Octave

Octave is a modern behavioral health practice creating a new standard for care delivery that's both high-quality and accessible to more people. 

Octave is redesigning how care is delivered and expanding options to make it more affordable.

Octave was founded in 2018 by Sandeep Acharya and Kristen Scarlett. The company is headquartered in San Francisco, with operations in California, Connecticut, Florida, New Jersey, New York, Texas, and Washington, D.C. 

 

Octave, with in-person and virtual clinics, offers personalized care plans that can include individual, couples, and family therapy, while pioneering relationships with payers to make care more affordable through insurance.

 

Octave treats several behavioral health conditions, including depression, ADHD, bBipolar disorder, chronic insomnia, eating disorders and substance use disorders. The company's  evidence-based and outcome-driven platform tracks progress throughout the care journey.

 

Octave currently serves 18M covered lives across seven states. Octave also design compensation packages for providers that allow them to do their best work without worrying about the overhead. Octave works with several major insurers, including Aetna, Anthem and health net.

 

Octave is backed by Greycroft Partners, Cigna Ventures, Novo Holdings, Obvious Ventures, Felicis Ventures, Avidity Partners, Health Velocity Capital, Company Ventures, and others. The company raised $52M in a Series C round on Jun 15, 2023. This brings Octave's total funding to $86M to date.

 

 

  • Year founded: 2018
  • Funding Info: $86M over 6 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: San Francisco
  • State: California
  • Country: United States
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