Two Chairs, a behavioral health company in California, raised $72 million in a Series C funding round led by Amplo Financing. The company matches patients with therapists through a 45-minute interview process with licensed experts. They offer therapy in person and virtually, with clinics in California, Washington, and Florida. Two Chairs is expanding to more states and investing in technology for better patient-therapist matching. As of 2021, mental illness affects over 20% of adults in the US, driving the growth of virtual mental health services. Other players in the digital behavioral health sector include Blackbird, Talkspace, oVRcome, Little Otter, and NeuroFlow.
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Hybrid behavioral health provider Two Chairs scores $72M
