Cartwheel Care

Cartwheel Care

Virtual mental health services for students.

Overview

Cartwheel Care partners with K-12 schools to provide rapid, virtual mental health care for students. A team of licensed clinicians delivers individual therapy, psychiatric evaluations, medication management, and parent guidance through school-based telehealth, aiming to shorten wait times. Services are accessed as in-network with health insurance plans via partner districts, creating a direct referral and collaborative care pathway. The goal is to expand access to timely, comprehensive student mental health by embedding services in schools and scaling through district partnerships.

Significant Headcount Growth

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 Software

Social Impact

Education

Healthcare

Company Size

201-500

Company Stage

Series A

Total Funding

$20M

Headquarters

Cambridge, Massachusetts

Founded

2022

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Simplify's Take

What believers are saying

  • An August 26, 2026 Illinois grant expands Cartwheel to 100,000 students.
  • Cartwheel reports 58% anxiety remission and 62% fewer absences.
  • State partnerships in Arizona, Georgia, and Virginia accelerate district adoption.

What critics are saying

  • Hazel Health dominates school telehealth, squeezing Cartwheel on district procurement.
  • Parent-consent requirements slow conversions whenever counselors need immediate student placement.
  • A Medicaid reimbursement shock or district budget freeze breaks Cartwheel's model.

What makes Cartwheel Care unique

  • Cartwheel integrates school referrals, family consent, and insurance billing into one workflow.
  • By September 2026, it served 350 districts across 15 states.
  • Its clinicians added Screens & Social Media on September 8, 2026.

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Funding

Total Funding

$20M

Above

Industry Average

Funded Over

1 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$20M
Cartwheel Care
$30M
Kalshi

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

Headcount

6 month growth

↑ 4%

1 year growth

↑ 5%

2 year growth

↑ 6%
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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