Cerebral valuation, funding and investors
Cerebral works in telehealth mental health services, based in Claymont, United States. Founded in 2020, it has about 580 employees.
- Last round
- Series C · $300M · Dec 2021
- Valuation at last round
- $4.80B
- Headcount
- 580 · flat
- Grade
- D
- Founded
- 2020
Cerebral valuation today
VCMC values Cerebral at $1.9B today, with a range of $313M to $6.5B and a grade of D. The valuation starts from its last funding round, a Series C round in Dec 2021.
Valuation by date (86 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2020 | $15.3M | $5.58M – $42.1M | $17.1M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2020 | $15.5M | $5.63M – $42.5M | $17.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2020 | $15.6M | $5.68M – $42.9M | $17.4M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2020 | $15.7M | $5.73M – $43.3M | $17.5M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2020 | $15.9M | $5.78M – $43.6M | $17.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2020 | $16.0M | $5.84M – $44.0M | $17.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jul 2020 | $16.2M | $5.89M – $44.4M | $18.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2020 | $16.3M | $5.94M – $44.8M | $18.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2020 | $16.5M | $6.00M – $45.2M | $18.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2020 | $16.6M | $6.05M – $45.6M | $18.5M (+11%) | before first round | – | unknown | D | 0% |
| 8 Oct 2020 | $195M | $128M – $533M | $350M (+80%) | after a round | – | unknown | C | 0% |
| 1 Nov 2020 | $202M | $128M – $533M | $350M (+73%) | after a round | – | unknown | C | 0% |
| 1 Dec 2020 | $212M | $128M – $533M | $350M (+65%) | after a round | – | unknown | C | 0% |
| 1 Jan 2021 | $223M | $128M – $533M | $350M (+57%) | after a round | – | unknown | C | 0% |
| 1 Feb 2021 | $235M | $128M – $533M | $350M (+49%) | after a round | – | unknown | C | 0% |
| 1 Mar 2021 | $246M | $128M – $533M | $350M (+43%) | after a round | – | unknown | C | 0% |
| 1 Apr 2021 | $258M | $128M – $533M | $350M (+36%) | after a round | – | unknown | C | 0% |
| 1 May 2021 | $271M | $128M – $533M | $350M (+29%) | after a round | – | unknown | C | 0% |
| 1 Jun 2021 | $285M | $128M – $533M | $350M (+23%) | after a round | – | unknown | C | 0% |
| 11 Jun 2021 | $1.2B | $1.0B – $2.1B | $1.8B (+50%) | after a round | – | unknown | B | 0% |
| 1 Jul 2021 | $1.2B | $1.0B – $2.1B | $1.8B (+47%) | after a round | – | unknown | B | 0% |
| 1 Aug 2021 | $1.3B | $1.0B – $2.1B | $1.8B (+42%) | after a round | – | unknown | B | 0% |
| 1 Sep 2021 | $1.3B | $1.0B – $2.1B | $1.8B (+37%) | after a round | – | unknown | B | 0% |
| 1 Oct 2021 | $1.4B | $1.0B – $2.1B | $1.8B (+32%) | after a round | – | unknown | B | 0% |
| 1 Nov 2021 | $1.4B | $1.0B – $2.1B | $1.8B (+28%) | after a round | – | unknown | B | 0% |
| 1 Dec 2021 | $1.5B | $1.0B – $2.1B | $1.8B (+24%) | after a round | – | unknown | B | 0% |
