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Concert Health Closes $14 Million Funding Round

February 01, 2021

San Diego-based behavioral health medical group Concert Health on Thursday announced the closing of a Series A funding round of $14 million co-led by Vertical Venture Partners and Town Hall Ventures, with participation from Silicon Valley Bank and other early investors.

Concert plans to use the funds raised to grow its clinical, technology and commercial teams and scale its behavioral health services in primary care and women’s health settings.

Concert behavioral care managers and psychiatrists provide access to behavioral health services and support primary care providers in diagnosing and treating mental health conditions through Concert’s Collaborative Care Management model. The company supports more than 800 physicians in seven states, with services available through 44 partner medical groups and health systems.

“The chasm between our physical and behavioral health systems leaves too many patients untreated, and leaves too many primary care physicians isolated,” Concert Health CEO Spencer Hutchins said in a news release. “Concert Health’s mission is to re-architect America’s behavioral health system so that every patient has access to exceptional behavioral health services as part of their trusted primary care.”

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