartered company to $240 million across two rounds. Its last private equity round raised $105 million in January 2021. Prior to that, AbsoluteCare had secured $12 million in a venture capital round in August 2016, according to Crunchbase.
In addition to announcing plans to expand across four new markets and two states in late 2024, AbsoluteCare also appointed a new chief growth officer, Michelle Croasdale, to...
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