| 9 Dec 2021 | $4.8B | $4.2B – $7.2B | $6.2B (+30%) | after a round | – | unknown | A | 0% |
| 1 Jan 2022 | $4.9B | $4.2B – $7.2B | $6.2B (+28%) | after a round | – | unknown | A | 0% |
| 1 Feb 2022 | $5.0B | $4.2B – $7.2B | $6.2B (+25%) | after a round | – | unknown | A | 0% |
| 1 Mar 2022 | $5.1B | $4.2B – $7.2B | $6.2B (+22%) | after a round | – | unknown | A | 0% |
| 1 Apr 2022 | $5.2B | $4.2B – $7.2B | $6.2B (+20%) | after a round | – | unknown | A | 0% |
| 1 May 2022 | $5.3B | $4.2B – $7.2B | $6.2B (+17%) | after a round | – | unknown | A | 0% |
| 1 Jun 2022 | $5.4B | $4.2B – $7.2B | $6.2B (+15%) | after a round | – | unknown | A | 0% |
| 1 Jul 2022 | $5.6B | $4.2B – $7.2B | $6.2B (+12%) | after a round | – | unknown | A | 0% |
| 1 Aug 2022 | $5.7B | $4.2B – $7.2B | $6.2B (+10%) | after a round | – | unknown | A | 0% |
| 1 Sep 2022 | $5.8B | $4.2B – $7.2B | $6.2B (+7%) | after a round | – | unknown | A | 0% |
| 1 Oct 2022 | $5.9B | $4.2B – $7.2B | $6.2B (+5%) | after a round | – | unknown | A | 0% |
| 1 Nov 2022 | $6.1B | $4.2B – $7.2B | $6.2B (+3%) | after a round | – | unknown | A | 0% |
| 1 Dec 2022 | $6.2B | $4.2B – $7.2B | $6.2B (+1%) | after a round | – | unknown | A | 0% |
| 1 Jan 2023 | $6.2B | $4.0B – $7.2B | $6.2B (0%) | after a round | – | unknown | A | 0% |
| 1 Feb 2023 | $6.2B | $3.8B – $7.2B | $6.2B (0%) | after a round | 1,600 | unknown | B | 0% |
| 1 Mar 2023 | $6.2B | $3.7B – $7.2B | $6.2B (0%) | after a round | 1,600 | unknown | B | 0% |
| 1 Apr 2023 | $6.2B | $3.5B – $7.2B | $6.2B (0%) | after a round | 1,600 | unknown | B | 0% |
| 1 May 2023 | $6.2B | $3.4B – $7.2B | $6.2B (0%) | after a round | 1,600 | unknown | B | 0% |
| 1 Jun 2023 | $4.8B | $3.1B – $6.3B | $3.9B (-19%) | after a round | 1,400 | down | B | 67% |
| 1 Jul 2023 | $4.7B | $3.0B – $6.3B | $3.8B (-19%) | after a round | 1,400 | down | B | 67% |
| 1 Aug 2023 | $4.7B | $2.8B – $6.4B | $3.8B (-19%) | after a round | 1,400 | down | B | 67% |
| 1 Sep 2023 | $4.6B | $2.7B – $6.4B | $3.7B (-20%) | after a round | 1,400 | down | B | 67% |
| 1 Oct 2023 | $4.5B | $2.6B – $6.5B | $3.6B (-20%) | after a round | 1,400 | down | B | 67% |
| 1 Nov 2023 | $3.3B | $2.4B – $5.5B | $2.1B (-37%) | after a round | 1,100 | shrinking | B | 97% |
| 1 Dec 2023 | $3.2B | $2.3B – $5.5B | $2.0B (-37%) | after a round | 1,100 | shrinking | B | 97% |
| 1 Jan 2024 | $3.0B | $2.2B – $5.2B | $1.8B (-40%) | after a round | 1,100 | shrinking | B | 97% |
| 1 Feb 2024 | $2.9B | $2.1B – $5.1B | $1.7B (-40%) | after a round | 1,100 | shrinking | B | 97% |
| 1 Mar 2024 | $2.8B | $2.0B – $5.1B | $1.7B (-40%) | after a round | 1,100 | shrinking | B | 97% |
| 1 Apr 2024 | $2.7B | $1.9B – $5.1B | $1.6B (-41%) | after a round | 850 | shrinking | B | 97% |
| 1 May 2024 | $2.6B | $1.8B – $5.0B | $1.5B (-41%) | after a round | 850 | shrinking | B | 97% |
| 1 Jun 2024 | $2.5B | $1.7B – $5.0B | $1.5B (-41%) | after a round | 850 | shrinking | B | 97% |
