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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.
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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Total Funding
$63.4M
Meets
Industry Average
Funded Over
4 Rounds
Industry standards
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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.
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
EvolvedMD, which offers primary care providers tech-enabled behavioral healthcare coordination services, raises $34 million in a Series B funding round.
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.
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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Industries
Enterprise Software
Healthcare
Company Size
51-200
Company Stage
Series B
Total Funding
$63.4M
Headquarters
Scottsdale, Arizona
Founded
2016
Find jobs on Simplify and start your career today