Radial raises $50 million in Series A funding for mental health

Radial launched with $50 million in Series A funding. General Catalyst led the round. It builds access to advanced brain treatments.

Funding details: $50 million (Series A)

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Radial raised $50 million in venture funding. General Catalyst led the Series A round. Other investors include Solari Capital, JSL Health Capital, Founder Collective, BoxGroup, Scrub Capital, and Diede van Lamoen.

The backers support Radial’s push to make advanced mental health treatments available. These include neuromodulation like TMS and fast-acting drugs like Spravato. The company aims to fix gaps in the healthcare system for these therapies.

The funding will help expand a national network of clinics. It accepts most major insurance like Medicare, Tricare, VA-CCN, Aetna, Cigna, United, and Blues plans. Radial also builds software for clinical workflows, insurance, and decisions. Plans call for more clinics and tech partnerships in 2026.

John Capecelatro, CEO and co-founder, said new treatments work in days or weeks, not years. He noted remission rates of 50-60% or up to 78% in studies. Radial provides the tools and paths to get these to patients faster.

Reva Nohria from General Catalyst said psychiatry is changing but infrastructure lags. Radial knows the clinical side and operations to deliver care at scale. Owen Muir, Chief Medical Officer, said research shows these treatments work, and Radial brings them to everyday practice.

Radial develops tools for advanced mental health care. It includes clinics, insurance help, and decision support for treatments like TMS and Spravato. The company operates in six states now and plans national growth for patients, providers, and payers.

The announcement appears on the Radial press release.