Grow Therapy

Grow Therapy is an online platform that connects patients with insurance-covered mental health therapists and prescribers, while empowering providers to launch and manage private practices through tools for credentialing, billing, and EHR. The company has facilitated over 10 million lifetime visits, including 7 million in 2025 alone, serving more than 2 million patients across its nationwide network of thousands of providers in all 50 states. Grow Therapy partners with over 100 insurance plans, streamlining access to care for patients and enabling providers to accept insurance. It recently raised a $150 million Series D round in 2025, led by TCV and Goldman Sachs Alternatives, with participation from investors like Sequoia, SignalFire, and Menlo Ventures. The platform, which reported 98 employees as of its Series B, focuses on expanding mental healthcare accessibility and provider support. Grow Therapy was founded in 2020 by Jake Cooper, Manoj Kanagaraj, and Alan Ni.

Grow Therapy is an online mental health platform that connects patients with fully licensed therapists and prescribers covered by insurance, offering both in-person and virtual therapy sessions. It addresses the widespread challenge of accessing affordable, flexible, and appropriate mental health care by providing a large network of providers with diverse specialties and a pay-per-session model without subscription fees. The platform also integrates advanced technology, including AI-powered tools like Between-Session Reflections and AI-assisted note-taking, to enhance therapy effectiveness and reduce administrative burdens for providers. Grow Therapy serves individuals seeking therapy and psychiatric medication management, supporting a broad range of mental health conditions such as anxiety, depression, trauma, ADHD, and relationship issues, while empowering providers to manage their practices efficiently within insurance networks[1][2][5][6].

Founded in 2020 by Jake Cooper, Manoj Kanagaraj, and Alan Ni, Grow Therapy emerged from the founders’ vision to make mental health care more accessible and affordable across the U.S. The idea grew from recognizing the limitations of traditional therapy models, especially the barriers posed by cost, insurance, and inflexible formats. Early traction came from building a provider-centric platform that supports therapists with business tools and a referral pipeline, enabling them to launch and grow private practices both virtually and in-person. The company has since expanded its network to over 21,000 providers and introduced innovative AI features to improve client engagement and therapy outcomes, marking pivotal moments in its growth and impact on mental health care delivery[2][5][1].

Core Differentiators

• Flexible care options: Offers both in-person and virtual therapy, unlike many online-only platforms.
• Insurance coverage: Connects patients with therapists who accept insurance, reducing out-of-pocket costs.
• Pay-per-session model: No subscription fees, allowing clients to pay only for the sessions they attend.
• AI-powered tools: Features like Between-Session Reflections help clients articulate thoughts between sessions and provide therapists with richer context, improving session productivity.
• Provider-centric platform: Therapists maintain control over their practice decisions while benefiting from infrastructure, scheduling, secure messaging, and AI-assisted documentation.
• Comprehensive service: Includes therapy and psychiatric medication management in one platform.
• Large, diverse network: Over 21,000 licensed providers with expertise in evidence-based therapies such as CBT, DBT, EMDR, and more[1][2][6].

Role in the Broader Tech Landscape

Grow Therapy rides the growing trend of digital transformation in mental health care, addressing the critical shortage of accessible and affordable therapy services in the U.S., where nearly 60 million adults face mental health challenges. The timing is crucial as demand for mental health care surges alongside provider burnout and economic pressures on healthcare systems. By integrating AI and telehealth with insurance-based coverage and flexible care formats, Grow Therapy leverages technology to close gaps in care access and quality. Its partnership with companies like Big Health to combine digital therapeutics with clinical care exemplifies how Grow is shaping a more scalable, data-driven, and patient-centered mental health ecosystem[1][4][3].

Quick Take & Future Outlook

Grow Therapy is poised to continue expanding its provider network and enhancing its AI capabilities to deepen therapy insights and improve outcomes. Future trends likely to shape its journey include increased adoption of AI in mental health, integration of digital and clinical care, and growing employer and insurer focus on scalable, claims-billable mental health solutions. As mental health remains a top priority, Grow Therapy’s model of accessible, flexible, and technology-augmented care positions it to influence how therapy is delivered nationwide, making mental health care more personalized, effective, and sustainable[1][4].