5 Notable Health Tech Funding Announcements in July
Here is a list of some of the biggest funding rounds from health tech companies that were announced in July.
Headway Secures $100M To Expand to MA/Medicaid Members
Headway's $100 million Series D funding round was led by Spark Capital and included participation from Thrive Capital, Accel, a16z and Forerunner Ventures.
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Headway Raises $125M, Reaches Unicorn Status
Headway closed a $125 million Series C funding round. The round brings the New York-based startup’s valuation to $1 billion, reaching unicorn status. The company connects patients to in-network therapists and helps mental health providers avoid the massive administrative burden associated with taking insurance.
Empire BCBS adds 4 virtual behavioral health companies to its provider network
The four companies are Alma, Headway, NOCD and Ophelia. Alma and Headway will help Empire expand its mental health provider network, while NOCD and Ophelia will address specific conditions: obsessive-compulsive disorder and opioid use disorder, respectively.
CareFirst, Headway partner to improve access to mental healthcare
Through the collaboration, CareFirst's individual behavioral health practitioners can join Headway's platform so members can filter, choose a provider, book and pay in one spot.
Headway raises $70M to build network of mental health providers
Headway, a startup working to build a network of therapists covered by major insurers, raised $70 million in funding. The startup manages claims, credentialing and other administrative work for independent practices.
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After struggling to find a therapist, Headway founder built his own network
The New York based startup is working to build a network of therapists and other mental health providers. It recently raised a $26 million series A round led by Thrive and GV.