Array Behavioral Care: Secures $25M in Funding

Array Behavioral Care Secures $25M in Funding

• Array Behavioral Care, a Mount Laurel, NJ-based provider of a virtual psychiatry and therapy practice provider, raised $25M in funding
• The round was led by CVS Health, which joined Wells Fargo Strategic Capital, Health Velocity Capital, Harbour Point Capital, HLM Venture Partners, OCA Ventures, and OSF Healthcare
• David Fairchild, MD, MPH, SVP and Chief Medical Officer of Retail Health for CVS Health will join Array’s board of directors
• The company intends to use the funds to scale in new and existing markets through enhanced service offerings and operations, innovative technology, and expansion of the practice team
• Executive Chief Medical Officer, The company provides telepsychiatry solutions and services across the continuum of care, from hospital to home
• Today, there are about 90 million Americans who can access Array’s services across all 50 states