Psych Hub
Psych Hub is a technology company.
Financial History
Psych Hub has raised $16.0M across 1 funding round.
Frequently Asked Questions
How much funding has Psych Hub raised?
Psych Hub has raised $16.0M in total across 1 funding round.
Psych Hub is a technology company.
Psych Hub has raised $16.0M across 1 funding round.
Psych Hub has raised $16.0M in total across 1 funding round.
Psych Hub has raised $16.0M in total across 1 funding round.
Psych Hub's investors include HC9 Ventures.
Psych Hub is a Nashville-based mental health technology company providing an end-to-end platform for the behavioral health ecosystem. It builds consumer-friendly educational resources, practitioner training courses, therapist matching via Psych Hub Connect, and a behavioral health navigation tool featuring a Well-Being Assessment that generates personalized care recommendations, including in-network providers, self-help apps, and video guides.[1][2][3][4] The platform serves individuals seeking mental health support for issues like anxiety, depression, addiction, and wellness; mental health practitioners needing upskilling (with 7X higher course completion rates than industry averages and over 1,000 resources); and organizations like employers, healthcare systems, governments, and nonprofits (deployed to 800+ partners including Google, Cigna, MLB, and the U.S. Navy).[1][2][3] Psych Hub solves navigation barriers in mental health care by offering evidence-based, trauma-informed content developed with experts from Harvard, Yale, and a Scientific Advisory Board of top medical officers, destigmatizing access while improving outcomes and reducing costs.[1][2] Growth includes a $16M Series A in 2022, 30M+ content views, recognition as a Top 50 Healthcare IT Startup, and recent expansions like therapist matching and navigation platforms.[1][2][3]
Psych Hub was founded in 2019 by therapist and pundit Marjorie Morrison and former U.S. Congressman Patrick Kennedy, who brought expertise in mental health advocacy and policy to address gaps in evidence-based care delivery.[2] The idea emerged from recognizing the "black box" in mental health—where consumers struggle to find culturally relevant, in-network providers trained in proven interventions for conditions like depression, anxiety, and substance use—while practitioners face burnout and systems see high costs.[2] Early traction came from building 1,500+ proprietary educational assets, rapid partner adoption (over 800 including Optum and Magellan Health), and its first funding round: a $16M Series A in 2022 co-led by HC9 and Frist Cressey Ventures, fueling expansions like therapist matching.[2] Leadership evolved with Scott Healy appointed CEO, previously instrumental in scaling similar ventures, alongside a focus on rigorous content review by educators and clinicians.[3][4]
Psych Hub rides the explosive growth in digital behavioral health amid rising mental health prevalence, post-pandemic demand, and reduced stigma, where consumers need intuitive navigation tools amid fragmented care options.[3] Timing is ideal: as payer-backed evidence-based care gains traction for cost savings and better outcomes, Psych Hub's platform bridges education, matching, and upskilling—addressing practitioner shortages and burnout while enabling employers/health systems to scale support.[1][2] Market forces like insurer mandates for mental health parity, corporate wellness investments, and AI-driven personalization favor its model, positioning it as a "one-stop" ally in a $100B+ U.S. behavioral health market.[2][3] It influences the ecosystem by empowering non-specialists (e.g., pharmacists, coaches) with training, fostering broader adoption of proven interventions, and partnering with giants like Optum to standardize quality care.[2][4]
Psych Hub is poised to dominate as the go-to navigation hub in behavioral health, expanding therapist matching, assessments, and enterprise tools amid surging demand. Trends like AI-enhanced personalization, payer integration, and workplace mental health mandates will accelerate growth, potentially doubling partnerships and views. Its influence may evolve toward full-spectrum care orchestration, influencing policy and outcomes as founders' advocacy meets scalable tech—cementing its role from educator to essential ecosystem navigator, much like its origins aimed to illuminate the mental health "black box."[2][3]
Psych Hub has raised $16.0M across 1 funding round. Most recently, it raised $16.0M Series A in August 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2022 | $16.0M Series A | HC9 Ventures |