Grow Therapy, founded in 2020, operates a mental health platform that connects independent therapists with patients through insurance networks across all 50 US states and Washington, DC. The company's three-sided marketplace links providers, insurance payors, and patients, offering credentialing, administrative support, and patient matching services. With a network of over 19,000 providers, the platform aims to make therapy accessible and affordable, with most sessions averaging $21 with insurance coverage.
The platform supports therapists in launching and growing in-network private practices by handling credentialing and administrative tasks. It also integrates therapy and medication management services for patients. Grow Therapy has raised more than $178 million in funding.
The company is investing in AI-based research and development as part of its technical strategy. Its operations are concentrated in the mental healthcare vertical, with a focus on expanding access through insurance partnerships.
