Tava Health, a provider of hybrid (online and in-person) mental health care services for a range of conditions, including addiction, depression, eating disorders, and stress, raised $40 million in a Series C funding round.
Centana Growth Partners led the investment round with participation from investors Catalyst Investors, Blue Heron Ventures, Peterson Ventures, and Springtide Ventures.
Including the latest Series C round, Tava Health has raised $73 million in disclosed funding to date. The startup previously raised $20 million in a Series B round in 2024, led by Catalyst Investors with participation from existing investors, following a $10 million Series A round in 2021 and a $3 million Seed round in 2020.
“We raised Series C capital to invest deeply in our partners: the clinicians delivering care and the clinics managing the complexity behind it; the employers making care accessible and affordable for their employees; and the health plans moving beyond access toward real outcomes,” said Dallen Allred, Co-Founder and CEO of Tava Health.
Tava Health is already in-network for 9 in 10 commercially-insured Americans through integrations with more than 200 health plans across all 50 states, with first-session availability in as little as 12 hours.
The Series C round raise marks a significant evolution for the company: from a mental health network into a full-stack behavioral health platform serving providers, employers, and health plans, powered by one infrastructure.
Digital health companies, including mental teletherapy startups, have secured more than $180 billion in funding to date, according to our recent Funding Database.
More recently, Zócalo Health, a provider of AI-powered virtual primary care for Latino patients, raised $15 million in Series A funding.
In another deal, Remission Medical, a virtual rheumatology startup addressing a range of rheumatological conditions, including rheumatoid arthritis, osteoporosis, osteoarthritis, lupus, and gout, among others, raised a Series A funding round led by Blue Heron Capital.