GROW THERAPY RAISES $150 MILLION IN SERIES D AS IT SOLIDIFIES NEW FLAGSHIP PARTNERSHIPS

Grow Therapy 在其巩固新的旗舰合作伙伴关系之际，于 D 轮融资中筹集了 1.5 亿美元。

New and Existing Investors Recognize the Company's Current and Future Impact as it Brokers Strategic Deals to Direct More People to Effective Mental Health Care

新投资者和现有投资者认可该公司当前和未来的影响，因其在促成更多人获得有效心理健康护理的战略交易中扮演重要角色。

NEW YORK, March 3, 2026-- Grow Therapy (Grow), a mental health platform empowering providers to deliver exceptional in-person and online therapy and psychiatric care, today announced it has raised $150 million in Series D financing. This vote of confidence from prominent investors follows Grow's innovation streak and a deepening of its relationships with health plans, employers, and health systems.

纽约，2026年3月3日 —— Grow Therapy（简称Grow），一个致力于为心理健康服务提供者赋能的平台，支持提供卓越的面对面及在线心理治疗和精神科护理，今日宣布已完成1.5亿美元的D轮融资。此次融资得到了知名投资者的信任与支持，进一步推动了Grow的创新进程，并深化了其与健康计划、雇主及卫生系统的合作关系。

The round was led by existing backers TCV and Growth Equity at Goldman Sachs Alternatives, with new investors BCI and Menlo Ventures joining Sequoia, SignalFire, and Transformation Capital..

本轮融资由现有支持者 TCV 和高盛另类投资公司的 Growth Equity 领投，新投资者 BCI 和 Menlo Ventures 加入了红杉资本、SignalFire 和 Transformation Capital 的行列。

'Grow has built alliances and capabilities that deliver win-win-win results for clients, providers, and all of our other partners with a stake in mental health care,' said Jake Cooper, CEO and Co-founder of Grow. 'This Series D reflects investor confidence in Grow's ability to execute a high-impact strategy and continue making mental health care more accessible, effective and connected.'.

“Grow建立了能够为客户提供三赢结果的联盟和能力，这些结果对客户、供应商以及所有其他在心理健康护理方面有利益关系的合作伙伴都是有利的，”Grow首席执行官兼联合创始人杰克·库珀表示。“此次D轮融资反映了投资者对Grow执行高影响力战略的能力充满信心，并继续使心理健康护理更加可及、有效和互联。”

'TCV loves backing great entrepreneurs targeting very large market opportunities. We are excited to continue to partner with Grow on the journey to provide access to, and improvement of, quality mental health care,' said Jay Hoag, Founding General Partner at TCV.

“TCV喜欢支持那些瞄准巨大市场机遇的优秀创业者。我们很高兴能继续与Grow合作，致力于提供并改善高质量的心理健康护理服务，”TCV创始普通合伙人Jay Hoag表示。

GROWTH AND IMPACT

增长与影响

Over the past five years, more than two million people nationwide have turned to Grow for therapy and medication management. In 2025 alone, Grow facilitated seven million visits, bringing the lifetime total to 10 million therapy and medication management appointments. Grow reports that nine in 10 clients would strongly recommend Grow to a friend, reflected in an 85 Net Promoter Score (NPS), which is considered excellent on a scale of -100 to 100..

在过去的五年里，全国已有超过两百万人转向Grow寻求治疗和药物管理服务。仅2025年一年，Grow就促成了七百万次访问，使其历史总访问量达到了一千万次治疗和药物管理预约。Grow报告称，十分之九的客户会强烈推荐Grow给朋友，这反映在其85的净推荐值（NPS）上，在-100到100的评分范围内，这一分数被认为是非常优秀的。

Better Care, Better Results, Broader Access

更好的护理，更好的结果，更广泛的获取途径

Since its Series C in April 2024, Grow has continued to build a secure, actionable, and measurable mental health platform for providers, partners, and people receiving care, including:

自 2024 年 4 月完成 C 轮融资以来，Grow 持续为医疗服务提供者、合作伙伴以及接受治疗的人们构建一个安全、可行且可衡量的心理健康平台，其中包括：

• Advanced tools for providers: Grow strengthened its scheduling, billing and electronic health record (EHR) software and introduced free, clinically guided AI-assisted notes. Since launch, Grow's data found that provider documentation time has dropped by nearly 70%, while exceeding manual note accuracy..

