B

Brave Health

Virtual-first behavioral health provider for Medicaid

Overview

Brave Health is a virtual-first behavioral health provider focused on serving Medicaid populations in the United States. Its platform delivers telehealth mental health services—including individual therapy, psychiatry and medication management, family and group therapy, and specialty programs like DBT, PMAD, and EMDR—while coordinating care through partnerships with health plans; it also aims for rapid access with same-day or early-week appointments and employs its own clinicians to maintain quality. The company generates revenue by billing in-network with over 200 health plans and is shifting toward value-based care contracts where payment is based on patient outcomes. Brave Health differentiates itself through its direct-employment model for clinicians, a Medicaid-centered network, rapid access to care, and strong care coordination with health plans to improve access and outcomes for underserved populations.

Work here?Claim your company

About Brave Health

Simplify's Rating
Why Brave Health is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise SoftwareHealthcare

Company Size

201-500

Company Stage

Series C

Total Funding

$96.6M

Headquarters

Miami, FL

Founded

2017

Get referred to Brave Health

See people who can refer or advise you

Simplify Jobs

Simplify's take

What believers are saying

  • Sarah Tilton became CEO in July 2026, preserving continuity after an internal promotion.
  • The May 2025 Ophelia partnership widens coordinated addiction and mental health referrals.
  • Brave’s 2025 clinical report cites outcomes from 55,000 patients, strengthening payer sales.

What critics are saying

  • Medicaid reimbursement cuts and network rebids can squeeze Brave’s margins by 2027.
  • A value-based failure with Molina Texas would damage payer trust and slow expansion.
  • Virtual behavioral health remains crowded; Teladoc, Headspace, and SonderMind pressure pricing and talent.

What makes Brave Health unique

  • Brave Health’s Medicaid-first virtual model spans therapy, psychiatry, and clinician-led groups.
  • More than 200 health plans route government-sponsored members into Brave’s network.
  • Brave employs clinicians directly, tightening quality control versus contractor-heavy telehealth rivals.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$96.6M

Below

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
$50M
$62M
$100M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Paid Vacation
  • Paid Holidays
  • Paid Sick Leave
  • Professional Development Budget

Growth & Insights and Company News

6 month growth

0%

1 year growth

0%

2 year growth

0%
Defining Wellness
Mar 9th, 2026
Defining Wellness Centers Names Bill Morrison Chief Financial Officer

