Amount$15M
Post-money valuation$225M
SeriesSeries B
AnnouncedJun 14, 2016
SectorHealthcare, Wellness, Mental Health, Therapy
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
5 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series B rounds (996)
Round size distribution24th pct
smaller Series B roundslarger
Post-money valuation21th pct
$35Mthis round: $225M$2.6B
vs. Healthcare, Wellness, Mental Health, Therapy (6)
Round size in sector67th pct
$1Mthis round: $15M$50M
