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Exclusive: Brave Health gets $40M for Medicaid's mental health gap

Oct 11, 2022
Illustration of a hundred dollar bill with a brain in place of Benjamin Franklin

Illustration: Sarah Grillo/Axios

Brave Health, a virtual care startup dedicated to mental health care for Medicaid members, raised $40 million in Series C funding led by Town Hall Ventures, the parties tell Axios exclusively.

Why it matters: The prevalence of mental illness and substance use disorders is highest in non-elderly adults with Medicaid, yet few startups are tackling this problem for this low-income population most in need.

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