Lowenstein Sandler represented Aquiline Capital Partners LLC as investor in the $44.5 million Series B financing of Valera Health, a mental health platform for high-acuity patients with serious mental illness and severe depression. The round was led by Heritage Group and included participation from Horizon Healthcare Services, Cigna Ventures, Windham Ventures, AXA Venture Partners, Trinnovate Ventures, Figure Eight Investments, Watershed VC, and Alsora Capital.
Valera developed a virtual mental health platform for high-acuity patients with serious mental illness and severe depression. Patients aged six and above can use the service to receive personalized treatment and to have a place to coordinate their care. The company matches patients to a health coach, who helps them find a therapist or doctor who meets their needs. Clients can reach providers through the Valera app. The company also offers a library of mental health resources.
The Lowenstein team included Dotan Barnea and Ed Zimmerman.
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