Grow Therapy Secures $88M To Expand Mental Health Services

Grow Therapy, a mental health technology company, has secured $88 million in Series C funding to expand its reach to more patients. The company assists independent therapists in setting up in-person and virtual private practices, handling administrative tasks like billing and insurance claims. Patients can then book appointments with therapists who specialize in their needs and are in their network. The funding round was led by Sequoia Capital, with participation from Goldman Sachs Alternatives and PLUS Capital, among others. The company plans to invest in its team, product development, and expand nationally. Additionally, advancements in care infrastructure aim to improve patient outcomes and elevate the mental health profession.

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