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Iris Telehealth Grabs $40M Series B Round

2022-04-14
AUSTIN, TX, Iris Telehealth announced today that they have raised $40 million in Series B funding.
Iris Telehealth, a leading provider of telepsychiatry services for health systems and community health centers across the U.S., announced today that they have raised $40 million in Series B funding to accelerate their vision of improving outcomes for patients with serious mental illness. Founded in 2013, Iris is dedicated to delivering quality, sustainable behavioral healthcare so their partner organizations can better support the patients who need it most.

Leading this funding round are Concord Health Partners and Columbia Pacific Advisors. In 2019, Concord Health Partners collaborated with the American Hospital Association (AHA) to launch their AHA Fund to help hospitals and health systems innovate and transform the way they deliver healthcare.

Iris Telehealth helps healthcare organizations consistently increase access to quality mental healthcare for their patients by providing the clinicians, staff support, and knowledge to build a sustainable telepsychiatry department. With clinical grounding and emphasis on human relationships, Iris Telehealth identifies best-fit providers for each unique organization and ensures long-term commitment to meeting their partner's needs, allowing them to provide the highest quality care to their patients and community.
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