Behavioral Health Business April 11, 2024
Laura Lovett

Virtual psychiatric care provider Valera Health has raised $9 million in equity, according to public documents.

The provider offers therapy and psychiatry services to adults, as well as teens aged 12 to 18. It currently serves patients in New York, New Jersey, Massachusetts, Vermont, Arizona, Washington, Connecticut, Texas, Oregon and Floridia.

In addition to traditional one-on-one therapy, patients can use the platform to access medication management and group therapy. Its specialized services include adolescent and family programs and serious mental illness treatment. The company works with several payers, including Humana, Point32Health and Aetna. Without insurance coverage, therapy sessions start at $71.

This new infusion of capital brings the company’s total raise to more than $73 million. In October 2022, the...

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