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Town Hall Ventures led a $40m Series C round in Brave Health.

Synopsis

Town Hall Ventures, an investment firm aimed at transforming the US health care market, led a $40m Series C round in Brave Health, an online platform that offers therapy and medication management for psychiatric conditions, with participation from Union Square Ventures and City Light Capital. "The team at Brave Health has demonstrated a commitment to doing the hard work of engaging the most vulnerable populations at their most vulnerable moments and getting them into ongoing care. And they're taking on the accountability to improve patient outcomes and ultimately reduce the total cost of care. We are thrilled to support Brave Health's expansion as they work to revamp the way mental health services are delivered and paid for on behalf of Medicaid populations across the country," Andy Slavitt, Town Hall Ventures General Partner.

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