Oct 4 (Reuters) - Headway, a healthcare tech startup that connects patients and in-network therapists, has raised $125 million in Series C funding, the company told Reuters.
Insurance company Health Care Service Corporation also joined the round.
Based in New York, Headway's platform connects patients with therapists and psychiatrists who can provide care covered by insurance.
The company makes money by taking a cut of the payments that therapists on its platform receive from insurance companies.
The pandemic prompted more people to turn to mental health services to deal with stress and burnout.
Persons:
Andreessen Horowitz, Andrew Adams, We've, Adams, Will Reed, Krystal Hu, Tom Hogue
Organizations:
Reuters, Spark Capital, Accel, Andreessen Horowitz . Insurance, Health Care Service Corporation, Thomson
Locations:
New York, U.S, San Francisco