NOCD Pitch Deck

NOCD, a mental health startup that provides care for obsessive-compulsive disorder (OCD), raised $34 million in funding led by Cigna Ventures and 7wireVentures. Despite a challenging fundraising climate for digital health startups in early 2023, the startup was able to raise on favorable terms (at a higher valuation than before), thanks to exceeding its revenue & financial goals.
NOCD operates through an app, allows patients to sign up for virtual therapy and group sessions with providers who specialize in treating OCD. In addition, NOCD offers free self-help tools and feeds where people talk about their conditions. The startup got its start in 2018 by renting out a corner of an office shared by 7wireVentures and Livongo, a health startup that sold for $13.9 billion in 2020. With this new funding round, NOCD's total funding has reached $84 million.

2023 • Series C