Tava Health Raises $40M in Series C Funding Led by Centana Growth Partners

The round also saw participation from investors Catalyst Investors, Blue Heron Ventures, Peterson Ventures, and Springtide Ventures. The company plans to use the funds to grow its operations and support development activities.

The funding comes as Tava Health launches three new improvements to its technology-based mental health platform: an AI-powered clinic operating system, a no-cost employer benefit, and a care navigation suite. Tava Health already has in-network access for about 9 out of 10 commercially insured Americans through partnerships with more than 200 health plans across all 50 states, and it can offer first therapy sessions in as little as 12 hours.

For clinicians and group practices, the company is launching Symphony by Tava Health, a free AI-powered practice management platform made for behavioral health. It includes an AI clinical scribe, AI-assisted treatment planning, scheduling, and telehealth, and is designed to ensure protected payments from more than 200 health plans within two weeks.

Mental health clinicians often spend a lot of time on paperwork, billing, coordination, and credentialing rather than on patient care. By reducing this workload, Tava Health helps increase the time providers can spend treating patients across its network and nationwide.

Tava Guide completes the platform by giving health plans, health systems, and care coordinators one place to find and send referrals and track patient progress through treatment, helping connect referrals to actual care outcomes.

Strong clinical results support Tava Health’s growth. About 87% of its clients show measurable improvement and its nationwide model shows that scaling up services and maintaining quality can go hand in hand.

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"Tava Health is setting the new standard for mental healthcare infrastructure, delivery and support," said Sarah Kim, Partner at Centana Growth Partners. "While healthtech continues to benefit from technology and AI, Tava Health’s ability to solve administrative friction for providers while simultaneously removing the cost barrier for employers positions them as one of the most compelling mental health platforms in the market today."

"We raised this capital to invest deeply in our partners: the clinicians delivering care and the clinics managing the complexity behind it; the employers making care accessible and affordable for their employees; and the health plans moving beyond access toward real outcomes," said Dallen Allred, Co Founder and CEO of Tava Health. "When all three are better supported, the person sitting across from a clinician gets better care."

About Tava Health

Founded in 2019 by Dallen Allred, Jason Ockey, Spencer Gardner, and Cami Allred, Tava Health is focused on improving well-being and building a healthier world. It uses modern technology and personalized care to make mental health support easier to access and scalable for organizations of all sizes. Its mission is to remove barriers to care, so more people can get the support they need to thrive.

About Centana

Founded in 2015 Centana Growth Partners is a growth equity firm focused on financial services. It works with companies across the finance industry, from traditional institutions to fintech startups, to create long-term value. Centana supports entrepreneurs with capital, industry connections, and expertise to help their businesses grow.

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