Cortica Announces $60 Million Financing To Accelerate National Access To Comprehensive Autism Care Model

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; cawalker@corticacare.com; Website: https://www.corticacare.com/

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COVID-19 Risk Management Plan August 11, 2021

We are excited to return to sunny southern California for The 2021 OPEN MINDS Management Best Practices Institute at the picturesque Newport Beach Marriott Hotel & Spa, August 23-26, 2021. To help plan your in-person attendance, visit https://openminds.com/live-mbpi/ for a schedule of events happening throughout the week.

The resurgence of the COVID Delta variant has certainly created new challenges for the country and for our families. Fortunately, the available COVID vaccinations have been very successful in preventing symptomatic infections and illness. But I did want to let you know that our team at OPEN MINDS is committed to making our executive events as safe as possible and have an active risk management plan in place. I wanted to share with you the key elements of our plan:

Masking. Every participant will receive a mask as part of their registration materials. Unvaccinated people will be required to wear masks – and vaccinated attendees will be encouraged to wear masks. If the local or state governments have more restrictive standards (including mandatory masking or requiring proof of vaccination) at the time of our institutes, we will follow those standards.

Social Distancing. We are working with the event venue to hold all sessions in the largest possible rooms with seating as far apart as possible. In order to accomplish this, we ask that you select in advance the sessions you plan to attend in-person at the event venue. This will assist us with room and seating arrangements.

Outdoor Events. Where possible, we will use outdoor spaces for networking events and smaller sessions.

Hand Sanitation. Hand sanitation stations are available throughout the event venue and hand sanitizer is included in your registration materials, courtesy of our partner, Qualifacts+Credible.

Virtual Sessions. Every session will be partially or fully available in a virtual capacity:

We are livestreaming via GoToWebinar our plenary sessions – keynote addresses and plenary panels. You can participate online from your hotel room (or from your home office if you can’t attend on-site). We will be accepting questions from both the onsite and online audiences.
Each executive seminar is being offered at two separate times, one live at the event venue and the other exclusively for virtual attendees.
We are recording the audio for each session – and will post the audio along with presentation materials after each session.
A virtual exhibit hall will be available with access to all exhibitor contact information, product demos, and engagement opportunities.

We will continue to monitor any changes in the CDC recommendations for the continued safety of the public. If you have any concerns or questions, feel free to reach out to a member of our team at events@openminds.com or by phone at 877-350-6463. We look forward to seeing you at The 2021 OPEN MINDS Management Best Practices Institute.

Monica E. Oss
Chief Executive Officer
OPEN MINDS

Cortica Announces $60 Million Financing To Accelerate National Access To Comprehensive Autism Care Model

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COVID-19 Risk Management Plan August 11, 2021

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