Startups

Mental Health Startup Grow Therapy Hits $3 Billion Valuation

Grow Therapy co-founders Manoj Kanagaraj, Jake Cooper and Alan Ni.

Source: Grow Therapy

Sequoia Capital-backed mental health startup Grow Therapy has reached a $3 billion valuation with new funding.

The company, which connects patients with therapists and psychiatrists covered by insurance, has secured a $150 million Series D round led by existing investors TCV and Goldman Sachs Alternatives’ growth equity business. Grow Therapy plans to announce the financing Tuesday.