# Headway

> Headway is a New York-based healthtech company building a software-enabled network that makes it easier to find a therapist and to pay for one with insurance. Its three-sided marketplace connects patients, mental health clinicians, and insurance plans: patients search for in-network providers with transparent copays, clinicians offload credentialing, billing, scheduling, and claims to Headway, and insurers gain a larger accessible network. Founded in 2019 by Andrew Adams and co-founders, Headway operates in all 50 states with roughly 34,000 clinicians and, after a $100M Series D in 2024, is valued at about $2.3 billion.

- **Founded:** 2019
- **Headquarters:** New York, New York, United States
- **Founders:** Andrew Adams (Co-founder & CEO), Jake Sussman (Co-founder), Dan Ross (Co-founder), Kevin Chan (Co-founder (Engineering))
- **Team size:** ~4,300 per Apollo data (corporate headcount grew rapidly from roughly 720 in 2022; excludes the ~34,000 clinicians in its network)
- **Products:** Headway for Patients, Headway for Providers, Insurance partnerships, Medicare Advantage & Medicaid expansion
- **Notable:** Built the first software-enabled national network of therapists who accept health insurance, Scaled to all 50 states with roughly 34,000 in-network clinicians, Reached a ~$2.3B valuation via a $100M Series D in July 2024, more than doubling its prior valuation

## Products & services

- **Headway for Patients** — A consumer marketplace to search for in-network therapists by insurance, specialty, and availability, with real-time eligibility checks and exact copays shown before booking (often under $30). Supports virtual and in-person care.
- **Headway for Providers** — A 'business-in-a-box' practice platform that handles insurance credentialing, claims processing, billing and collections, scheduling, client reminders, and guaranteed twice-monthly payments independent of insurer reimbursement timing - all with no fee to join.
- **Insurance partnerships** — Direct contracts with commercial and government payers to negotiate reimbursement rates and speed credentialing, giving plans a larger accessible mental health network.
- **Medicare Advantage & Medicaid expansion** — Extension of the network to serve patients covered by Medicare Advantage and Medicaid, programs covering roughly one-third of Americans.

## Achievements

- Built the first software-enabled national network of therapists who accept health insurance
- Scaled to all 50 states with roughly 34,000 in-network clinicians
- Reached a ~$2.3B valuation via a $100M Series D in July 2024, more than doubling its prior valuation
- Raised over $320M in total venture funding from Spark, Thrive, a16z, Accel and Forerunner
- Processes on the order of 300,000 mental health appointments per month
- Announced expansion into Medicare Advantage and Medicaid, addressing coverage for ~100M Americans

## Latest updates

- **2024-07** — Raised $100M Series D led by Spark Capital at a ~$2.3B valuation, with plans to expand into Medicare Advantage and Medicaid.
- **2024-12** — Targeted going live with Medicare Advantage across all 50 states and Washington, D.C.
- **2025-01** — Began rolling out Medicaid coverage, extending insurance-covered therapy to lower-income patients.

## Links

- Website: https://headway.co
- LinkedIn: https://www.linkedin.com/company/find-headway-com
- Twitter/X: https://twitter.com/try_headway
- Instagram: https://www.instagram.com/try_headway/
- Facebook: https://facebook.com/www.headway.co/

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Profile page: https://yespress.io/headway
Published by YesPress — https://yespress.io
Last updated: 2026-07-20