Grow Therapy, a mental health group that allows users to book a therapist remotely, announced the expansion of its services to 22 new states, including Iowa.
Previously available in only 13 states, the expansion will add 657 new therapists to the Grow Therapy marketplace. Of the new therapists, 309 will be dedicated toward the new states, according to a press release.
“We’re on a mission to bridge the gap between therapists and people seeking mental healthcare,” said CEO and Co-Founder Jake Cooper in a statement. “Unfortunately, that gap has only gotten wider since the onset of the pandemic as providers have struggled to keep pace with drastically increased demand. By removing barriers for both consumers and providers, we’re making strides to narrow the deficit.”
Since launching in 2020, Grow Therapy provides therapists with business tools and services, peer community and a pipeline of patient referrals. As a result, therapists can grow their own in-person and virtual private practices.
The group’s network, consisting of more than 4,000 therapists, works with major insurers including Aetna, Cigna, Florida Blue Cross Blue Shield, Humana, Kaiser and UnitedHealthcare to reduce costs with patients.
Grow Therapy’s website says that their therapists average 12 years of experience and cover 30 specialties. Therapists are vetted through a multi-step interview process.
In September, the platform raised $75 million in series B funding, according to Fierce Healthcare.
Grow Therapy is headquarted in New York and has 120 employees. It has experienced 11x year-over-year growth.
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