On December 8, 2021, Cerebral Inc. announced the close of its $300 million Series C round led by the SoftBank Vision Fund 2. The round also included participation from new and existing investors, including Prysm Capital, Access Industries, WestCap Group, and ARTIS Ventures. Having launched less than two years ago, this round brings the company’s total funding to $462 million. Wilson Sonsini Goodrich & Rosati advised Cerebral on the transaction.

Aligning with its mission to improve access to high-quality, long-term mental health care, Cerebral is investing in new service offerings, strategic partnerships, international expansion, and M&A opportunities to further solidify its position as the one-stop shop for behavioral care and to provide top-quality treatment options through data science and precision medicine. Strategically, the company will continue to dedicate attention to its growing base of direct-to-consumer members and accelerate its value-based care relationships with insurance providers and employers.

The Wilson Sonsini team that advised Cerebral on the financing includes:

Corporate
Lianna Whittleton
Anna An
Nichola Rohr

Delaware Law
Ryan Greecher

National Security
Seth Cowell
Anne Seymour

For more information, please see Cerebral’s press release.