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Headway Raises $70 Million In Series B Funding To Unlock Access To Affordable Mental Healthcare For Every American

May 04, 2021over 4 years ago

Amount Raised

$70 Million

Round Type

series b

Description

Headway, creator of the first software-enabled national network of therapists, today announced it has secured a $70 million Series B round of funding. Led by Andreessen Horowitz, with participation from Thrive, GV and Accel, the investment comes just six months after Headway’s Series A. The new capital brings total funding to date to $103 million and gives Headway a new valuation of $750 million.

Company Information

Company

Headway

About

Headway is building a new mental healthcare system, rewired for access and affordability, through software. Despite one in four people having a treatable mental health condition, the overwhelming majority don’t get the care they need because of high costs. Through its software-enabled network, Headway is connecting patients with therapists who accept insurance, helping providers to expand their practices, and individuals to finally find a therapist they can afford.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech