How Much Did nOCD Raise?
Funding & Key Investors

nOCD, a prominent player in the digital behavioral health sector, has successfully secured a total of $80.2M in capital to date. This trajectory of financial backing, culminating in a $34M major strategic investment, underscores the company's pivotal role in modernizing mental health care delivery. By leveraging significant institutional support, nOCD continues to scale its specialized therapeutic platform, reinforcing its market position as a leader in evidence-based treatment solutions.

What is nOCD?

nOCD
Healthcare ServicesMental Health & Rehabilitation FacilitiesHealthcare Software

nOCD operates at the intersection of technology and clinical psychology, providing a dedicated platform for individuals suffering from Obsessive-Compulsive Disorder. The company distinguishes itself by offering live video sessions with licensed therapists who specialize in Exposure and Response Prevention (ERP), widely recognized as the gold standard for OCD treatment. By digitizing access to these specialized interventions, nOCD effectively bridges the gap between patients and high-quality, evidence-based care, addressing a critical need in the behavioral health market. Their model is designed to empower patients through personalized coaching and expert-led programs, positioning the firm as a transformative force in the digital health landscape.

How much funding has nOCD raised?

nOCD has raised a total of $80.2M across 5 funding rounds:

2017

Private Equity

$1M

2020

Debt

$150K

Series A

$12M

2021

Series B

$33M

2023

Other Financing Round

$34M

Private Equity (2017): $1M with participation from 7 Wire Ventures

Debt (2020): $150K led by PPP

Series A (2020): $12M supported by 7Wire Ventures, Hyde Park Angels, Chicago Ventures, and Meridian Street Capital

Series B (2021): $33M featuring F-Prime Capital Partners, Eight Roads, Chicago Ventures, Kaiser Permanente Ventures, 7wireVentures, and Health Enterprise Partners

Other Financing Round (2023): $34M backed by Longitude Capital, Cigna Ventures, Eight Roads Capital, Kaiser Permanente Ventures, 7wireVentures, and Health Enterprise Partners

Key Investors in nOCD

7wireVentures

7wire Ventures is a firm that builds and invests in early-stage digital health companies focused on creating informed and connected health consumers.

Health Enterprise Partners

HEP Fund partners with organizations transforming the healthcare industry to enhance healthcare delivery through deep industry knowledge and strategic advice.

Longitude Capital

Longitude Capital is a healthcare-focused venture capital firm that invests in biotechnology, medical technology, and health solutions companies.

What's next for nOCD?

With the infusion of recent capital, nOCD is well-positioned to accelerate its growth strategy, focusing on expanding its clinical network and enhancing its technological infrastructure. The company's roadmap likely involves deepening its integration with existing healthcare delivery systems and scaling its reach to serve a broader patient demographic. As the digital health sector continues to mature, nOCD's focus on specialized, high-efficacy treatment models provides a robust foundation for long-term sustainability and continued market penetration. Future initiatives will likely prioritize the refinement of its AI-driven coaching tools and the expansion of strategic partnerships with major payers and providers to ensure broader access to its proprietary ERP-based care.

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Frequently Asked Questions Regarding nOCD Financial Insights

What are the most recent funding rounds that nOCD has completed, and what were the funding rounds?
nOCD has recently completed 3 funding rounds: Other Financing Round on Jan 31, 2023, Series B on Sep 21, 2021, Series A on Oct 8, 2020.
What is the total amount of funding nOCD has raised to date?
nOCD has raised a total of $80.2M in funding to date.
How many funding rounds has nOCD completed?
nOCD has completed 3 funding rounds.
How much funding did nOCD raise in its most recent funding round?
nOCD raised $34M in its most recent funding round.
Who are the lead investors in nOCD's latest funding round?
The lead investor in nOCD's latest funding round was Longitude Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in nOCD's history?
The largest funding round in nOCD's history was $34M.
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