Industry Bulletins | October 26, 2022
Brave Health Secures $40 Million Investment To Expand Access To Virtual Mental Health Services For Medicaid Populations
Brave Health, which provides virtual mental heath services, raised $40 million in Series C funding. The company plans to use the funding to expand access to services for Medicaid populations. It intends to continue its expansion into value-based care arrangements and into new and existing markets.
The funding round was led by Town Hall Ventures, with participation from existing investors Union Square Ventures, City Light Capital and others joining as well. This is Town Hall Ventures’ first investment in Brave Health.
Brave Health launched in 2019, initially serving health plans in Florida. Its services include a consumer engagement platform . . .