Alma Raises $50M in Series C Funding

Alma

Alma, a New York-based mental health care network, raised $50M in Series C funding.

The round was led by Insight Partners, with participation from Optum Ventures, Tusk Venture Partners, Primary Venture Partners, Sound Ventures, BoxGroup and Rainfall Ventures.

The company intends to use the funds to expand operations and its business reach.

Led by Dr. Harry Ritter, founder and CEO, Laura Scott, Chief Operating Officer, and Kate Mellor, Vice President of Payer Strategy Alma is a membership-based network for mental health care providers to build and scale their practices. Its software platform offers insurance support, teletherapy software, automated billing, and scheduling tools to let therapists focus on providing care. Members also benefit from personalized client referrals and ongoing training and development. People can work with Alma’s Client Matching team to find the right therapist that fits their needs, budget, and schedule, and also have access to the company’s online directory of clinicians.
Over the past 12 months, Alma scaled its network of mental health providers to over 2,000 members. Today, it is available in New York, New Jersey, Connecticut, Massachusetts, Florida, Arizona, Nevada, and Texas.

FinSMEs

01/09/2021