Grow Therapy secured $75 million in series B funding led by TCV and Transformation Capital.
The funding will be used to expand insurance coverage including Medicare and Medicaid to all 50 states.
The company aims to enhance the provider and patient experiences by expanding commercial insurance, improving online marketplace capabilities, and building the team.
Since 2020, Grow has enabled thousands of providers to start their practice and served hundreds of thousands of patients.
The ultimate goal is to create the largest and most accessible behavioral health platform in the country.

Grow Therapy facilitates access to mental healthcare by connecting clients with qualified therapists and insurance companies. They offer a trusted, vetted network of therapists available within two days for online or in-person sessions. Patients can easily find and book therapists who accept their insurance, often resulting in an average 73% savings on therapy costs. Their platform also supports therapists in growing private practices with tools for credentialing, billing, and marketing. Grow Therapy is accessible in 47 states and allows patients to filter for specific needs, ensuring therapy is both comfortable and cost-effective.

Grow Therapy

Connects patients with therapists, accepts insurance, offers virtual and in-person sessions.

Grow Therapy Raises $75 Million in Series B Funding for Mental Healthcare Expansion

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