As demand for mental health services soars, SonderMind raises $27 million to expand its services

INSUBCONTINENT EXCLUSIVE:
2017, is having a moment
States , demand for mental health services is soaring
scope of the problem in stark terms
Another 7% of United States adults reported suffering at least one major depressive episode in 2018.Taken together, the data points to a
tremendous health problem
access to care are the ones that can afford the high price of therapy
SonderMind changes that equation by offering practitioners a toolkit and back office services so they can bill insurance providers and take
care of the operational side of running a healthcare practice
It also acts as a funnel, gauging the needs of potential patients and connecting them to the therapists that are best suited to provide them
the care they need
That lets practitioners focus on seeing patients, the company said.The company currently counts 500 providers on its marketplace, which
operates in Colorado, Arizona and Texas, and has raised $27 million in its latest round of financing to extend its services to other parts
of the United States The San Francisco-based investment firm General Catalyst led the financing, which also included additional new
investors F-Prime Capital and participation from previous investors like the Kickstart Seed Fund, Di?ko Ventures (managed by FCA Venture
continued emphasis on healthcare services for the firm
exposure to mental health investment through another portfolio company, Mindstrong Health