Cerula Care

Cerula Care

Virtual psycho-oncology behavioral health platform

Overview

Cerula Care provides virtual behavioral health services tailored for cancer patients by partnering with oncology practices and processing the billing to create a new, no-cost revenue stream for the practice. A virtual-first care team, including psycho-oncologists, health coaches, and care managers, is assigned after an oncologist referral to assess patients, create personalized care plans, and deliver counseling, symptom management, and medication guidance, with psychiatrists giving recommendations to oncologists. It differentiates itself by embedding behavioral health into oncology teams and handling reimbursement, enabling collaborative psycho-oncology care for a large unmet patient population. The company aims to improve cancer care outcomes while helping partner practices grow through accessible mental health support and expanded revenue.

About Cerula Care

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

Industries

Enterprise Software

Healthcare

Company Size

11-50

Company Stage

Seed

Total Funding

$3.8M

Headquarters

Raleigh, North Carolina

Founded

2023

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Simplify's Take

What believers are saying

  • February 2025 seed funding from Esplanade Ventures extended runway for expansion.
  • BrightEdge and American Cancer Society backing validates oncology demand and credibility.
  • 2026 publication and ASCO presentation support measurable outcome improvement and referral pull.

What critics are saying

  • Cerula's reimbursement engine depends on oncology practices correctly capturing CoCM billing.
  • Only three practices launched in 2024, exposing weak distribution if expansion stalls.
  • Competitors like integrated cancer centers can internalize behavioral health and bypass Cerula.

What makes Cerula Care unique

  • Cerula embeds psycho-oncology into oncology workflows and bills through CoCM codes.
  • CEO Supriya Laknidhi and Dr. Kyle Lavin combine payer, psychiatry, and palliative expertise.
  • VOA partnership since January 2024 shows 850-plus enrolled patients by January 2026.

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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
Netflix
$2.3M
Instacart
$3M
Robinhood
$3.7M
Cerula Care

Benefits

Remote Work Options

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

-17%

1 year growth

-6%

2 year growth

-12%
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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