AbleTo will use the funds to accelerate scale and expansion of business operations. A large number of national health plans and employers use AbleTo’s platform to connect patients with a network of behavioral health providers.
Bain Capital Ventures led the financing round and Aetna, 406 Ventures, Sandbox Industries, HLM Venture Partners and Horizon Healthcare Services all participated.
AbleTo has now raised a total of $57.4 million in funding.
More articles on telehealth:
MDLive provides free telemedicine services to those impacted by Hurricane Harvey
Telehealth may provide appropriate setting for anorexia treatment, study finds
BCBS Federal Employee Program taps Teladoc for general, behavioral healthcare services
