What is Alma?
Alma operates as a comprehensive mental health platform dedicated to simplifying access to high-quality, equitable, and affordable care. By fostering an ecosystem that supports diverse lived experiences, the company addresses critical gaps in the behavioral health landscape. Its business model focuses on creating a safe and humane environment for both providers and patients, effectively bridging the gap between clinical excellence and digital accessibility. As a leader in the health tech space, Alma leverages its platform to streamline the connection between mental health professionals and those seeking support, ensuring that DEI principles remain at the core of its operational framework.
How much funding has Alma raised?
Alma has raised a total of $220.5M across 5 funding rounds:
Angel/Seed
$4.5M
Series A
$8M
Series B
$28M
Series C
$50M
Series D
$130M
Angel/Seed (2018): $4.5M with participation from Able Partners, Primary Venture Partners, Box Group, Rainfall Ventures, and First Round Capital
Series A (2019): $8M led by Box Group, Able Partners, Sound Ventures, First Round Capital, Tusk Venture Partners, and Primary Venture Partners
Series B (2021): $28M supported by Tusk Ventures, Sound Ventures, BoxGroup, Optum Ventures, Insight Partners, KJA Consulting, and Primary Venture Partners
Series C (2021): $50M featuring Tusk Venture Partners, Sound Ventures, Optum Ventures, Insight Partners, Sound Ventures, and Primary Venture Partners
Series D (2022): $130M backed by Cigna Ventures, Thoma Bravo, Optum Ventures, Tusk Ventures, and Insight Partners
Key Investors in Alma
Optum Ventures
Optum Ventures was created to make health care better for everyone. We invest in early-stage companies that are poised to disrupt the status quo.
Insight Partners
GO is a private platform purpose-built for Insight Partners' portfolio company leaders. GO unifies our 500+ software portfolio companies to foster connections, strengthen leadership, expand their brain trust, and provide support as they scale.
Thoma Bravo
Thoma Bravo is a leading private equity investment firm focused on software and technology-enabled businesses. The firm partners with innovative companies to accelerate growth through strategic guidance, operational expertise, and long-term capital.
What's next for Alma?
Following the latest capital injection, Alma is positioned to accelerate its enterprise-level expansion and deepen its technological infrastructure. The strategic focus will likely shift toward enhancing provider network density and refining the digital tools that facilitate seamless patient-provider interactions. Given the involvement of specialized healthcare-focused venture firms, the company is expected to prioritize long-term sustainability and the integration of its services into broader health systems. As Alma scales, the emphasis will remain on maintaining clinical quality while navigating the complexities of the evolving mental health market, ensuring that its mission of equitable access remains scalable in a competitive landscape.
See full Alma company page
