Iris Telehealth Raises $40M in Series B Funding

Iris Telehealth, an Austin, TX-based provider of telepsychiatry services for health systems and community health centers across the U.S., raised $40M in Series B funding.

The round was led by Concord Health Partners and Columbia Pacific Advisors. 

The company intends to use the funds to:

  • Grow their clinical operations team
  • Scale their go-to-market strategy
  • Expand their product and technology capabilities
  • Augment their team of clinical and corporate employees

Founded in 2013, and Andy Flanagan, CEO, Iris Telehealth helps healthcare organizations increase access to quality mental healthcare for their patients by providing the clinicians, staff support, and knowledge to build a sustainable telepsychiatry department. The company, which is now serving almost 200 hospitals and community health centers, 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.