evolvedMD

evolvedMD

Integrates behavioral health into primary care.

Overview

evolvedMD integrates behavioral health into primary care by embedding behavioral health clinicians within primary care teams, offering on-site and virtual support to patients. It partners with practices to deliver collaborative care for conditions like depression, anxiety, and substance use disorders, with a staffed behavioral health team and care coordination built into the clinic’s workflow. Unlike models that require independent behavioral health programs, evolvedMD provides the personnel, training, and infrastructure to implement integrated care directly in primary care settings, helping practices deliver care more efficiently. Its goal is to make mental health part of routine health care and to improve patient outcomes by treating mental and physical health together.

About evolvedMD

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

Industries

Enterprise Software

Healthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$63.4M

Headquarters

Scottsdale, Arizona

Founded

2016

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Simplify's Take

What believers are saying

  • Goldman Sachs Alternatives led a $34 million Series B in July 2025.
  • June 2026 HealthyU expansion brought evolvedMD into Massachusetts with four clinics.
  • The company reported over 22 partners, six states, and 200 clinics by June 2026.

What critics are saying

  • Insurance reimbursement is the whole business; any payer cut destroys unit economics quickly.
  • Partner concentration is real: a few health systems, like HonorHealth and Evernorth, anchor expansion.
  • If outcomes slip or clinician hiring stalls, primary care partners can replace evolvedMD providers.

What makes evolvedMD unique

  • 2026 HonorHealth case study showed 100% CoCM adoption across 32 clinics.
  • evolvedMD embeds licensed therapists and psychiatrists inside primary care, not separate referral networks.
  • Its model ties behavioral health directly to PCP workflows, billing, and same-day access.

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Funding

Total Funding

$63.4M

Meets

Industry Average

Funded Over

4 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
$34M
evolvedMD
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Paid Vacation

Parental Leave

401(k) Company Match

Wellness Program

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

3%

2 year growth

3%
Associated Press
Jun 12th, 2026
evolvedMD and HealthyU bring integrated behavioural health services to Massachusetts

evolvedMD, a behavioural health startup, is expanding its integrated care services to Massachusetts through a partnership with HealthyU. The companies will bring collaborative care to four primary care clinics in Worchester, Sterling, Auburn and Shrewsbury this summer. The partnership, which began in Arizona in 2022, embeds behavioural health specialists directly within primary care settings. The model aims to reduce stigma and improve access to mental health treatment, addressing the gap where less than half of patients with severe depression receive adequate care. EvolvedMD, launched in 2017, now operates across six states with over 22 healthcare partners in more than 200 primary care clinics. The company served over 42,000 patients in the past 12 months and continues to expand its reach in addressing mental health needs.

Intelligence360 News
Sep 10th, 2025
EvolvedMD has filed a notice of an exempt offering of securities to raise $34,121,426.00 in New Funding.

EvolvedMD has filed a notice of an exempt offering of securities to raise $34,121,426.00 in New Funding. EvolvedMD has filed a notice of an exempt offering of securities to raise $34,121,426.00 in New Funding.According to filings with the U.S. Securities and Exchange Commission, EvolvedMD is raising up to $34,121,426.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest

HIStalk Practice
Jul 16th, 2025
Home " News " Currently Reading:

EvolvedMD, which offers primary care providers tech-enabled behavioral healthcare coordination services, raises $34 million in a Series B funding round.

EvolvedMD
Jul 14th, 2025
Goldman Sachs Alternatives Leads evolvedMD’s $34mm Series B Investment | evolvedMD

evolvedMD, a Collaborative Care Management (CoCM) provider, today announced the close of its $34M Series B investment led by Sustainable Investing at Goldman Sachs Alternatives. Existing investors Conductive Ventures, FCA Venture Partners, Healthworx Ventures, Tectonic Ventures, and Waterline Ventures also participated in the round.

Behavioral Health Business
Jul 14th, 2025
evolvedMD raises $34M for care model expansion

evolvedMD, based in Scottsdale, Arizona, raised $34 million in a Series B round led by Sustainable Investing at Goldman Sachs Alternatives, with participation from existing investors. The funding will expand its collaborative care model, which integrates behavioral health into primary care. The company operates in over 200 locations across several states and has seen significant growth, with a 255% revenue increase from 2021 to 2023.

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