Octave Raises $52M Series C Funding Round

Octave Raises $52M Series C Funding Round VCNewsDaily Staff

SAN FRANCISCO, CA, Octave, an innovator in outcomes-focused behavioral health care, has secured $52 million in Series C funding.

Octave today announced that it has secured $52 million in Series C funding to drive national expansion of evidence-based, in-network therapy services. The round was led by Cigna Ventures, Novo Holdings, and Avidity Partners, and joined by all existing institutional investors, Health Velocity Capital, Greycroft Partners, Felicis Ventures, Company Ventures, and Obvious Ventures.

Octave is a modern behavioral health practice creating a new standard for care delivery that's both high-quality and accessible to more people. With in-person and virtual clinics, the company offers personalized care plans that can include individual, couples, and family therapy, while pioneering relationships with payers to make care more affordable through insurance. Grounded in science, Octave enables clients to experience profound change that is as measurable as it is meaningful.

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