Cerebral joined the Unicorn Club on June 10, 2021, after raising a $127 million Series B funding round led by Access Industries, valuing the company at $1.2 billion. Headquartered in San Francisco, United States, Cerebral provides online mental health consultation and personalized treatment services, connecting users to licensed therapists, clinicians, and medication management programs through virtual platforms.
Keep reading to learn how Cerebral is transforming mental health care through digital therapy, telemedicine, and accessible treatment options for patients worldwide.
What Is Cerebral and What Does It Do?
Founded in 2020, Cerebral offers virtual counselling and medication management services for conditions such as anxiety, depression, ADHD, and insomnia. Its platform combines online mental health assessments with ongoing care from clinicians and therapists, ensuring patients receive consistent and affordable support.
Cerebral’s model integrates therapy, prescriptions, and follow-ups into one seamless digital experience. Its data-driven approach personalizes treatment plans while improving accessibility for individuals seeking care from home or remote locations.
How Much Funding Has Cerebral Raised?
1. Series C Round
- Amount Raised: $300 million
- Date: December 8, 2021
- Valuation: ~$4.8 billion
- Lead Investors: Silver Lake, Access Industries
- Purpose: Expand care offerings, enhance telemedicine capabilities, and scale U.S. operations
2. Series B Round
- Amount Raised: $127 million
- Date: June 10, 2021
- Valuation: ~$1.2 billion
- Lead Investor: Access Industries
- Purpose: Strengthen clinical infrastructure, increase hiring of mental health professionals, and improve platform reach
3. Earlier Rounds (Seed to Series A)
- Cumulative Funding: ~$35 million
- Key Investors: Y Combinator, WestCap
- Purpose: Develop a core telehealth platform and launch direct-to-consumer services
Total Funding Raised: ~$462 million
Latest Funding Date: December 8, 2021
Latest Known Valuation: ~$4.8 billion
Employee Count: 1,001–5,000 (as of July 16, 2025)
Key Investors
1. Silver Lake
- Details: Global private equity firm investing in technology-enabled growth companies.
- Focus Areas: Digital health, data platforms, and telemedicine infrastructure.
2. Access Industries
- Details: Diversified investment group backing transformative companies in healthcare, media, and technology.
- Focus Areas: Consumer health, biotech, and scalable digital platforms.
3. WestCap
- Details: Growth equity firm investing in digital transformation and consumer technology.
- Focus Areas: Healthtech, software-as-a-service (SaaS), and online service marketplaces.
Where Is Cerebral’s Headquarters?
Cerebral is headquartered in San Francisco, California, United States. Its operational footprint spans across the country with a network of licensed clinicians, mental health professionals, and care coordinators providing telehealth services nationwide.
What’s Next for Cerebral?
Cerebral plans to broaden its mental health and telemedicine offerings by integrating AI-assisted diagnostics, personalised treatment tracking, and global mental wellness programs. The company continues to invest in compliance, patient data security, and clinical research to support evidence-based digital care.
Cerebral’s long-term vision is to make mental healthcare affordable, stigma-free, and universally accessible through technology-driven solutions.
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