The round was led by Thoma Bravo, a leading software investment firm, with participation from Cigna Ventures. Existing investors Insight Partners, Optum Ventures, Tusk Venture Partners, Primary Venture Partners, and Sound Ventures also participated in the round, bringing the company's total funding to over $220 million.

Alma is on a mission to simplify access to high quality, affordable mental health care by giving providers the tools they need to build thriving in-network private practices. Alma's membership platform enables providers to manage insurance, billing, scheduling, client referrals, and continuing education, enabling them to focus on what matters most: delivering care to clients.