Behavioral Health Business September 26, 2023
Youth mental health startup Cartwheel Care Inc. has landed a $20 million Series A funding round.
The Cambridge, Massachusetts-based company offers pediatric digital mental health services via partnerships with school systems and boasts a no-waitlist system.
“Our commitment is that we will have appointments for the family within seven to 10 days of that initial referral from the school, sometimes sooner,” CEO Joe English told Behavioral Health Business.
Menlo Ventures led the round. The investment firms Reach Capital, General Catalyst, BoxGroup and Able Partners also participated. General Catalyst was involved in several other behavioral health funding rounds in 2023, most recently with the eating disorder treatment provider Equip. Late last year, a leader at the firm told us it would...