Big Health raises $23.7M in new funding. February 12, 2026 Big Health, a San Francisco, CA-based developer of digital treatments for mental health conditions, raised $23.7M in new funding. The round was led by .406 Ventures and AlleyCorp, with participation from CVS Health Ventures, Blue Venture Fund, Sandbox Clinical Ventures, Gilde Healthcare, and Supermoon Capital. The company intends to sue the funds to accelerate access to its FDA-cleared, reimbursable solutions. Led by CEO Yael Berman, Big Health is a digital mental health treatments company that expand access to care, including behavioral medicine by making treatments available both directly to patients and through providers, and by improving adoption for providers, payers, and employers. Its FDA-cleared, reimbursable solutions include SleepioRx for insomnia disorder and DaylightRx for generalized anxiety disorder (GAD). To date, Big Health has supported more than 750,000 individuals, with clinical studies showing that up to 76% of SleepioRx patients achieve improvement in insomnia, and 71% of DaylightRx patients experience improvement in GAD. 12/02/2026

Anzen in California raises $16M to scale AI platform for insurance distribution. San Francisco, California-based Anzen announced a $16 million Series A funding round led by Madrona, with participation from Sandbox Industries, SNR, Andreessen Horowitz and other investors. The round brings Anzen's total reported capital raised to $26 million. With this funding, Anzen says it will expand its Artificial intelligence-powered workflows, strengthen its carrier and AMS integration ecosystem and grow its team. Anzen was founded in 2021, and it reports more than 5,000 retail agents nationwide and processing thousands of submissions each month across specialty, excess, and property/casualty lines.