SoftBank Vision Fund 2 led autistic childcare platform developer Elemy’s latest round, which valued it at $1.15bn.

Telecommunications and internet group SoftBank’s Vision Fund 2 has led a $219m funding round for US-based paediatric autism care provider Elemy, Bloomberg reported yesterday.

Amity Ventures, Avidity Partners, Goodwater Capital, Metrodora Ventures, Premji Invest, Sound Ventures, Whale Rock Capital Management also took part in the round, which lifted the company’s valuation from $104m in October 2020 to $1.15bn, according to CEO Yury Yakubchyk.

Founded in 2019 as Sprout Therapy, Elemy has built an online business-to-business-to-consumer platform that helps care providers…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
Email LinkedIn