Grow Therapy Raises $75 Million To Expand Access To Affordable Mental Health Care

Grow Therapy announced a new round of series B funding of $75 million. This round of funding was led by Treasury Corporation of Victoria (TCV), co-led by Transformation Capital, with support from existing backers SignalFire and Silicon Valley Bank (SVB).

This new round of funding will be used to expand Grow Therapy’s insurance coverage and improve the provider organization and health care consumer experiences. Specifically, the areas that the company will focus on include: expanding commercial insurance and Medicare and Medicaid coverage (which are currently accepted in select states) from 13 states to all 50, deepening the capabilities . . .