Key Highlights
- $72 million Series C funding led by Amplo, with participation from Fifth Down Capital.
- Funds aimed to make mental health care more accessible and effective.
- Two Chairs has grown 8x in the past 36 months, now boasting over 500 clinicians.
Source: Direct
Notable Quotes
- “Two Chairs epitomizes quality in behavioral health, taking an extraordinarily thoughtful approach, and you can see it in their outcomes data,” – Sheel Tyle, Founder & CEO at Amplo
- “At our core, we are committed to ensuring everyone has access to exceptional mental healthcare. This additional funding will enable us to deepen our investments in technology, and accelerate our growth…” – Alex Katz, CEO & Founder at Two Chairs
SoHC's Take
This latest funding round for Two Chairs not only underscores the growing investor confidence in digital health innovations but also highlights a significant shift towards prioritizing mental health care accessibility. The expansion strategy of Two Chairs, focusing on both technology and geographical reach, could set a new standard in the mental health sector, emphasizing the importance of matching patients accurately with therapists. Their commitment to quality and effective care through innovative approaches like their proprietary matching algorithm and measurement-based care might indeed redefine patient outcomes in the behavioral health space.
