Valera Health

Company Overview

Snapshot

Founded in September 2014 by Thomas Tsang and Ofer Sharon, Valera Health operates with 201–500 employees. The company has raised $79.82 million across 7 funding rounds from 20 investors.

Business overview

Valera Health provides comprehensive behavioral health solutions, leveraging technology to offer personalized mental health services. Its core product is an app that connects patients with care teams, offering secure chat, digital wellness programs, and in-app video calls with clinicians. The company serves employers and partners with insurance carriers to expand access to high-quality mental healthcare, operating within the Health Tech & Life Sciences sector, specifically in Digital Healthcare and Digital Therapeutics.

Strategic signal

In October 2023, Valera Health announced a new partnership with Blue Cross and Blue Shield of Vermont. This collaboration signifies a strategic expansion of Valera Health's reach within the insurance sector, validating its model for delivering accessible mental health services and indicating potential for further growth through similar partnerships.

Company Intelligence Q&A

When was Valera Health founded?

Valera Health was founded in September 2014 by Thomas Tsang and Ofer Sharon.

What was a significant partnership announced by Valera Health in the past year?

In October 2023, Valera Health announced a new partnership with Blue Cross and Blue Shield of Vermont to expand access to mental health services.

Which investors participated in the October 2022 funding round?

In October 2022, Valera Health received growth equity financing led by.

What was a key partnership announced in July 2023?

In July 2023, Valera Health became a Humana Network Provider, offering mental health care for Medicare Advantage members.