Brave Health

What Brave Health does

Brave Health is a virtual mental health clinic founded in Miami, Florida in 2019, delivering therapy, psychiatric medication management, and group counseling exclusively through a 100% telehealth platform accessible from any device. The company primarily serves Medicaid populations across 14 states, alongside Medicare and commercial insurance patients, and operates as a licensed Medicaid and Medicare provider through affiliated clinical entities (Brave Health Medical Group, PA and Brave Medical, PC) structured to comply with state-specific professional corporation requirements. The platform supports over 200 full-time mental health providers, offers evidence-based treatments including CBT, DBT, and EMDR, and runs more than 40 therapist-led group therapy programs. Specialized programs address adolescents, pregnant and postpartum women, serious mental illness, ADHD, and substance use; the company is also the first telehealth provider to implement the Zero Suicide Institute's Zero Suicide Program. The platform is Joint Commission accredited and typically offers same-day or next-day appointments.

The underlying technology is a secure video-based telehealth platform with no disclosed public or partner-facing API; clinical services are delivered via scheduled video appointments across smartphone, tablet, or desktop. The product surface spans core individual therapy and psychiatric medication management, plus condition-specific programs (DBT for teens in a 32-week format and adults in a 16-week format, EMDR, family counseling, ADHD treatment with stimulant prescribing in select states, anxiety, bipolar disorder, depression, PTSD, and schizophrenia). Brave Health also maintains a referrer toolkit with 75+ downloadable educational materials and runs recurring webinars for healthcare professionals to drive inbound referrals.

Brave Health generates revenue primarily through insurance reimbursement from Medicaid, Medicare, and 200+ commercial health plan contracts, with secondary self-pay revenue for uninsured patients. The company operates a hybrid distribution model combining direct-to-consumer telehealth access with B2B2C referral partnerships involving case managers, care navigators, hospital discharge planners, and health plan networks across 14 states (Florida, Georgia, Illinois, Indiana, Maryland, Missouri, New Mexico, New York, North Carolina, Ohio, Oklahoma, South Carolina, Texas, and Virginia). Disclosed funding totals more than $70 million across a Series B ($10 million, October 2021), Series C ($40 million, October 2022), and an SEC Form D securities offering of approximately $38.57 million (February 2023); investors include Town Hall Ventures, Union Square Ventures, City Light Capital, Able Partners, and Hopelab.

Name

Brave Health

Legal name

Brave Health, Inc.

Website

https://bebravehealth.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Brave Health is a virtual mental health clinic delivering therapy, psychiatric medication management, and group counseling via telehealth to Medicaid, Medicare, and commercially insured patients across 14 U.S. states.

Ownership category

akta.pro rank

Product category

Virtual Mental Health Services

NAICS

Outpatient Mental Health and Substance Abuse Centers (621420), Outpatient Mental Health and Substance Abuse Centers (62142)

SIC

Services-Health Services (8000)

akta.pro primary industry

Behavioral Health & Psychiatry Virtual Care (Payer Network) (HLALACAC)

akta.pro secondary industries

General Mental Health Therapy Platforms (Talk Therapy) (HLALAEAA), Virtual Behavioral Health Integration Platforms (HLALABAE)

Keywords

• Virtual mental health
• Telehealth therapy
• Behavioral health services
• Substance use treatment
• Medicaid behavioral health

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Insurance Reimbursement: Brave Health accepts Medicaid, Medicare, and most commercial insurance plans. They are a licensed Medicaid and Medicare provider and accept 200+ insurance plans. Services are billed to insurance after each session through certified medical coders who review patient charts and create claims.
2. Self-Pay/Private Pay: For patients without insurance coverage, Brave Health offers private pay options with a fee schedule available on their website. Patients pay for services in full by check or debit/credit card.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Brave Health provides virtual outpatient mental health care, including therapy, psychiatry, and substance use disorder treatment, delivered through a telehealth platform. Services are offered to patients covered by Medicaid and commercial insurance plans, as well as through direct self-pay, with the company contracting with health plans and provider groups as an in-network behavioral health provider.

Product overview

Brave Health operates as a virtual mental health clinic offering a unified telehealth platform that provides a comprehensive suite of mental health services. The core platform enables video-based therapy and psychiatric medication management accessible via smartphone. The product portfolio includes Online Therapy and Psychiatric Medication Management as foundational services, supplemented by Online Group Therapy (with 40+ specialized therapist-led groups), specialized programs for specific conditions (DBT, EMDR, Pregnancy & Postpartum Support, ADHD, Anxiety, Bipolar Disorder, Depression, PTSD), and a Referrer Toolkit for healthcare partners. Services are delivered exclusively via telehealth with evidence-based treatment approaches including CBT, DBT, and EMDR.

Differentiator

Problem solved

Functional benefit

Products and services

• Virtual Therapy Outpatient therapy delivered via telehealth to patients with mental health needs, including those covered by Medicaid and commercial insurance.
• Virtual Psychiatry Psychiatric evaluation and medication management delivered virtually by licensed prescribers as part of outpatient mental health care.
• Substance Use Disorder Treatment Outpatient treatment for substance use disorder delivered via telehealth, typically alongside therapy and psychiatry services.
• Self-Pay Visits Direct-pay telehealth visits for patients without insurance coverage for therapy or psychiatry services.

Named customers2 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators8 records

Recent moves9 records

Expansion highlights4 records

Direct peers

• Talkiatry: Virtual psychiatry platform offering in-network psychiatric evaluations and medication management across multiple states, directly competing with Brave Health's medication management offering for insured populations.
• Lyra Health: Virtual mental health provider delivering therapy, coaching, and medication management to employers and health plans. Highly comparable in its payer/plan contracting model and integrated therapy-plus-medication delivery, though more employer-focused than Brave Health.
• Spring Health: Mental health benefits platform offering therapy, coaching, and psychiatry through employer and health plan partnerships. Comparable in B2B2C distribution and combined therapy-plus-medication offerings.
• Cerebral: Online mental health company providing therapy and medication management for anxiety, depression, and ADHD. Comparable in virtual clinic model and online prescribing, though Cerebral has focused more on direct-to-consumer cash-pay than Medicaid.
• Talkiatry competitor - Array Behavioral Care: Telehealth psychiatry provider serving health systems, hospitals, and health plans. Directly comparable virtual psychiatry delivery model and payer contracting approach.
• Headway: Marketplace and software platform that helps therapists accept insurance and build virtual practices, including Medicaid panels. Comparable as it lowers friction for therapists serving Medicaid populations — a key supply-side dynamic for Brave Health.

Broad incumbents

• BetterHelp: Largest direct-to-consumer online therapy platform, owned by Teladoc. Competes with Brave Health for general anxiety/depression therapy demand but does not focus on Medicaid, serious mental illness, or medication management.
• Teladoc Health: Largest telehealth incumbent offering general medical and behavioral health services including psychiatry. Comparable as a virtual care provider with health plan contracts, though it is much broader and not specialized in Medicaid behavioral health.

Emerging players

• Charlie Health: Virtual intensive outpatient program (IOP) provider for teens and adults with serious mental health conditions, including Medicaid contracts. Comparable in focus on higher-acuity populations and virtual delivery of structured therapy programs.

Others

• Zocdoc: Healthcare booking marketplace adding therapist and psychiatrist search including insurance filters. Related as a patient-acquisition channel for mental health providers and an adjacent marketplace model, but not a direct service competitor.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@BeBraveHealth
• LinkedInlinkedin.com/company/brave-health
• Instagraminstagram.com/bebravehealth
• Xx.com/health_brave

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds5 records

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Brave Health