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Headway raised $100M in a Series D funding round led by Spark Capital, bringing its total valuation to $2.3B.

Jul 15, 2024over 1 year ago

Amount Raised

$100 Million

Round Type

series d

New Yorkmental health careHealth Care

Investors

Global Founders CapitalAndreessen HorowitzAccelThrive CapitalSpark Capital

Description

Headway, a patient-matching platform, has raised $100 million in a Series D funding round, leading to a total valuation of $2.3 billion. The round was led by Spark Capital, with existing investors including Thrive Capital, Accel, Andreessen Horowitz, and Global Founders Capital.

Company Information

Company

Headway

Location

New York, New York, United States

About

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 60,000 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. The company operates in all 50 states and the District of Columbia, and has funding from a16z (Andreessen Horowitz), Accel, Forerunner Ventures, Spark Capital, Thrive Capital and Health Care Service Corporation.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech