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Brave Health, a virtual behavioral health provider aimed at people on Medicaid, raised $10 million in Series B funding, the company announced Tuesday.

City Light Capital, Union Square Ventures and Able Partners led the funding round. The company has brought in nearly $21 million in total financing since its founding in 2017.

Brave Health plans to use the money to expand its operations. The company has grown quickly since launching two years ago. It serves more than 65 million covered lives in 10 states: Alabama, Florida, Georgia, Illinois, Kentucky, Michigan, New York, North Carolina, Ohio and Texas.

"As demand for behavioral health care continues to grow, the gap between people who need services and those who are receiving services has continued to widen, especially for those with Medicaid," Brave Health CEO and co-founder Anna Lindow said in a news release.
Brave Health, a virtual behavioral health provider aimed at people on Medicaid, raised $10 million in Series B funding, the company announced Tuesday. City Light Capital, Union Square Ventures and Able Partners led the funding round. The company has brought in nearly $21 million in total financing since its founding in 2017. Brave Health plans to use the money to expand its operations. The company has grown quickly since launching two years ago. It serves more than 65 million covered lives in 10 states: Alabama, Florida, Georgia, Illinois, Kentucky, Michigan, New York, North Carolina, Ohio and Texas. "As demand for behavioral health care continues to grow, the gap between people who need services and those who are receiving services has continued to widen, especially for those with Medicaid," Brave Health CEO and co-founder Anna Lindow said in a news release.
WWW.MODERNHEALTHCARE.COM
Brave Health rakes in $10 million in new funding
The mental and behavioral health startup for people on Medicaid has grown quickly, serving more than 65 million covered lives in 10 states, including Florida, New York and Texas.
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