The round is led by global private equity and venture capital firm Insight Partners, with participation from Optum Ventures, Tusk Venture Partners, Primary Venture Partners, Sound Ventures, BoxGroup and Rainfall Ventures. This investment brings the company's total funding to $90.5M and will fuel Alma's national expansion and support therapists across the country to offer affordable, in-network care.

Founded in 2017, 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 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.