Behavioral Health Business May 21, 2024
Virtual speech-language startup Expressable has raised $28.2 million in a Series B round.
The Austin, Texas-based company has raised a total of $47.7 million, according to Crunchbase. It announced Tuesday that the funding will expand the company’s tech platform, pay for more staff speech-language pathologists and fuel its sales process with health plans and provider organizations.
Global investment firm HarbourVest Partners led the round. Digitalis Ventures and existing investors F-Prime Capital and Lerer Hippeau also participated, according to a news release.
“Speech therapy has transformational impacts on a child’s life, yet too many children today are left severely underserved risking delayed outcomes and cost-intensive care,” Expressable President and Chief Clinical Officer Leanne Sherred said in the release.
Expressable was founded...