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Venture Capital News: Headway Scores $100M Series D FInancing

2024-07-23
NEW YORK, NY, Headway, the company building a new mental healthcare system, today announced a $100 million Series D funding round and its planned expansion to Medicare Advantage and Medicaid.
The recent funding values the company at $2.3 billion, a 130% increase from its previous valuation. Led by Spark Capital, with participation from existing investors Thrive Capital, Accel and a16z, and new investor Forerunner Ventures, this round will accelerate platform development to simplify private practice operations so providers can focus on delivering excellent clinical care.

Headway is building the modern mental healthcare system where everyone can get the right care from the right therapist, covered by insurance. Today, we're the largest mental health provider network in the country, with 34,000 providers across race, gender, ethnicity and specialty working with Headway to run their private practice. Patients can schedule care within 48 hours via one-click booking at headway.co, or can get care through a referral.
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