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Sequoia-Backed Mental Health Startup Grow Therapy Valued at $3 Billion

Sequoia-backed platform reaches unicorn status amid tightening venture funding

By Alex RiveraVerifiedMar 3, 2026 · 7:02 AM ET·1 min read

Sequoia-Backed Mental Health Startup Grow Therapy Valued at $3 Billion

Mental health platform Grow Therapy has reached a $3 billion valuation through new funding, according to Bloomberg Technology. The Sequoia Capital-backed startup is co-founded by Manoj Kanagaraj, Jake Cooper, and Alan Ni.

The valuation milestone signals continued investor appetite for digital mental health platforms, even as venture funding has tightened across sectors. For CFOs evaluating healthcare technology investments or considering mental health benefits for employee populations, the funding round underscores the market's confidence in the sector's growth trajectory.

Details on the funding amount and lead investors were not disclosed in the available reporting.

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Key Takeaways

Mental health platform Grow Therapy has reached a $3 billion valuation through new funding, according to Bloomberg Technology.

The valuation milestone signals continued investor appetite for digital mental health platforms, even as venture funding has tightened across sectors.

For CFOs evaluating healthcare technology investments or considering mental health benefits for employee populations, the funding round underscores the market's confidence in the sector's growth trajectory.

CompaniesGrow TherapySequoia Capital

PeopleManoj KanagarajCo-founder at Grow TherapyJake CooperCo-founder at Grow TherapyAlan NiCo-founder at Grow Therapy

Key Figures

$3B valuationGrow Therapy company valuation milestone

Originally Reported By

Bloomberg

bloomberg.com/news/articles/2026-03-03/mental-health-startup-grow-therapy-hits-3-billion-valuation

#MajorDeal #TheLedgerSignal

Written By

Alex Rivera

M&A correspondent covering deals, valuations, and strategic transactions. More from Alex →

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