Valera Health Raises $45M in Growth Equity Financing

Valera Health, a New York-based virtual mental health provider, raised $45M in Growth Equity funding.

The round was led by Heritage Group, with participation from Cigna Ventures, Horizon Healthcare Services, Windham Ventures, AXA Venture Partners, Aquiline Technology Partners, Trinnovate Ventures, Figure Eight Investments, Watershed VC, and Alsora Capital.

The company intends to use the funds to continue to increase access to high-quality behavioral health care and expand its deep partnerships with health systems and health plans across the country.

Led by CEO Dr. Thomas Tsang, Valera offers personalized services to everyone in need of mental health care, including those in rural and urban communities, and in provider shortage areas. It serves BIPOC and LGBTQ+ communities through culturally-intentional care and a diverse, multilingual provider network where more than 50% of clinicians self-identify as Black, Hispanic, or Asian. It partners with health plans and provider groups that cover over 50 million lives across several states.

FinSMEs

31/10/2022