Octave Raises $20M in Series B Funding

Octave, a San Francisco CA-based company which specializes in behavioral health, raised $20M in Series B funding.

The round was led by Health Velocity Capital, and joined by Cigna Ventures as well as existing investors Greycroft, Obvious Ventures, Company Ventures and Felicis Ventures.

The company plans to use the funding for technology and clinical innovation and expansion of business operations.

Led by Sandeep Acharya, Co-Founder and CEO, Octave is a national behavioral health practice that provides care through in-person and virtual coaching, individual, relationship and group therapy. The company launched its evidence-based therapy and coaching practice in New York in 2018, and now serves clients across California and New York.