NOCD, a Chicago, IL-based provider of obsessive compulsive-disorder treatment for children and adults, raised $34M in funding.
The round was co-led by Cigna Ventures and 7wireVentures, with participation from Longitude Capital, Kaiser Permanente Ventures, F-Prime Capital, Eight Roads Capital, and Health Enterprise Partners.
The company intends to use the funds to accelerate the expansion of its OCD-specialty therapist network and community-driven therapy model.
Led by CEO Stephen Smith, NOCD is a provider of a treatment for obsessive-compulsive disorder (OCD) and Community-Driven Therapy, a new frontier in behavioral healthcare that leverages condition-specific peer communities to identify consumers in need of help, encourage them to begin treatment, and serve them in a highly personalized way. Inside the platform, members can access a national network of licensed therapists who specialize in Exposure and Response Prevention therapy.
Since the business was launched in 2018, NOCD has expanded to provide care in all 50 states and internationally
FinSMEs
01/02/2023