SoftBank Vision Fund 2 Backs Cerebral at $4.8 Billion Valuation

  • Simone Biles is startup’s chief impact officer and an investor
  • Valuation has roughly quadrupled since round earlier this year
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Cerebral Inc., a startup that provides mental-health services, said its valuation roughly quadrupled to $4.8 billion after raising $300 million in an equity funding round led by SoftBank Vision Fund 2.

Prysm Capital, Len Blavatnik’s Access Industries, WestCap Group and Artis Ventures also participated, Chief Executive Officer Kyle Robertson said in an interview.