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Cartwheel Care

Virtual mental health services for students.

Overview

Cartwheel Care partners with K-12 schools to provide rapid, virtual mental healthcare for students through licensed clinicians who deliver therapy, psychiatric evaluations, medication management, and parent guidance. It integrates with school systems to create a direct referral pathway and bills services as in-network with health plans, easing access for families. The model combines school-based collaboration, telehealth, and both therapy and psychiatry in a single care approach, distinguishing it from stand-alone clinics and generic teletherapy platforms. Its goal is to expand timely, comprehensive mental healthcare for students by embedding services in districts and scaling through partnerships, supported by Series A funding.

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About Cartwheel Care

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

Industries

Enterprise SoftwareSocial ImpactEducationHealthcare

Company Size

201-500

Company Stage

Series B

Total Funding

$55.2M

Headquarters

Cambridge, MA

Founded

2022

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What believers are saying

  • August 26, 2026 Illinois grant expands Cartwheel toward 100,000 students across 40 districts.
  • September 22, 2026 Anthem backs Indiana expansion to 12,500 students across five districts.
  • September 2026 Screens & Social Media program captures demand after Meta's youth-safety settlement scrutiny.

What critics are saying

  • Cartwheel depends on grants and insurance reimbursement; Illinois funding runs through 2028.
  • New Hampshire districts face $60,000 annual continuation costs once the pilot ends in 2028.
  • If insurers tighten behavioral-health reimbursement, Cartwheel loses economics and districts lose access.

What makes Cartwheel Care unique

  • Cartwheel embeds clinicians inside school referral workflows, bypassing separate outpatient scheduling.
  • Cartwheel offers 8am-8pm telehealth plus caregiver support, fitting working families' schedules.
  • Cartwheel combines therapy, psychiatry, parent guidance, and school coordination in one platform.

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Funding

Total Funding

$55.2M

Above

Industry Average

Funded Over

2 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Meet Average

Industry standards

$35M
$35.2M
$45M
$65M
$100M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Paid Vacation
  • Paid Sick Leave
  • Paid Holidays
  • 401(k) Company Match
  • Equity Ownership Stake
  • Flexible Work Hours
  • Educational Stipend

Growth & Insights and Company News

6 month growth

0%

1 year growth

1%

2 year growth

2%
PR Newswire
Sep 8th, 2026
Cartwheel launches specialized mental health program for students struggling with digital stress

Cartwheel, the largest school-centred telehealth provider in the US, has launched its Screens & Social Media Programme to help students manage digital stress. The programme, developed since spring, addresses how technology affects sleep, mental health, relationships and school engagement across nearly 400 districts in 16 states. The initiative offers targeted screening, individual and family therapy, psychiatric evaluation and caregiver support groups. All services require parental consent. Students receive care from licensed therapists who help build healthier digital habits rather than simply limiting screen time. The launch follows growing national attention on youth mental health and online safety, including a multistate settlement with Meta worth up to $17.1 billion. Cartwheel's existing care model shows 58% of students with anxiety achieve full remission, whilst school absences fall 62%.

Sandy Journal
Feb 3rd, 2026
Cartwheel becomes America's largest K-12 mental health provider with 300% growth and Series B funding

Cartwheel, a K-12 mental health telehealth platform, has become America's largest school mental health provider following nearly 300% year-over-year growth. The company now serves 350 school districts across 15 states and has secured partnerships with state departments in Arizona, Georgia and Virginia. Founded in 2022, Cartwheel provides evidence-based mental healthcare including therapy and psychiatric services through schools, operating year-round with extended hours. The platform achieves a 70% referral-to-care conversion rate, more than double the industry average, by enabling school counsellors to refer students with no waitlists. The company has raised a Series B round led by A-Street, with participation from Citi Impact Fund, Britebound, American Heart Association, and existing investors including Menlo Ventures and General Catalyst. Services are covered by family insurance at no additional cost.

PR Newswire
Feb 3rd, 2026
Cartwheel Becomes Nation's Largest School Telehealth Provider Following Exceptional Growth and Major New Investment

/PRNewswire/ -- Cartwheel, the trusted mental health platform for K-12 schools, students, families, and staff, today announced exceptional growth that has...

Behavioral Health Business
Aug 19th, 2025
Cartwheel Care Raises $35M Funding

Cartwheel Care, a youth-focused telehealth startup, raised $35 million of a $44 million funding round. Founded in 2022, the company previously secured a $20 million Series A in 2023 led by Menlo Ventures, with investors like Reach Capital and General Catalyst. Based in Cambridge, MA, Cartwheel Care offers virtual therapy and psychiatry services for students. The recent funding involved 11 investors and began on Aug. 1, focusing on equity sales.

PR Newswire
Jan 27th, 2025
Horne Announces Fully-Funded Mental Telehealth Program Available In Rural Arizona Counties

Partnership between ADE and mental health provider Cartwheel improves school safetyPHOENIX, Jan. 27, 2025 /PRNewswire/ -- State Superintendent of Public Instruction Tom Horne has announced a new partnership with mental health care provider Cartwheel, to bring students and families in Arizona's rural counties rapid access to mental health support using telehealth

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