How Much Did PSIMed Raise?
Funding & Key Investors

PSIMed has secured $1M in total capital, with a recent strategic investment of $1M underscoring its significant enterprise-level funding trajectory. This latest financing round, dated April 14, 2020, marks a pivotal moment for the mental health service provider as it continues to expand its comprehensive care offerings.

What is PSIMed?

PSIMed
Hospitals & Physicians ClinicsMedical & Surgical HospitalsHealthcare Services

PSIMed operates as a comprehensive mental health service provider, integrating psychiatrists, psychologists, and clinical therapists to deliver unified patient care. The company's service portfolio includes individual, couples, family, and children's therapy, alongside psychiatric evaluations and medication management. A key aspect of PSIMed's operations involves providing specialized mental health services to the West Virginia Division of Corrections and Rehabilitation, serving both adult and juvenile populations. Their commitment to employing best practices ensures effective and humane treatment for all clients, positioning them as a vital resource in the mental healthcare sector.

How much funding has PSIMed raised?

PSIMed has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in PSIMed

PPP

Public-Private Partnership

What's next for PSIMed?

The substantial enterprise-level funding PSIMed has attracted, particularly the recent strategic investment, signals a strong market confidence and provides the necessary capital for significant expansion and service enhancement. This backing is likely to fuel advancements in their collaborative care model, potentially enabling broader reach into correctional facilities and community mental health programs. Future growth may involve scaling their therapeutic services, investing in digital health solutions for remote patient access, and further developing specialized treatment protocols. The company's strategic focus on integrated care and its established partnerships suggest a robust pathway for sustained development and impact in the mental health landscape.

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Frequently Asked Questions Regarding PSIMed Financial Insights

What are the most recent funding rounds that PSIMed has completed, and what were the funding rounds?
PSIMed has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding PSIMed has raised to date?
PSIMed has raised a total of $1M in funding to date.
How many funding rounds has PSIMed completed?
PSIMed has completed 1 funding rounds.
How much funding did PSIMed raise in its most recent funding round?
PSIMed raised $1M in its most recent funding round.
Who are the lead investors in PSIMed's latest funding round?
The lead investor in PSIMed's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in PSIMed's history?
The largest funding round in PSIMed's history was $1M.
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