Tava Health has raised $40 million in a Series C funding round led by Centana Growth Partners, with participation from existing investors including Catalyst Investors, Blue Heron Ventures, Peterson Ventures, and Springtide Ventures. The funding is intended to expand the company’s hybrid mental health platform and deepen support across its ecosystem of clinicians, employers, and health plans.
The company delivers both virtual and in-person mental health services, operating through in-network and cash-pay models. Its platform uses an algorithm to match individuals with licensed therapists, aiming to streamline access to care across multiple payer and delivery models.
Alongside the funding announcement, Tava Health introduced three new products designed to address operational and care coordination challenges:
Symphony by Tava Health: A free, AI-enabled practice management platform for behavioral health providers. It integrates tools such as an AI clinical scribe, treatment planning, scheduling, and telehealth capabilities. The platform also facilitates payment from more than 200 health plans within two weeks, including clawback protection.
TavaCare for Employers: A solution that allows organizations to offer mental health benefits through either fully sponsored care with no out-of-pocket costs or by leveraging employees’ existing insurance without additional employer fees.
TavaGuide: A coordination platform for health plans, health systems, and care coordinators to manage referrals, connect patients to providers, and track treatment progress and outcomes.
Dallen Allred, cofounder and CEO of Tava Health, said, "We raised this capital to invest deeply in our partners: the clinicians delivering care and the clinics managing the complexity behind it; the employers making care accessible and affordable for their employees; and the health plans moving beyond access toward real outcomes. When all three are better supported, the person sitting across from a clinician gets better care."
The Series C round builds on Tava Health’s prior funding trajectory, including a $20 million Series B round in 2024, $10 million in Series A funding in 2021, and $3 million in seed funding in 2020. The company operates in a competitive digital mental health market alongside providers such as Unmind, Brightside Health, BetterHelp, Talkspace, Calm, Headspace, and Cerebral, many of which have also secured significant investment to expand their platforms.
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