Industry Bulletins | April 24, 2024
Two Chairs Raises $72 Million To Expand Hybrid Behavioral Health Nationally
Hybrid behavioral health provider Two Chairs raised $72 million in a new funding round. The round was led by Amplo with Fifth Down Capital, and other investors also participating. The company plans to use the investment to expand services. In the same announcement, Two Chairs said it secured debt financing from Bridge Bank.
The company, which has in-person clinics in California, Washington, and Florida, matches consumers with clinicians by setting up a 45-minute interview. Two Chairs said it offers therapists across 90 areas of expertise. Its services can be accessed both in person and virtually . . .