Industry Bulletins | October 19, 2022
NeuroFlow Raises $25 Million, Announces Growth Plans
NeuroFlow, which provides behavioral health treatment services and care management software, raised $25 million from SEMCAP Health. NeuroFlow plans to use the funding to expand its footprint and accelerate integration between payers, providers, and referral partners to meet demand for mental health care services. The company also plans to expand its technology platform. Mark Miller, managing director of SEMCAP Health, joined NeuroFlow’s Board of Directors in connection with the transaction.
The company was founded in 2017. Currently 15 million people across all 50 states have access to the NeuroFlow platform through its contracts with health systems, payors, and military . . .