• 为供应商提供的先进工具：Grow加强了其日程安排、计费和电子健康记录（EHR）软件，并推出了免费的、临床指导的AI辅助记录。自推出以来，Grow的数据发现，供应商文档记录时间减少了近70%，同时超过了手动记录的准确性。

• Continuous support between visits: Through the Grow mobile app, rated 4.9 stars in the Apple App Store, clients have free access to clinically guided AI tools that support self-reflection between sessions. With a client's consent, relevant insights can be shared with the provider ahead of the next visit to keep time together focused and productive..

• 就诊间隙的持续支持：通过Grow移动应用程序（在苹果应用商店被评为4.9星），客户可以免费使用临床指导的人工智能工具，在疗程之间进行自我反思。在客户同意的情况下，相关的见解可以在下次就诊前与医生分享，以确保会面时间专注且高效。

• Outcomes measurement: Grow launched systems to gather evidence-based measures that track client outcomes over time. According to Grow's internal data, 80% of clients see measurable symptom improvement within 30 days.

• 结果测量：Grow推出了系统，以收集基于证据的指标来跟踪客户随时间变化的结果。根据Grow的内部数据，80%的客户在30天内看到了可衡量的症状改善。

• Expanded insurance coverage: Grow expanded from 75 to 125+ health insurer partners, including Medicare and Medicaid. This broad coverage makes mental health care accessible to 220 million people nationwide using the plans they already have. On average, Grow clients pay $21 per visit, and one in three pay $0..

• 扩展的保险覆盖范围：Grow 的合作健康保险公司从75家增加到125家以上，包括联邦医疗保险和医疗补助。这一广泛的覆盖范围使得全国2.2亿人可以通过他们现有的保险计划获得心理健康服务。平均而言，Grow 的客户每次就诊支付21美元，其中三分之一的客户支付0美元。

• Deepened critical partnerships: Grow developed flagship partnerships with major insurers, including Guidewell, and its care navigation partner Lucet, focused on shared goals such as improving clinical outcomes, lowering total cost and delivering a better member experience.

• 深化关键合作伙伴关系：Grow 与主要保险公司建立了旗舰合作伙伴关系，包括 Guidewell 及其护理导航合作伙伴 Lucet，专注于共同目标，如改善临床结果、降低总成本和提供更好的会员体验。

'We're thrilled to back Grow on its mission to deliver breakthrough products and care for mental health. Their technology is grounded in a deep understanding of what people, providers, and business partners need for superior outcomes,' said Matt Murphy, Partner at Menlo Ventures. 'Grow has consistently exceeded lofty expectations through world-class execution at scale, and we strongly believe they will define and lead the category for years to come.'.

“我们非常高兴能够支持Grow实现其提供突破性产品和心理健康护理的使命。他们的技术基于对人们、供应商和商业伙伴需求的深刻理解，以实现卓越的成果，”Menlo Ventures的合伙人马特·墨菲表示。“Grow通过世界级的大规模执行，不断超越高度期望，我们坚信他们将在未来多年内定义并引领这一领域。”

NEW PARTNERSHIPS EXPAND ENTRY POINTS TO CARE

新的合作伙伴关系扩大了护理的切入点

Workplace Mental Health Benefits

职场心理健康福利

Beginning in 2026, Grow will accelerate work with employers to strengthen workplace mental health benefits. Employer-sponsored mental health programs (often called employee assistance programs, or EAPs) and health-plan coverage don't always connect. As a result, employees may need to switch therapists or pay out of pocket after they've used their EAP sessions.

从 2026 年开始，Grow 将加快与雇主的合作，以加强工作场所的心理健康福利。雇主资助的心理健康计划（通常称为员工援助计划或 EAP）和健康计划覆盖范围并不总是相连的。结果是，员工在用完他们的 EAP 会话后，可能需要更换治疗师或自费支付。

Building on its integrations with health plans, Grow helps companies offer a single, connected experience, so employees can seamlessly transition to using their health insurance and keep the same provider after they've fully utilized their employer program..

基于其与健康计划的整合，Grow 帮助公司提供单一且互联的体验，以便员工能够无缝过渡到使用他们的健康保险，并在充分利用雇主计划后继续保留相同的供应商。

These offerings deliver nationwide coverage, fast access to vetted, licensed clinicians, and flexible virtual and in-person care. Grow's clinically guided AI tools extend support between sessions, surface useful information, and help patients improve over time. By working alongside employers and their health plan partners, Grow will remove friction and help employees and their families get effective care without interruption..

