# Quartet Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quartet-health

- Industry: Healthcare IT
- Headquarters: New York, US
- Website: www.quartethealth.com
- Total disclosed funding: $239M
- Latest round: Series E (Dec 2, 2021)
- Investors on record: 11

## About

Quartet Health, Inc. enhances access to behavioral healthcare through an integrated platform, focusing on delivering quality services, including virtual clinics and telebehavioral health staffing, to support individuals with serious mental health needs.Quartet Health, Inc. was founded in 2014 and is headquartered in New York, US. The company operates an innovative platform that connects individuals with behavioral health services. Arun Gupta serves as both the CEO and Founder, leading the company through its growth and expansion. As of January 2025, Quartet Health successfully completed its latest funding round, a Series E, raising USD 80.90 mn from investors including GV and Independence Health Group, bringing its total amount raised to USD 80.90 mn. The company has completed a total of 7 deals, with the most recent deal occurring on January 29, 2025.Quartet Health provides an integrated platform aimed at enhancing behavioral healthcare access and quality through a value-based care model. Their primary offerings include Quartet Medical, a virtual clinic delivering evidence-based behavioral health services such as therapy and medication management, alongside telebehavioral health staffing partnerships through innovaTel by Quartet. The company emphasizes whole-person care, addressing both physical and behavioral health needs for individuals with serious mental illness and ensuring that patients receive timely and effective care across 39 states through partnerships with health plans, health systems, and community mental health centers.Quartet Health operates on a revenue model centered around partnerships with healthcare providers and organizations, utilizing value-based payment structures to align incentives with quality care outcomes. Revenue is generated through the provision of services supporting behavioral health needs, focusing on integrating these services into existing healthcare frameworks. The transactions with clients encompass subscription and partnership agreements, designed to facilitate seamless care delivery.In January 2025, NeuroFlow acquired Quartet Health, Inc. with the goal of expanding its customer base by enhancing its AI-powered platform with Quartet Health’s capabilities in referral management and behavioral health provider networks. This acquisition aligns with NeuroFlow's strategy to improve care delivery for payers, health systems, and the federal government. The integration of Quartet Health's services is expected to enhance market reach and service efficiency as both companies aim to further their objectives in the behavioral health sector.

## Funding rounds

- Series E, Dec 2, 2021, $81M — GV, Oak HC/FT, Independence Health Group
- Series D, Dec 2, 2019, $7.5M — Deerfield Capital Management, BlueCross BlueShield Venture Partners, Echo Health Ventures
- Series D, Jun 13, 2019, $60M — Polaris Partners, F-Prime Capital, GV, Centene Corporation, Oak HC/FT
- Series C, Nov 27, 2017, $44M — Polaris Partners, F-Prime Capital, GV, Deerfield Management, Oak HC/FT
- Series B, Mar 31, 2016, $40M — Polaris Partners, F-Prime Capital, GV, Oak HC/FT
- Series A, Jan 9, 2015, $6M — Polaris Partners, F-Prime Capital, Shulman Ventures, Oak HC/FT

## Investors

- Polaris Partners (https://capitalatlas.ai/funds/polaris-partners) — Series A, Series B, Series C, Series D
- F-Prime Capital (https://capitalatlas.ai/funds/f-prime-capital) — Series A, Series B, Series C, Series D
- Shulman Ventures (https://capitalatlas.ai/funds/shulman-ventures) — Series A
- Oak HC/FT (https://capitalatlas.ai/funds/oak-hc-ft) — Series A, Series B, Series C, Series D, Series E
- GV (https://capitalatlas.ai/funds/gv) — Series B, Series C, Series D, Series E
- Deerfield Management (https://capitalatlas.ai/funds/deerfield-management) — Series C
- Centene Corporation — Series D
- Deerfield Capital Management (https://capitalatlas.ai/funds/deerfield-capital-management) — Series D
- BlueCross BlueShield Venture Partners (https://capitalatlas.ai/funds/bluecross-blueshield-venture-partners) — Series D
- Echo Health Ventures (https://capitalatlas.ai/funds/echo-health-ventures) — Series D
- Independence Health Group — Series E