Lightyear Capital and Oak invested in Therapy Brands.

Lightyear Capital and Oak completed the investment in Therapy Brands, a provider of mental and behavioral health software. Financial terms were not disclosed. Providence Strategic Growth, Therapy Brands’ previous lead investor, will retain a significant minority investment going forward. Greater Sum Ventures will also retain a minority investment going forward. With this transaction, Lightyear becomes the Company’s lead investor, followed by Oak, PSG, GSV and a group composed of Therapy Brands’ Founder and CEO Shegun Otulana, Chairman Ross Croley, other members of management as well as other investors. “Therapy Brands has built an innovative SaaS platform management solution aimed at tackling a critical concern in mental and behavioral healthcare: managing timely, complex tasks while delivering superior quality of care. We look forward to working with Shegun and the Therapy Brands team, as they roll out their technology platform to new customers and expand reach into adjacent markets.” Andrew Adams, Oak Co-Founder & General Partner.