“Two Chairs secures $72 million in Series C funding to expand its therapist network through equity and debt capital”
![4. Alex Katz And Colleen Marshall](https://techgroundnews.com/wp-content/uploads/sites/4/2024/04/4.-Alex-Katz-and-Colleen-Marshall-768x576.jpeg)
When Alex Katz founded Two Chairs in 2017, he firmly believed that in-person therapy is the most effective for behavioral health.
On Tuesday, the company announced a $72 million Series C equity and debt financing led by Amplo and Fifth Down Capital, bringing Two Chairs total funding to $103 million.
Amplo also led the company’s $22.5 million Series B in August 2019.
Two Chairs is one of the latest therapy startups to raise substantial funding rounds.
Last week, Grow Therapy, a three-sided mental health platform for therapists, payers and patients, raised an $88 million Series C round led by Sequoia.