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Grow Therapy

Leader

Raised $150M Series D (Mar 2026) led by TCV and Goldman Sachs Alternatives. $1B+ annualized revenue. 7M visits in 2025. 26K providers, 220M covered lives.

Best for: Mental Health MarketplaceMarket leader
68
AI Score
Grade B↑ Trending
AI Visibility Score (Beta)
HealthcareMental Health MarketplaceWebsiteUpdated April 2026

Brand Intelligence Graph

Integrates with
Capabilities
Mental Health Marketplace

Company Overview

About Grow Therapy

Grow Therapy is the largest insurance-covered mental health provider marketplace in the US, connecting 26,000 therapists and psychiatrists with patients across 220 million covered lives. The company raised $150 million in Series D financing in March 2026 led by TCV and Goldman Sachs Alternatives after crossing $1 billion in annualized revenue — rare proof of genuine unit economics in behavioral health, which has historically struggled to achieve profitability at scale.

Business Model & Competitive Advantage

The platform delivered 7 million mental health visits in 2025, making it one of the highest-volume behavioral health providers in the country. Grow Therapy's in-network model solves the core access problem in mental health: most private-practice therapists don't accept insurance because reimbursement is low and billing is complex. Grow Therapy handles credentialing, billing, and administrative burden, enabling therapists to take insurance while keeping their practices viable.

Competitive Landscape 2025–2026

The 2026 round funds deeper integration with employer assistance programs (EAPs) and health system partnerships, including with Circle Medical. This positions Grow Therapy at the center of the emerging integrated behavioral health model — where mental health care is coordinated alongside primary care rather than treated as a separate benefit — which health systems and payers are actively building.

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Key Differentiators

Market Leader

Grow Therapy is recognized as a market leader in the Digital Health sector, demonstrating strong industry presence and customer trust.

Frequently Asked Questions

Estimated Visibility Trend (Beta)

Simulated 8-week rolling score

68
↑ Trending

Based on estimated brand signals. Historical tracking coming soon.

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