What is Two Chairs?
Founded in 2017, Two Chairs operates at the intersection of digital health and clinical psychology. The company distinguishes itself through a sophisticated, data-driven matching platform that pairs individuals with therapists based on clinical needs, personality, and logistical preferences. By offering a hybrid model of virtual and in-person therapy, Two Chairs addresses the critical demand for personalized mental health care. Its market position is reinforced by a commitment to high-quality clinical outcomes, positioning the firm as a leader in the evolving landscape of enterprise-level behavioral health solutions.
How much funding has Two Chairs raised?
Two Chairs has raised a total of $107.5M across 4 funding rounds:
Multiple Rounds
$35.5M
Series C
$72M
Series A (2019): $7M with participation from Maveron
Series B (2019): $21M led by Amplo, Maveron, and Goldcrest
Other Financing Round (2019): $7.5M supported by Makers Fund, Tam Holdings, and Taubman Capital
Series C (2024): $72M featuring Amplo and Fifth Down Capital
Key Investors in Two Chairs
Maveron
Maveron is a consumer-only venture capital firm that partners with innovative entrepreneurs to transform consumer experiences and industries, focusing on early-stage brands that prioritize human behavior.
Amplo
Amplo is a venture capital firm that provides strategic capital and operational support to high-growth companies, often focusing on businesses that leverage technology to solve complex, large-scale problems.
Fifth Down Capital
Fifth Down Capital partners with extraordinary entrepreneurs and builders, providing both financial backing and advisory support to companies that aim to create lasting societal impact through technological innovation.
What's next for Two Chairs?
With the successful closure of this major strategic investment, Two Chairs is well-positioned to scale its operations and deepen its technological infrastructure. The company is expected to focus on expanding its geographic footprint and enhancing its proprietary matching engine to accommodate a broader patient demographic. As the mental health sector continues to experience rapid digital transformation, Two Chairs' ability to maintain clinical standards while scaling its platform will be a key determinant of its long-term market dominance. Future initiatives will likely prioritize strategic partnerships with health systems and employers to integrate its services into broader wellness ecosystems.
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