BetterHelp Raises $100M in Series Unknown

BetterHelp has successfully raised $100M in a Series Unknown at a $1B valuation led by Francisco Partners.

Company Overview

BetterHelp is a HealthTech company headquartered in 990 Villa Street, Mountain View, CA 94041, founded in 2013 with 3000+ employees.

Online counseling platform

Fundraising Details

Amount Raised: $100M
Round Type: Series Unknown
Valuation: $1B
Date: 2024-03-11
Investors: Francisco Partners

About BetterHelp

Online counseling platform The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 990 Villa Street, Mountain View, CA 94041
Founded: 2013
Team Size: 3000+
Industry: HealthTech

What This Means

This funding round demonstrates strong investor confidence in BetterHelp's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The HealthTech sector continues to attract significant investment as companies innovate to meet evolving market demands. BetterHelp's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $1B valuation marks an important milestone for BetterHelp, positioning the company among notable players in the HealthTech industry.

Looking Ahead

With this new capital, BetterHelp is well-positioned to execute on its growth strategy and continue building innovative solutions in the HealthTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-03-11. For more information about BetterHelp, visit their headquarters at 990 Villa Street, Mountain View, CA 94041.

BetterHelp