| 1 Jul 2024 | $2.4B | $1.6B – $5.0B | $1.4B (-42%) | after a round | 850 | shrinking | B | 97% |
| 1 Aug 2024 | $2.3B | $1.6B – $5.0B | $1.4B (-42%) | after a round | 850 | shrinking | B | 97% |
| 1 Sep 2024 | $2.2B | $1.5B – $4.9B | $1.3B (-42%) | after a round | 760 | shrinking | C | 97% |
| 1 Oct 2024 | $2.2B | $1.4B – $4.9B | $1.2B (-42%) | after a round | 760 | shrinking | C | 97% |
| 1 Nov 2024 | $2.1B | $1.3B – $4.9B | $1.2B (-43%) | after a round | 760 | shrinking | C | 97% |
| 1 Dec 2024 | $2.0B | $1.3B – $4.8B | $1.2B (-43%) | after a round | 680 | shrinking | C | 97% |
| 1 Jan 2025 | $1.8B | $1.2B – $3.9B | $1.1B (-42%) | after a round | 680 | shrinking | B | 97% |
| 1 Feb 2025 | $1.7B | $1.1B – $3.8B | $1.0B (-42%) | after a round | 680 | shrinking | C | 97% |
| 1 Mar 2025 | $1.7B | $1.1B – $3.7B | $971M (-42%) | after a round | 680 | shrinking | C | 97% |
| 1 Apr 2025 | $1.6B | $1.0B – $3.7B | $930M (-42%) | after a round | 680 | shrinking | C | 97% |
| 1 May 2025 | $1.5B | $992M – $3.6B | $891M (-42%) | after a round | 624 | shrinking | C | 97% |
| 1 Jun 2025 | $1.5B | $942M – $3.5B | $854M (-42%) | after a round | 624 | shrinking | C | 97% |
| 1 Jul 2025 | $1.4B | $897M – $3.4B | $819M (-42%) | after a round | 624 | shrinking | C | 97% |
| 1 Aug 2025 | $1.4B | $853M – $3.4B | $784M (-42%) | after a round | 624 | shrinking | C | 97% |
| 1 Sep 2025 | $1.3B | $810M – $3.3B | $751M (-42%) | after a round | 615 | shrinking | C | 97% |
| 1 Oct 2025 | $1.8B | $771M – $7.2B | $1.1B (-38%) | after a round | 615 | down | D | 97% |
| 1 Nov 2025 | $1.7B | $733M – $7.2B | $1.1B (-37%) | after a round | 611 | down | D | 97% |
| 1 Dec 2025 | $1.7B | $698M – $7.2B | $1.1B (-35%) | after a round | 611 | down | D | 97% |
| 1 Jan 2026 | $1.5B | $663M – $7.2B | $1.1B (-27%) | after a round | 611 | down | D | 97% |
| 1 Feb 2026 | $1.4B | $630M – $7.2B | $1.1B (-25%) | after a round | 611 | down | D | 97% |
| 1 Mar 2026 | $1.6B | $602M – $7.1B | $1.2B (-21%) | after a round | 611 | down | D | 89% |
| 1 Apr 2026 | $1.7B | $572M – $7.0B | $1.4B (-18%) | after a round | 611 | down | D | 82% |
| 1 May 2026 | $1.8B | $544M – $6.9B | $1.5B (-15%) | after a round | 608 | down | D | 76% |
| 1 Jun 2026 | $1.9B | $517M – $6.9B | $1.7B (-13%) | after a round | 608 | flat | D | 70% |
| 1 Jul 2026 | $2.0B | $493M – $6.8B | $1.8B (-10%) | after a round | 608 | flat | D | 64% |
| 1 Aug 2026 | $2.1B | $468M – $6.7B | $2.0B (-8%) | after a round | 608 | flat | D | 59% |
| 1 Sep 2026 | $2.2B | $445M – $6.6B | $2.1B (-6%) | after a round | 608 | flat | D | 54% |
| 1 Oct 2026 | $2.3B | $423M – $6.6B | $2.2B (-4%) | after a round | 580 | flat | D | 50% |
| 24 Oct 2026 | $1.9B | $313M – $6.5B | $1.8B (-4%) | after a round | 580 | flat | D | 46% |
Key facts about Cerebral
- Founded
- 2020
- Headquarters
- Claymont, United States
- Employees
- about 580 -6% in a year
- Total raised
- $462M
- Funding rounds
- 3
- Last round
- Series C Dec 2021
Cerebral was founded in 2020 by Ho Anh and Kyle Robertson.
