UT-based Tava Health Secures $20Million in Series B Round Funding. Leading the round was Catalyst Investors. In addition, new investment Blue Heron Capital joined the ranks of previous investors Peterson Partners, Toba Capital, and SpringTide.
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As part of the transaction, Catalyst Investors partner Kapil Desai will become a member of the company’s board of directors. The money will be used by the business to build its network and develop new products.
Dallen Allred, CEO of Tava Health said, “We developed Tava with therapists at the center, recognizing that their needs are rarely prioritized. By equipping therapists with tools to make them more productive, they can increase time with patients providing mental health care that is so desperately needed, In a mental health landscape where timely access to care is crucial, Tava Health is a beacon of efficiency and accessibility.”
Under the direction of CEO Dallen Allred, Tava Health offers a platform for mental health that makes high-quality care accessible and prioritizes therapists. It also offers an integrated suite that includes telehealth, billing, electronic medical records, and referral management.
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The company has increased its local connections by forging ties with 45 regional medical carriers in the past year, in addition to signing deals with national carriers like Aetna and UHC, which will increase patient access to continuous care.
About Tava Health
Founded in 2019, Tava Health is a cutting-edge mental health platform revolutionizing access to quality care. Bridging the gap between providers and those seeking support, Tava Health prioritizes therapists, offering an integrated suite with an electronic medical record, telehealth, billing, and referral management.
