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Mental health platform Headway today announced it has raised $70 million in a Series B funding round. Andreessen Horowitz led the round with participation from Thrive, GV and Accel.
Coming in six months after its $26 million Series A round, Headway now boasts $103 million in total funding and a new valuation of $750 million.
WHAT THEY DO
Headway operates a platform connecting patients to in-network therapists and private practice therapists to insurance companies.
The startup's free tool allows users to punch in their current health plan and search a network of therapists for a match. On the therapist side, it connects them to an insurance panel and then helps to handle booking, billing and other back-end tasks.