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Allswell raises $7M seed round led by Rethink Impact to expand LGBTQ+ behavioral health services with insurance coverage across new markets.
Amount Raised
$7 Million
Round Type
Seed
San FranciscoHealth CareMedicalInvestors
Description
Allswell, a behavioral health company built for the LGBTQ+ community, announced a $7 million seed round led by Rethink Impact, with participation from Magnify Ventures, Ulu Ventures, and Hopelab Ventures. The round brings total funding to $8.3 million, following a $1.3 million pre-seed. Allswell offers virtual therapy, group programs, and trauma-informed care covered by commercial insurance and Medicaid. The company plans to expand beyond Washington, DC, Maryland, and Virginia, build out clinical training programs, and add psychiatric medication management services.
Fundz sees it the moment Allswell raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Allswell raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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