SonderMind Inc., a Denver, CO-based company focused on making behavioral health accessible and improving mental health clinical outcomes, closed a $150m Series C financing.
The round, which brought total capital raised to date to $183m, was co-led by new investors Drive Capital and Premji Invest, with participation from General Catalyst, Partners Group, Smash Ventures, Kickstart Fund, and F-Prime Capital, as well as Founders Circle Capital, Zoma Foundation, and FCA Venture Partners. Drive Capital’s Molly Bonakdarpour joined the SonderMind board in connection with the financing.
The company intends to use the funds to accelerate expansion into all fifty states.
Led by Mark Frank, co-founder and CEO, SonderMind enables clinicians to access tools to deliver care for their clients in a private-practice setting. The solution takes care of matching clients who are a clinical fit, payments, telehealth, full technology suite, clinical assessments and a supportive team behind all of it.
Behavioral-health startup SonderMind reaches unicorn status with help of Columbus firm Drive Capital
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SonderMind Raises $150M to Expand Tech-Enabled Behavioral Health Platform
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Denver behavioral health tech company SonderMind reaches unicorn status with $150M raise
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Meet Smash Ventures, the low-flying outfit that has quietly funded Epic Games among others
When in 2018, Smash Ventures showed up as an investor in a $1.25 billion round for Epic Games reportedly the largest ever investment in a video game company at the time it was the first time many had heard of the investing outfit.
When the brand showed up again last summer in an even bigger round for Epic last August, the games giant announced $1.78 billion in fresh funding at a post-money equity valuation of $17.3 billion a diner near Epic’s Cary, North Carolina headquarters that sells “smash waffles” started getting calls from reporters, says Eric Garland, who used to lead venture and growth deals for The Walt Disney Company after selling his company, BigChampagne, to Live Nation in 2011.