NeuroFlow Closes $25M Growth Funding

NeuroFlow, a Philadelphia, PA-based behavioral health integration technology company, raised $25M in Growth funding.

The round was led by SEMCAP Health.

The company intends to use the funds to expand its technology platform and its referral network, and deepen its relationships with payors and providers.

Led by CEO Chris Molaro, NeuroFlow assesses and triages people with behavioral health conditions to get them to the right level of care, providing support for populations that would typically be excluded in today’s healthcare system. Proven to drive clinical and financial outcomes for hundreds of leading health systems, payors, and military organizations covering 15 million individuals, its platform combines consumer engagement with care management software to support behavioral health at scale.

In the past year, the company has doubled in size (full-time employees) and has seen considerable adoption in the market by both major health systems and payors, expanding its reach of lives supported from 2 million to 15 million in all 50 states. Last month, the company moved into a state-of-the-art 16,000-square foot office in downtown Philadelphia to support a staffing increase and encourage more collaboration with key partners.

FinSMEs

13/10/2022