# Grow Therapy

> Grow Therapy is a behavioral health company that makes therapy and psychiatry easier to start, covered by insurance, and sustainable for the clinicians who deliver it. It runs a national marketplace and full-stack practice platform that handles credentialing, insurance billing, scheduling, and EHR tooling so independent therapists can build in-network private practices, and so patients can find a provider who takes their insurance for an average copay of about $21. Founded in 2020, the company reached roughly $1 billion in revenue and a $3 billion valuation in 2026.

- **Founded:** 2020
- **Headquarters:** New York, United States
- **Founders:** Jake Cooper (Co-Founder & CEO), Manoj Kanagaraj (Co-Founder & CTO), Alan Ni (Co-Founder)
- **Team size:** ~3,000 employees
- **Products:** Therapist Marketplace, Practice Platform for Providers, AI Clinical Notetaking, Measurement-Informed Care, Grow Therapy App
- **Notable:** Reached ~$1 billion in revenue and a $3 billion valuation in 2026, Facilitated 7 million therapy and psychiatry visits in 2025 (10 million lifetime), Served over 2 million people since 2020

## Products & services

- **Therapist Marketplace** — A patient-facing directory that matches people with in-network therapists and psychiatrists by insurance, specialty, availability, and cultural fit, with average copays around $21 and 1 in 3 clients paying $0.
- **Practice Platform for Providers** — Full-stack back-office software that handles credentialing, insurance billing, claims, scheduling, EHR, and client management so independent clinicians can run in-network private practices.
- **AI Clinical Notetaking** — AI-assisted documentation tools that reduce clinician note-taking time by roughly 70%, returning time to care.
- **Measurement-Informed Care** — Clinically validated outcome-measurement systems that track symptom change so care quality is visible, not assumed.
- **Grow Therapy App** — A 4.9-star client app supporting continuous care between sessions and ongoing engagement with providers.
- **Employer & Health Plan Solutions** — Enterprise platform and 125+ health plan partnerships (including Medicaid and Medicare) that extend covered mental health access to employers and payers.

## Achievements

- Reached ~$1 billion in revenue and a $3 billion valuation in 2026
- Facilitated 7 million therapy and psychiatry visits in 2025 (10 million lifetime)
- Served over 2 million people since 2020
- Net Promoter Score of 85
- 80% of clients show measurable symptom improvement within 30 days
- Grew health plan partnerships from 75 to 125+, covering ~220 million lives
- New York State expansion announced by Governor Hochul, creating nearly 200 jobs

## Latest updates

- **2026-03** — Raised $150M Series D led by TCV and Growth Equity at Goldman Sachs Alternatives at a $3B valuation; announced flagship partnerships with Guidewell and Lucet.
- **2026-03** — Employer platform launch and continued expansion of measurement-informed care and AI clinical notetaking.
- **2024-04** — Raised $88M Series C led by Sequoia Capital; launched measurement-informed care.

## Links

- Website: https://growtherapy.com
- LinkedIn: http://www.linkedin.com/company/grow-therapy
- Twitter/X: https://twitter.com/GrowTherapy_
- Instagram: https://www.instagram.com/growtherapy/
- Facebook: https://facebook.com/joingrowtherapy/

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Profile page: https://yespress.io/grow-therapy
Published by YesPress — https://yespress.io
Last updated: 2026-06-02