Deals
Mental-Health Startup Cerebral Nabs $1.2 Billion Valuation
- Billionaire Len Blavatnik’s Access Industries led new round
- Silver Lake Waterman, Bill Ackman, Chris Burch among investors
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Cerebral Inc., a startup that provides counseling, medication and other mental-health services, has more than quintupled its valuation to $1.23 billion.
The San Francisco-based company raised $127 million in a round led by billionaire Len Blavatnik’s Access Industries, Chief Executive Officer Kyle Robertson said in an interview. Nami Park, an adviser to Access, has joined Cerebral’s board.