Defining Wellness Centers names Bill Morrison Chief Financial Officer. Its Facility Admissions question? If you find yourself among the millions of people who battle with addiction and want to stop, chances are you have questions as to where to start. Defining Wellness Centers, Inc. is here to help. Experienced healthcare executive joins leadership team to support continued growth backed by Fulcrum Equity Partners. Jackson, MS, March 9, 2026 - Defining Wellness Centers (www.definingwellness.com) today announced that veteran healthcare executive Bill Morrison has joined the organization as Chief Financial Officer. Morrison brings more than 25 years of experience helping scale healthcare and behavioral health companies and will oversee the company's financial strategy during a period of continued growth backed by Atlanta-based growth equity firm Fulcrum Equity Partners. Morrison joins Defining Wellness at a time of continued expansion for the organization as it strengthens its leadership team and operational infrastructure to support long-term growth and evaluate additional opportunities to expand access to high-quality behavioral healthcare. "Bill has spent his career helping healthcare organizations grow with discipline and clarity," said Drew Rothermel, CEO of Defining Wellness Centers. "We're entering an important phase of growth, and his experience building financial infrastructure and supporting strategic expansion will be incredibly valuable. Just as importantly, Bill understands the responsibility that comes with building healthcare organizations that serve patients and families. We're excited to welcome him to the team." Most recently, Morrison served as Chief Financial Officer at Brave Health, a venture-backed virtual behavioral health provider focused on serving Medicaid populations. During his tenure, he helped grow annual recurring revenue from approximately $17 million to $40 million, reduced cash burn by 50 percent, and led the company's successful $20 million Series C equity and debt financing. Earlier in his career, Morrison served as Senior Vice President of Strategy and Corporate Development at Accolade (NASDAQ: ACCD), where he led strategic initiatives and sourced and executed more than $1 billion in mergers and acquisitions. Morrison also continues to serve as a board advisor for Sero Mental Health and Constellation Behavioral Health, where he was previously Founder and CEO. "I'm excited to join Defining Wellness at such an important stage in the company's growth," Morrison said. "The organization has built a strong reputation for delivering high-quality behavioral healthcare while maintaining a deeply patient-centered approach. I look forward to working with Drew and the leadership team to help support the company's continued expansion and long-term impact." Morrison earned his MBA in Finance and Marketing from the Kellogg School of Management at Northwestern University and a Bachelor of Arts from Colgate University, graduating cum laude. He is based in Ketchum, Idaho. About Defining Wellness Centers. Defining Wellness Centers is a behavioral health provider dedicated to helping individuals and families overcome substance use and co-occurring mental health disorders. Through evidence-based treatment, experienced clinical leadership, and a patient-centered philosophy, Defining Wellness delivers comprehensive care designed to support lasting recovery. The organization continues to expand its services and reach while maintaining a strong commitment to clinical excellence and long-term outcomes. Defining Wellness Centers is backed by growth equity firm Fulcrum Equity Partners. Begin your recovery today. If you are ready to take the step towards a new life, call Defining Wellness today and learn more about how Defining Wellness Centers, Inc. can help you.

Ophelia
May 19th, 2025
Better Together: How Mental Health Support Can Make Recovery Stronger

Brave Health is proud to partner with Ophelia to support your full recovery journey.

PR Newswire
Mar 20th, 2023
Neuroflow Expands Clinical Referral Network, Partnering With Specialty Providers

PHILADELPHIA (PRWEB). March 20, 2023. NeuroFlow, the market leader in behavioral healthcare technology infrastructure, has added three new partners to its Clinical Referral Network in order to help more individuals get access to behavioral health. Joining the referral network will be: Bicycle Health (Boston, MA) – The leading telehealth provider of integrated medical and behavioral health care for opioid use disorder (OUD) in the United States offers confidential physician visits, lab testing, individual and group therapy, and prescriptions for Suboxone™

MobiHealthNews
Dec 16th, 2022
Headspace Health lays off 4% of staff and more digital health briefs | MobiHealthNews

Click Therapeutics received FDA Breakthrough Device Designation for a prescription digital therapeutic for episodic migraine, and Superior HealthPlan announced a home care partnership with MedArrive and Brave Health.

PR Newswire
Dec 15th, 2022
Superior Healthplan, Medarrive & Brave Health Partner On New Home Health Program

AUSTIN, Texas, Dec. 15, 2022 /PRNewswire/ -- Texas-based Superior HealthPlan today announced an innovative home health partnership with MedArrive , a company that offers mobile-integrated care management services. The collaboration will improve the health and quality of life for Superior members who have complex health needs by closing crucial care gaps, addressing non-medical drivers of health, and helping at-risk members navigate the healthcare system. Through the partnership, members will also have better access to virtual behavioral health services through Brave Health."We're proud to partner with MedArrive and Brave Health on this initiative, which will expand our abilities to provide quality healthcare to many of our members," said Dr. David Harmon, Chief Medical Director at Superior HealthPlan. "This new collaboration paves the way for hands-on, personalized and integrated services provided by MedArrive and Brave Health, and we believe our members will greatly benefit from this new relationship."The MedArrive care management platform is a white-labeled program that connects pre-identified Superior members with MedArrive's field provider network of highly trained and skilled paramedics, EMTs and other healthcare professionals

Recently Posted Jobs

Sign up to get curated job recommendations

Brave Health is Hiring for 65 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs