The Cigna and Kaiser Permanente-backed mental healthcare app developer took its total funding to $220m in a round valuing it at about $1bn.
Investment firm Blackstone’s growth equity fund, Blackstone Growth, has led a $100m series E round for Ginger, a US-based mental healthcare app provider backed by health insurer Cigna and healthcare consortium Kaiser Permanente.
Ginger operates an online platform offering behavioural health coaching as well as licensed therapy and psychiatry sessions. It has partnerships in place with more than 500 organisations where it provides mental healthcare services for their employees.
The round valued Ginger at about $1bn, according to Bloomberg. It…
