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Teletherapy provider Sensible Care scored $13 million in a Series A funding round led by Volition Capital with participation from Skyline Investors.
WHAT IT DOES
«Founded in 2017, the startup offers virtual therapy and psychiatry services for patients, including children and couples. Sensible Care also provides in-person transcranial magnetic stimulation, a therapy used for patients with depression who don’t respond to or can’t use medication. «
«The company currently operates in California, but plans to use the investment to expand and further develop its platform. Sensible Care said it will focus on states with large populations of patients covered under TRICARE, health plans for military service members and their families, like Texas, Florida and Virginia. «
«»Our goal is to not only provide patients with on-demand access to mental healthcare services but to do so with a level of quality that comes with long-term patient-provider relationships, which are the bedrock of any traditional practice,» CEO Paul Kim said in a statement.»
«»Having personally experienced the frustrating obstacles of accessing quality mental healthcare, especially for military veterans, my cofounders and I set out to create a solution that maximizes access for patients by leveraging their insurance while offering value for providers through tech-enabled employment.»»
Article written by Emily Olsen.