Norwest Venture Partners led the behavioural therapy provider's first publicly disclosed funding round, which will support its US expansion.
US-based behavioural health services provider RiverMend Health secured $60m on Friday in a round led by Norwest Venture Partners, the venture capital firm that manages funds for bank Wells Fargo.
Founded in 2013, RiverMend offers scientifically-driven behavioural rehabilitation services to patients suffering from conditions including alcohol and drug dependency, eating disorders, obesity and chronic pain.
RiverMend, which currently has more than 350 employees spread across 15 US locations, intends to use the funding as the basis for further expansion across…
