Mental Health Startup Headway Nabs $2.3 Billion Valuation.

MENTAL health; NEW business enterprises; MENTAL health services

Headway, a mental health startup, is raising a new funding round that values the company at $2.3 billion, double its valuation from the previous year. The funding round, led by Spark Capital, brings in about $100 million for the company. Headway connects people with therapists and offers services such as looking up benefits and booking appointments. The startup, founded in 2019, expanded its services to all 50 states and works with over 25 insurance plans. The company's rapid valuation growth is notable in a challenging period for startups that are not focused on artificial intelligence. [Extracted from the article]

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