Overview

Cerebral provides online mental health services that focus on making mental health care accessible and affordable. Customers can subscribe to a monthly plan that includes matching with licensed therapists or prescribers, ongoing support, and the ability to schedule sessions through an app. Additionally, Cerebral offers a medication plan where prescriptions can be delivered directly to customers or picked up at a pharmacy. The company differentiates itself with a subscription model that includes various pricing tiers, allowing users to save with packages that offer multiple months of service. Cerebral's goal is to provide flexible and personal mental health care to individuals seeking support.

Simplify's Take

What believers are saying

• Cerebral raised $300M in Series C funding, boosting its growth potential.
• The mental health app market is projected to grow significantly, benefiting Cerebral.
• Increased demand for telemedicine due to COVID-19 expands Cerebral's user base.

What critics are saying

• Increased competition from companies like BetterHelp and Talkspace.
• Concerns over data privacy and security in telehealth services.
• Regulatory scrutiny over online medication prescriptions.

What makes Cerebral unique

• Cerebral offers a comprehensive subscription model combining therapy and medication.
• The company provides flexible, online mental health services accessible to a broad market.
• Cerebral employs licensed therapists and prescribers for personalized mental health care.

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Funding

Total Funding

$462M

Above

Industry Average

Funded Over

3 Rounds

$300,000,000

Series C

Dec 2021

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

Above Average

Industry standards

Ind Avg. $50M

$16M

$40M

$50M

$62M

$100M

$300M

View all funding stages