Industry Bulletins | October 29, 2021
Brave Health Expands Geographic Footprint & Platform With $10M Series B Financing
Brave Health, a virtual-first behavioral health provider focused on serving Medicaid populations, today announced that it completed a $10M Series B financing round led by City Light Capital, Union Square Ventures and Able Partners, bringing its total funding to $20.75M. Since launching with health plans in Florida in 2019, the company is rapidly scaling to serve more than 65M covered lives across 113 health plan contracts in 10 states, including North Carolina, Kentucky, Georgia, Illinois, Texas, New York, Ohio, Michigan and Alabama.
Brave Health offers a virtual alternative to traditional outpatient services (therapy, psychiatry, case management, medication-assisted . . .