Grow Therapy

Grow Therapy

Bridges the gap between therapists and people seeking mental health care to get more people into therapy.

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DateInvestorsAmountRound
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$88.0m

Series C
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD2022
Revenues0000
EBITDA0000
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EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

More about Grow Therapy
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Grow Therapy is a digital health startup that operates in the mental health sector. It offers an online platform where clients can easily find and book appointments with therapists. The company's primary target market includes individuals seeking mental health services, with a focus on those who have insurance coverage for therapy sessions.

The business model of Grow Therapy is straightforward. It operates as an intermediary between clients and therapists, facilitating the process of finding a suitable therapist, booking appointments, and managing payments. The company makes money by charging a commission or service fee for each booking made through its platform.

One of the key selling points of Grow Therapy is its commitment to speed and convenience. The company promises that clients can see a therapist within two days of booking, a significant advantage in a sector where waiting times can often be lengthy. Additionally, Grow Therapy simplifies the process of using insurance to cover therapy costs, which can often be a complex and confusing process for many people.

The company also provides resources for exploring medication options, further enhancing its value proposition as a comprehensive mental health resource. It operates across multiple states, with a particular focus on the District of Columbia, and accepts a wide range of insurance providers, including Amerihealth, Blue Cross Blue Shield, Humana, and UnitedHealthcare.

In summary, Grow Therapy is a digital platform that simplifies the process of finding and booking therapy sessions, with a focus on speed, convenience, and insurance coverage.

Keywords: Mental Health, Digital Health, Online Booking, Therapy, Insurance Coverage, Speed and Convenience, Medication Options, Commission-Based Revenue, Intermediary, Nationwide Service.

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