On August 6, 2020, Ginger, the leader in on-demand mental healthcare, announced a $50 million Series D funding round led by Advance Venture Partners and Bessemer Venture Partners. Additional participants include Cigna Ventures and existing investors such as Jeff Weiner, executive chairman of LinkedIn, and Kaiser Permanente Ventures. This latest round of investment brings the company’s total funding to over $120 million. Wilson Sonsini Goodrich & Rosati represented Ginger in the transaction.

By delivering evidence-based behavioral health coaching, therapy, and psychiatry right from a smartphone, Ginger is the only end-to-end telemental health provider designed to meet skyrocketing demand at a fraction of the cost of traditional care. Millions of people have access to Ginger through the company's partnerships with innovative employers, health plans, and strategic partners. Today, over 200 companies ranging from start-ups to Fortune 100s, including Delta Air Lines, Sanofi, Chegg, Domino’s, SurveyMonkey, and Sephora, partner with Ginger to cost-efficiently provide employees with high-quality mental healthcare.

Ginger members can also access virtual therapy and psychiatry sessions as an in-network benefit through the company’s relationships with leading regional and national health plans, including Optum Behavioral Health, Anthem California, and Aetna Resources for Living.

The Wilson Sonsini team that advised Ginger in the transaction includes Steve Bochner, Melissa Rick, and Joan Moses.

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