C

Cerula Care

Virtual psycho-oncology behavioral health platform

Overview

1) What it does: Cerula Care provides virtual behavioral health services for cancer patients by partnering with oncology practices. It handles billing so practices gain a new revenue stream at no direct cost to them. 2) How it works: After an oncologist refers a patient, a virtual care team of psycho-oncologists, health coaches, and care managers assesses the patient, creates a personalized plan, and delivers counseling, coaching, symptom support, and medication management, with psychiatrists giving recommendations to oncologists. 3) How it stands out: It embeds behavioral health into oncology care, manages insurance reimbursement for partner practices, and uses a collaborative care model focused on psycho-oncology to reach the large unmet mental health need among cancer patients. 4) Goal: To improve cancer care outcomes by addressing mental health needs while helping oncology practices grow through a no-cost, revenue-generating collaboration.

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About Cerula Care

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

Industries

Enterprise SoftwareHealthcare

Company Size

11-50

Company Stage

Seed

Total Funding

$3.8M

Headquarters

Raleigh, NC

Founded

2023

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Simplify's take

What believers are saying

  • Virginia Oncology Associates has partnered since January 2024 and enrolled over 850 patients.
  • Cerula presented 2026 ASCO data across 1,400 referrals, including 43.5% BIPOC patients.
  • The company is hiring in 2026, signaling demand, cash runway, and service expansion.

What critics are saying

  • Cerula still depends on CoCM billing; reimbursement rule changes would crush unit economics.
  • One Virginia Oncology partnership and 850 enrolled patients leave Cerula exposed to customer concentration.
  • Competitors like Jasper Health, OncoHealth, and large oncology groups can replicate workflows quickly.

What makes Cerula Care unique

  • Cerula embeds psycho-oncology teams inside oncology workflows, not standalone therapy.
  • Cerula converts CoCM documentation into practice reimbursement, making behavioral health revenue-positive.
  • Kyle Lavin’s psycho-oncology credibility and published 2026 ASCO outcomes distinguish the product.

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Funding

Total Funding

$3.8M

Above

Industry Average

Funded Over

2 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
$2.3M
$3M
$3.7M

Benefits

  • Remote Work Options
  • Flexible Work Hours

Growth & Insights and Company News

6 month growth

-6%

1 year growth

-6%

2 year growth

0%
Morningstar
Feb 12th, 2025
Cerula Care Raises $3.7 Million Oversubscribed Seed Round to Transform Collaborative Behavioral Healthcare for Oncology Patients

Cerula Care raises $3.7 million oversubscribed Seed round to transform collaborative behavioral healthcare for oncology patients PR newswire WEST HARTFORD, Conn., Feb. 12, 2025.

Endpoints News
Feb 12th, 2025
Cerula Care raises $3.7M for mental health

Cerula Care has raised a $3.7 million seed round to support mental health services for cancer patients.

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