Telemedicine company closes $3.5 million in funding
Tennessee-based WeCounsel Solutions LLC has announced the close of Series A equity funding of $3.5 million.
Longmeadow Capital Partners, Point Judith Capital and CVH Holdings are co-investing in the company. WeCounsel's mission is to increase access to mental healthcare professionals through technology. Its platform is secure, HIPAA-compliant and easy-to-use, officials said.
"We recognize that the demand for behavioral health treatment is outpacing the supply of practitioners, leading to an acute shortage of mental health services,” commented David Martirano, managing partner from Point Judith Capital. “WeCounsel's custom solution provides mental health professionals with the tools they need for convenient and effective client engagement.”