CVS Health Leads $25M Growth Round in Array Behavioral Care

June 1, 2023

Array Behavioral Care closed a $25 million equity financing round led by CVS Health, with participation from existing investors including Wells Fargo Strategic Capital, Health Velocity Capital, Harbour Point Capital, HLM Venture Partners, OCA Ventures, and OSF HealthCare. The capital will be used to scale Array’s virtual psychiatry and therapy services, enhance technology and operations, and expand access through deeper collaboration with CVS Health.

Buyers
CVS Health, Wells Fargo Strategic Capital, Health Velocity Capital, Harbour Point Capital, HLM Venture Partners, OCA Ventures, OSF HealthCare
Targets
Array Behavioral Care
Location
Illinois, United States
Transaction Type
Growth capital

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