What is Cerebral?
Headquartered in San Francisco, Cerebral operates as a comprehensive mental health telemedicine platform. The company specializes in providing accessible, high-quality medication management, counseling, and therapy services for conditions including anxiety, depression, and insomnia. By leveraging digital infrastructure, Cerebral aims to democratize access to psychiatric care, ensuring that patients can receive professional support regardless of their geographic location.
The company's business model is built on the premise of integrating clinical expertise with user-friendly technology, positioning it as a leader in the virtual behavioral health market. As the demand for remote mental health services continues to rise, Cerebral remains focused on refining its service delivery and expanding its clinical network to meet the needs of a diverse patient population.
How much funding has Cerebral raised?
Cerebral has raised a total of $560.8M across 6 funding rounds:
Series A
$35M
Series B
$127M
Series C
$300M
Private Equity
$25M
Other Financing Round
$25M
Private Equity
$48.8M
Series A (2020): $35M with participation from Gaingels LLC, Air Angels Inc, Westcap Corp., Liquid 2 Ventures L.P, and Oak HC/FT
Series B (2021): $127M, investors not publicly disclosed
Series C (2021): $300M supported by Prysm Capital and SoftBank Group Corp
Private Equity (2025): $25M, investors not publicly disclosed
Other Financing Round (2025): $25M, investors not publicly disclosed
Private Equity (2026): $48.8M, investors not publicly disclosed
Key Investors in Cerebral
Oak HC/FT
Oak HC/FT is a premier venture growth-equity fund specializing in healthcare information and financial services technology, providing strategic counsel and board-level participation to transformative companies.
Prysm Capital
Prysm Capital provides flexible growth financing to disruptive teams, focusing on businesses with validated product-market fit and a commitment to long-term value creation.
SoftBank Group Corp
SoftBank Group Corp is a global technology holding company that leverages its extensive investment platforms to back businesses capable of shaping the next phase of the Information Revolution.
What's next for Cerebral?
With the recent influx of capital, Cerebral is well-positioned to accelerate its strategic initiatives, focusing on operational scaling and the enhancement of its digital care platform. The company is expected to prioritize the integration of advanced data analytics to improve patient outcomes and streamline clinical workflows.
Furthermore, the backing from major institutional investors suggests a long-term commitment to maintaining Cerebral's market leadership. Future growth will likely involve expanding service offerings, deepening partnerships within the healthcare sector, and navigating the regulatory complexities inherent in the telemedicine industry. As the company matures, its focus will shift toward sustainable value creation and the solidification of its position as a category-defining entity in the mental health space.