Cerebral funding history
Cerebral has 3 funding rounds on record, from Oct 2020 to Dec 2021, $462M in total. The latest disclosed valuation is $4.80B post-money (Series C, Dec 2021).
Series C 8 Dec 2021
Led by SoftBank Vision Fund, SoftBank; with Prysm Capital, Access Industries, WestCap, Artis Ventures. Individuals: Simone Biles.
Sources: prweb.com, bhbusiness.com, fiercehealthcare.com and 2 more
$300M
$4.80B post-money
Series B 10 Jun 2021
Led by Access Industries; with Silver Lake Waterman, Artis Ventures, Oak HC/FT, WestCap, AirAngels, Cold Start Ventures, Celtic House Asia Partners, Liquid 2, Pershing Square Holdings, Burch Creative Capital. Individuals: Bill Ackman, Chris Burch.
Sources: prweb.com, bhbusiness.com, finsmes.com and 1 more
$127M
$1.20B post-money
Series A 7 Oct 2020
Led by Oak HC/FT; with WestCap, Liquid 2, Gaingels, Air Angels.
Sources: finsmes.com, mobihealthnews.com, bhbusiness.com
$35M
Cerebral investors
15 investors have backed Cerebral; Access Industries, Oak HC/FT and SoftBank and 1 more led at least one round.
- Access Industries lead, 2 rounds
- Oak HC/FT lead, 2 rounds
- SoftBank lead
- SoftBank Vision Fund lead
- WestCap 3 rounds
- Air Angels 2 rounds
- Celtic House Asia Partners
- Gaingels
- Silver Lake Waterman
What Cerebral does
Cerebral works in psychologists & counseling services, with 14 recorded offerings and customers in healthcare.
Cerebral Inc. is an American telehealth company that provides online mental health services, including therapy, counseling, and medication management. The company also operates a proprietary education and research platform, the Cerebral Institute, which offers structured clinical development for therapists and prescribers. Cerebral serves clients across the United States and collaborates with third-party providers for prescription fulfillment and clinical training.
Description from Veridion's company data.
Products and services
- Telehealth Mental Health Services
- Online Therapy Services
- Virtual Counseling Services
- Medication Management and Delivery Services
- Clinical Training and Certification Services
- Mental Health Research and Education Services
- Mental Health Platform Development
- Mobile Health App Development
- Secure Video Platform Development
- Prescription Fulfillment Services
- Therapist and Prescriber Education Services
- Mental Health Outcomes Research Services
- Mental Health Care Accessibility Solutions
- Mental Health Care Integration Services
Markets
- Healthcare
Business model
- Business-to-Consumer
- Service Provider
- Healthcare
Industry codes (NAICS)
- 621330 Offices of Mental Health Practitioners (except Physicians) 80% match
- 611710 Educational Support Services 20% match
Questions about Cerebral
What is Cerebral worth?
Valuation $1.9B (range $313M to $6.5B), as of 24 Oct 2026. The last disclosed valuation was $4.80B (Series C, Dec 2021).
Has Cerebral raised money?
Cerebral has 3 funding rounds on record, from Oct 2020 to Dec 2021, $462M in total. The latest disclosed valuation is $4.80B post-money (Series C, Dec 2021).
Who has invested in Cerebral?
Access Industries, Oak HC/FT, SoftBank, SoftBank Vision Fund, WestCap and Air Angels, and 9 more. Lead investors include Access Industries, Oak HC/FT, SoftBank and SoftBank Vision Fund.
How many people work at Cerebral?
About 580, down 6% over the last year. Headcount fell from 1,600 in Jan 2023 to 580 in Sep 2026.
What does Cerebral do?
Cerebral works in psychologists & counseling services, with 14 recorded offerings and customers in healthcare. Its main offerings are telehealth mental health services, online therapy services and virtual counseling services.
When was Cerebral founded, and where is it based?
Cerebral was founded in 2020 and is based in Claymont, United States. It has about 580 employees, down 6% over the last year.