Behavioral Health Business September 26, 2021
Meru Health — which provides online-led solutions to treat various behavioral conditions — has raised $38 million in a Series B round led by Industry Ventures. The latest funding raised by the San Mateo, California-based company was announced Thursday.
Other firms participating in the round included early investors Bold Capital Partners, Freestyle VC, FMZ Ventures and Leksell Social Ventures, with financing also provided by J.P. Morgan.
The new funding consisted of a mix of equity and debt, bringing the total amount thus far raised by the company to $43.3 million, according to fundraising tracking site Crunchbase.
Launched in 2018, Meru Health offers users a 12-week treatment program for depression, burnout and anxiety, with sessions led by licensed therapists. In addition...
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