Funding round
Flourish Labs Seed
Flourish Labs, which works in mental health peer support services in San Francisco, raised $6.6M in a Seed round announced on 10 Oct 2023, led by Gradient and Collaborative Fund. 5 firms took part. It is Flourish Labs' first venture round on record.
$6.6M
Amount raised
Not disclosed
Post-money valuation
5
Investors
2 leads
Valuation
What this round says about the price
Flourish Labs did not disclose a valuation in this round. It is Flourish Labs' first venture round on record, 2 years after it was founded in 2021. It is 1.3% of the $507M Flourish Labs has raised in the venture rounds on record. Flourish Labs raised again 32 months later: a Growth round of $500M in Jun 2026, at $2.50B post-money.
Flourish Labs' funding rounds
Flourish Labs has 2 venture rounds on record. This one is highlighted.
- Seed this round 10 Oct 2023, led by Gradient and Collaborative Fund $6.6M
- Growth 5 Jun 2026, led by Lux Capital $500M$2.50B post-money
Investors
Who put money in
Gradient and Collaborative Fund led the round with 3 other firms.
Lead investors
- backs 141 venture-backed companies new investor
- backs 127 venture-backed companies new investor
Also in the round
- backs 10 venture-backed companies new investor
- backs 39 venture-backed companies new investor
- One Mind new investor
Comparable rounds
How it compares
19 Seed rounds in Psychologists & Counseling Services within a year either side disclosed an amount; the median was $3.2M, and this round was 2.1 times the median. The closest in time, other companies' Seed rounds in Psychologists & Counseling Services:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Psychologists & Counseling Services | 30 Nov 2023 | $7.0M | not disclosed | Reach Capital |
| Psychologists & Counseling Services | 10 Nov 2023 | $4.1M | not disclosed | Optum Ventures and .406 Ventures |
| Psychologists & Counseling Services | 22 Dec 2023 | $3.3M | not disclosed | AlignPact |
| Psychologists & Counseling Services | 6 Dec 2023 | $700K | not disclosed | Better Capital |
| Psychologists & Counseling Services | 11 Jan 2024 | $2.9M | not disclosed | Redrice |
| Psychologists & Counseling Services | 12 Jun 2023 | $3.2M | not disclosed | General Catalyst |
| Psychologists & Counseling Services | 4 Jun 2023 | $200K | not disclosed | not named |
| Psychologists & Counseling Services | 16 May 2023 | $3.2M | not disclosed | General Catalyst |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Flourish Labs raise in its Seed round?
Flourish Labs raised $6.6M in its Seed round, announced in Oct 2023.
Who led Flourish Labs' Seed round?
Gradient and Collaborative Fund led it, with Juvo Ventures, Learn Capital and One Mind.
What was Flourish Labs' valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Psychologists & Counseling Services?
19 Seed rounds in Psychologists & Counseling Services within a year either side disclosed an amount; the median was $3.2M, and this round was 2.1 times the median.
Did Flourish Labs raise again after this round?
Yes: a Growth round in Jun 2026 of $500M at $2.50B post-money.