The mental healthcare app developer boosted its overall funding to $120m in a round that included Cigna Ventures and Kaiser Permanente Ventures.

US-based on-demand mental healthcare provider Ginger received $50m yesterday in a series D round featuring Cigna Ventures and Kaiser Permanente Ventures, on behalf of health insurer Cigna and care consortium Kaiser Permanente.

The round was co-led by venture capital firms Advance Venture Partners and Bessemer Venture Partners (BVP) and included private investor Jeff Weiner and unnamed existing backers. David ibnAle from Advance and Steve Kraus from BVP will join Ginger’s board of directors.

Ginger has built a mobile app that…

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Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
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