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
NOCD is a mental health startup that provides care for obsessive-compulsive disorder (OCD).
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