这些服务提供全国覆盖、快速接触经过审查的持牌临床医生，以及灵活的虚拟和面对面护理。Grow 的临床指导 AI 工具在疗程之间提供支持、挖掘有用信息，并帮助患者逐步改善。通过与雇主及其健康计划合作伙伴协作，Grow 将消除障碍，帮助员工及其家人获得持续有效的护理。

Additionally, employers need to balance quality and cost. Grow delivers care that is proven effective while keeping payments aligned with what employees expect from their health plans. And rather than a flat fee for every employee regardless of utilization, Grow only charges for care that's actually delivered, making it easier for employers to invest in mental health with confidence..

此外，雇主需要在质量和成本之间取得平衡。Grow 提供的护理被证明是有效的，同时确保支付方式与员工对其健康计划的期望相符。而且，Grow 并非对每位员工收取固定费用，不论其使用情况如何，而是仅对实际提供的护理进行收费，这让雇主能够更加放心地投资于心理健康服务。

Julie Harris, Grow's VP of Enterprise Partnerships, understands these employer dynamics deeply and is leading the effort to bring something better and more cost-effective to market. 'What makes Grow's value to employers distinct is our ability to balance competing demands,' said Harris. 'A mentally healthy workforce is more productive by every measure, but employers also have to contain rising costs.

朱莉·哈里斯，Grow企业合作伙伴关系副总裁，深刻理解这些雇主动态，并正在带领团队努力将更优质、更具成本效益的产品推向市场。哈里斯表示：“Grow对雇主的价值与众不同之处在于我们能够平衡相互冲突的需求。心理健康良好的员工队伍在各个方面都更有生产力，但雇主同时也需要控制不断上涨的成本。”

Grow offers a rigorously vetted network that delivers measurable mental health improvements in a model designed to complement, not compete with, existing health plan benefits.'.

Grow 提供了一个经过严格审查的网络，该网络旨在补充而非与现有的健康计划福利竞争，能够带来可衡量的心理健康改善。

Health Systems

健康系统

Grow is also extending its platform to health systems, including Circle Medical. Through Grow, medical teams can coordinate referrals, share relevant context, and help set up for a strong first therapy session. Through these coordinated and collaborative efforts, Grow is supporting a clearer path from screening to treatment and reducing friction when follow-up care is needed..

Grow 还将其平台扩展到包括 Circle Medical 在内的健康系统。通过 Grow，医疗团队可以协调转诊、共享相关背景信息，并帮助安排高效的首次治疗会话。通过这些协调且协作的努力，Grow 正在支持从筛查到治疗的更清晰路径，并在需要后续护理时减少摩擦。

LOOKING AHEAD

展望未来

Grow plans to continue deepening integrations across all the paths people take to find mental health care and investing in clinically guided technology to deliver better outcomes. As the platform expands across health plans, health systems and employers, Grow aims to ensure people can get the care they need, no matter where their mental health journey starts..

Grow计划继续深化人们寻求心理健康护理的所有途径的整合，并投资于临床指导的技术，以实现更好的治疗效果。随着平台在健康计划、卫生系统和雇主之间的扩展，Grow旨在确保人们无论从哪里开始他们的心理健康之旅，都能够获得所需的护理。

ABOUT GROW

关于成长

Grow Therapy (Grow) is a mental health platform empowering providers to deliver exceptional in-person and online therapy and psychiatric care. Its rigorously vetted network of 26,000 providers delivers high-quality care covered by insurance, with 220 million Americans able to access Grow through their health plan.

Grow Therapy (Grow) 是一个心理健康平台，赋能供应商提供卓越的面对面和在线治疗以及精神科护理。其严格审查的 26,000 名供应商网络提供由保险覆盖的高质量护理，2.2 亿美国人能够通过其健康计划访问 Grow。

Grow Therapy has raised $328 million, and key investors include Sequoia Capital, Goldman Sachs Alternatives, Transformation Capital, TCV, SignalFire, Plus Capital, BCI and Menlo Ventures. More information about Grow Therapy can be found at growtherapy.com..

Grow Therapy 已筹集了 3.28 亿美元，主要投资者包括红杉资本、高盛另类投资、Transformation Capital、TCV、SignalFire、Plus Capital、BCI 和 Menlo Ventures。更多关于 Grow Therapy 的信息可以在 growtherapy.com 找到。

Contact:

联系人：

Media Contact: Kristina McPherson (kristina@growtherapy.com)

媒体联系人：克里斯蒂娜·麦克弗森（kristina@growtherapy.com）