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§ Private Profile · Miami, FL, USA
Telemedicine provider offering virtual mental health and substance abuse treatment for Medicaid populations in 18 states.
Based in Miami, Florida, Brave Health is a virtual mental health and substance abuse treatment provider focused on serving Medicaid populations through remote appointments with licensed psychiatrists, nurses, and counselors. The company contracts directly with health plans to deliver tech-enabled care coordination and telemedicine services to underserved demographics across 18 states. Operating through 200 active health plan contracts, the platform provides access to care for over 65 million individuals and managed approximately 17,000 patient referrals during 2021. The organization achieved 163% year-over-year net revenue growth and secured a $10 million Series B funding round in November 2021 to further expand its behavioral health model. Brave Health is backed by prominent venture capital firms including Union Square Ventures, Town Hall Ventures, Samsung NEXT, and Gingerbread Capital. The company was founded in 2019 by Anna Lindow and Jake Schwartz.
Brave Health has raised $50.0M across 2 funding rounds.
Brave Health has raised $50.0M in total across 2 funding rounds.
Brave Health is a Miami-based virtual mental health provider that delivers telehealth services like therapy, psychiatric support, and medication management to improve access to affordable behavioral health care.[1][2][3][6] It primarily serves Medicaid and Medicare patients, as well as those with commercial insurance across more than 200 plans, focusing on underserved populations such as recently discharged hospital patients who face barriers like transportation or limited local resources.[2][3][6] The company solves critical gaps in mental health access by using tech-enabled outreach to boost engagement, reduce health plan costs, and achieve strong outcomes, such as faster Transitions of Care compliance and 93% accuracy in monthly eligibility checks for 17,000–20,000 patients.[2][3] With rapid expansion—seeing patients in 18 states and hiring in key markets like Florida, Texas, Illinois, Georgia, and New York—Brave Health demonstrates strong growth momentum as a remote-first team of clinicians and operators.[4][6][7]
Brave Health emerged as a startup focused on telehealth to address disparities in behavioral health, particularly for Medicaid and Medicare beneficiaries who often lack consistent care post-hospitalization.[3][4] While specific founders are not detailed in available sources, the company has built a diverse team of entrepreneurs, clinicians, and healthcare leaders, including early hires like Diana Villagomez Zavala, who transitioned from mental health technician and logistics roles into operations leadership over four years.[3] Key early traction came from operational innovations, such as streamlining eligibility processes from weeks to one day, enabling scalable patient intake and freeing resources for direct care.[3] This patient-first evolution has positioned Brave Health as a rapidly growing entity, now in-network with over 200 plans and expanding clinical teams nationwide.[2][4][6]
(Note: Distinct from the U.S. military's BRAVE program, which is a separate Defense Health Agency initiative for service members.[5])
Brave Health rides the telehealth boom in behavioral health, accelerated by post-pandemic demand and policy shifts favoring virtual care for mental health, especially among underserved Medicaid populations amid rising costs and provider shortages.[1][2][3][4] Timing aligns with expanded Medicare telehealth flexibilities and health plans' push for cost-saving engagement tools, where Brave's data-driven model generates outsized outcomes like faster patient reach and reduced readmissions.[2] Market forces—such as 18-state coverage, remote scalability, and insurance breadth—position it to influence the ecosystem by pressuring traditional providers to adopt tech, lowering stigma through home-based care, and enabling health plans to meet performance measures efficiently.[2][3][6]
Brave Health is poised for accelerated growth through further state expansions, clinician hiring, and tech enhancements to handle rising demand for virtual behavioral care.[4][7] Trends like AI-driven outreach, broader insurance adoption, and federal telehealth permanence will shape its path, potentially amplifying impact on Medicaid outcomes and cost savings. Its influence may evolve from niche provider to ecosystem leader, redefining accessible mental health and tying back to its core mission of affordable, high-quality care for all.[1][6]
Brave Health has raised $50.0M across 2 funding rounds. Most recently, it raised $40.0M Series C in October 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2022 | $40M Series C | Town Hall Ventures | Alumni Ventures, City Light Capital, General Catalyst, Rethink Impact, Union Square Ventures | Announced |
| Oct 1, 2021 | $10M Series B | City Light Capital, Able Partners, Union Square Ventures | Alumni Ventures, Town Hall Ventures | Announced |
Brave Health has raised $50.0M in total across 2 funding rounds.
Brave Health's investors include Town Hall Ventures, Alumni Ventures, City Light Capital, General Catalyst, Rethink Impact, Union Square Ventures, Able Partners.