The round was led by Amplo with Fifth Down Capital, and other investors also participating. Bridge Bank provided the debt financing. This latest round brings the total capital raised to $103M. Two Chairs has grown 8x over the last 36 months and now has more than 500 clinicians on staff. This new infusion of capital will further expand Two Chairs' reach, making mental health care more accessible and effective.

Two Chairs delivers the nation's best therapy at scale. Founded in 2017, the company's mission is to build a world where we all have access to exceptional mental health care. Their unique approach begins with an in-depth, research-backed process where a licensed Two Chairs clinician matches patients with their ideal therapist. Two Chairs then uses their industry-leading system for measurement-based care to help patients get better, faster. Two Chairs is the employer of choice for over 500 licensed therapists across 90 areas of expertise and has more than 20 million covered lives. The company has earned a number of awards, including 2024 Great Place To Work and San Francisco Business Times Best Places To Work.