Grow Therapy - About the company
Grow Therapy is a series D company based in New York City (United States), founded in 2020. It operates as a Digital platform that connects clients with licensed therapists and insurance companies. Grow Therapy has raised $328M in funding from investors like TCV, Sequoia Capital and Goldman Sachs, with a current valuation of $3B. The company has 379 active competitors, including 62 funded and 20 that have exited. Its top competitors include companies like SonderMind, Lyra Health and Cerebral.
Sectors and market segments that Grow Therapy operate in
Grow Therapy serves in the HealthTech market segments.The primary business model of Grow Therapy is:Company Details
Digital platform that connects clients with licensed therapists and insurance companies. It focuses on improving access to mental health services by connecting individuals with licensed therapists through an innovative, provider-centric platform.
- Website
- growtherapy.com
- Email ID
- *****@growtherapy.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2020
Location
New York City, United States
Stage
Series D
Total Funding
$328M in 4 rounds
Latest Funding Round
Post Money Valuation
$3B as on Mar 10, 2026
Ranked
11th among 379 active competitors
Employee Count
3,208 as on Aug 31, 2026
Similar Companies
Legal entities associated with Grow Therapy
Grow Therapy is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
GROW CARE, INC. CIN: 5898403 , United States, Active | Dec 16, 2020 | - | - | - |
GROW THERAPY, INC CIN: 850827350 , United States, Active | Dec 31, 1999 | - | 386 (As on Dec 31, 2024) | - |
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Grow Therapy's funding and investors
Grow Therapy has raised a total funding of $328M over 4 rounds. Its first funding round was on Sep 23, 2021. Its latest funding round was a Series D round on Mar 03, 2026 for $150M. 7 investors participated in its latest round. Grow Therapy has 16 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Grow Therapy:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 03, 2026 | $150M | Series D | $3B | - | ||
May 26, 2023 | $88M | Series C | - | - | ||
Sep 29, 2022 | $75M | Series B | - | - |
View details of Grow Therapy's funding rounds and investors
Grow Therapy's founders and board of directors
Founder? Claim ProfileGrow Therapy's Board of Directors
Grow Therapy's board has 8 active members. Gautam Gupta, Wayne Hu, Alan Ni, Sabrina Low, Manoj Kanagaraj, Deborah Adler, Mike Dixon and Jake Cooper are independent board members.Here is the list of Grow Therapy's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 2y 3m | |
Independent board member | - | Current | 4y 9m | |
Independent board member | - | Current | 2y 3m | |
Independent board member | - | Current | 2y 3m | |
Independent board member | - | Current | 4y 9m | |
Independent board member | - | Current | 2y 3m | |
Independent board member | - | Current | 2y 3m | |
Independent board member | - | Current | 4y 9m |
Grow Therapy's employee count trend
Grow Therapy has 3,208 employees as of Aug 26. Here is Grow Therapy's employee count trend over the years:
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Grow Therapy's Competitors and alternates
Top competitors of Grow Therapy include SonderMind, Lyra Health and Cerebral. Here is the list of Top 10 competitors of Grow Therapy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SonderMind 2014, Denver (United States), Series C | Mental health service provider offering virtual therapy services | $276M | 80/100 | |
2nd | Lyra Health 2015, Burlingame (United States), Series F | Provider of AI-powered mental health benefits for employers | $915M | 74/100 | |
3rd | Cerebral 2020, San Francisco (United States), Series C | Provider of online counseling services for mental health conditions | $462M | 74/100 | |
4th | Talkspace 2011, New York City (United States), Acquired | Online platform offering virtual consultation services for mental health conditions | $109M | 73/100 | |
5th | Headspace 2010, Santa Monica (United States), Series C | Provider of mental health support services via application and human care | $178M | 72/100 | |
6th | Meru Health 2016, San Francisco (United States), Series B | Provider of digital mental healthcare programs with licensed therapist solutions | $55.4M | 70/100 | |
7th | AbleTo 2008, New York City (United States), Acquired | Offers a digital platform to connect people with licensed therapists and coaches | $66.1M | 68/100 | |
8th | Headway 2012, New York City (United States), Series D | Provider of a mental health therapist consultation platform | $321M | 65/100 | |
9th | Talkiatry 2020, New York City (United States), Series D | Provider of virtual, insurance-covered psychiatry services. It offers online assessments, connects patients with psychiatrists, and develops treatment plans including medication and therapy. The practice specializes in various mental health conditions such as anxiety, depression, bipolar disorder, ADHD, OCD, and PTSD, also providing care for children and adolescents and during pregnancy and postpartum. Psychiatrists conduct thorough evaluations and diagnoses, creating personalized treatment plans. The service aims to improve access to mental healthcare through virtual visits and insurance coverage. | $400M | 64/100 | |
10th | Rula 2019, Los Angeles (United States), Series A | Online platform offering mental health therapy services | $5.3M | 64/100 | |
11th | Grow Therapy 2020, New York City (United States), Series D | Digital platform that connects clients with licensed therapists and insurance companies | $328M | 59/100 |
Looking for more details on Grow Therapy's competitors? Click here to see the top ones
Grow Therapy's Investments and acquisitions
Grow Therapy has made no investments or acquisitions yet.
Reports related to Grow Therapy
Here is the latest report on Grow Therapy's sector:
News related to Grow Therapy
Media has covered Grow Therapy for a total of 9 events in the last 1 year, 2 of them have been about company updates and 2 about partnerships.
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Grow Therapy Launches National Campaign Reframing Therapy as Practice for ProgressPR Newswire•Aug 24, 2026•Grow Therapy
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Grow Therapy Introduces AI Coach With Clinician OversightPR Newswire•Apr 24, 2026•Grow Therapy, Amazon
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Grow Therapy Appoints Seth Bressack Chief Financial Officerintelligence360•Apr 21, 2026•Grow Therapy
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Grow Therapy Raises $150M to Expand Employer, Health System PartnershipsMedCity News•Mar 04, 2026•Grow Therapy
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The AlleyWatch Startup Daily Funding Report: 3/3/2026AlleyWatch•Mar 03, 2026•Grow Therapy, TCV, Goldman Sachs
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Grow Therapy Acquires AI-Scribe Tool Tenor TherapyBehavioral Health Business•Feb 11, 2026•Grow Therapy,
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HiOctave Raises $15M in FundingFinSMEs•Oct 08, 2025•Anthropic, Celesta Capital, Menlo Ventures, Khosla Ventures and 9 others
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