Quartet Health closes $40M funding round led by Google Ventures

Behavioral health startup Quartet Health has raised $40 million in Series B funding. GV, formerly known as Google Ventures, led the round, joined by existing investors Oak HC/FT partners, F-Prime Capital Partners and Polaris Partners.

Quartet Health partners with payers and providers to better integrate behavioral care into the care continuum by matching patients with the appropriate primary care providers and behavioral health specialists.

"We're excited to add GV to the group of investors, customers and team members who see the importance of getting behavioral care right," said Arun Gupta, co-founder and CEO of Quartet Health, in a statement. "We expect them to add considerable value as we launch several new markets this year."

Mr. Gupta and Steve Shulman founded Quartet in 2014. In January 2015, the company closed a separate $7 million Series A funding round.

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