Cortica, Inc. (Cortica), a leader in technology-enabled clinical services for autism and other neurodevelopmental conditions, announced a $60 million financing to further its mission to transform autism care. Longitude Capital led the oversubscribed Series C round with participation from new investors .406 Ventures and Adam Boehler, along with existing investors Questa Capital and Aperture Venture Partners. Silicon Valley Bank also participated by expanding Cortica’s credit facilities. Cortica is led by co-founders Neil Hattangadi, M.D., Chief Executive Officer (CEO); and Suzanne Goh, M.D., BCBA, Pediatric Neurologist and Chief Medical Officer, both Rhodes scholars who met at Harvard Medical School.
Cortica is accelerating its already rapid growth, expanding centers across multiple states, and investigating novel drug, device, and diagnostic technologies through sponsored and National Institutes of Health (NIH)-funded research. Cortica is considered a leader in autism outcomes research, having conducted multiple clinical studies to demonstrate the therapeutic benefits and cost-effectiveness of its evidence-based platform.
As part of the financing, Cortica is announced the addition of two industry leaders to its board of directors: Adam Boehler, CEO of Rubicon Founders, founder of Landmark Health, and former director of the Center for Medicare and Medicaid Innovation (CMMI); and Martha Temple, former CEO of Optum Behavioral Health, and market president at Aetna.
Cortica’s mission is to revolutionize health care for children with autism and other neurodevelopmental differences. Cortica was founded to fix the fragmented journey families typically navigate while seeking diagnoses and therapies for their children. Cortica blends neurology, research-based therapies, and technology into comprehensive care programs for children.
Longitude Capital is a leading health care venture capital firm that invests in transformative biotechnology, medical technology and health solutions companies seeking to improve clinical outcomes, enhance quality of life, and drive efficiency of health care delivery. Founded in 2006, Longitude Capital invests in both privately held and publicly traded companies through a variety of investment approaches. Longitude Capital has offices in Menlo Park, California; Greenwich, Connecticut; and Boston, Massachusetts.
This was reported by Cortica, Inc. on June 29, 2021.
Contact information: Cassie Walker, Marketing Director, Cortica, Inc., 7525 Metropolitan Drive, Suite 302, San Diego, California 92108; 858-252-4582; firstname.lastname@example.org; Website: https://www.corticacare.com/