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Cerebral

Funding History

$0$1.2B$2.4B$3.6B$4.8B202020212022
Valuation by funding round
Series B · 06/2021$1.2B
Series C · 12/2021$4.8B

About

Cerebral operates a subscription telehealth platform that matches patients with licensed therapists and prescribers for online therapy, psychiatric evaluation, and medication management for conditions such as depression, anxiety, and ADHD.

founded
2020
headquarters
San Francisco, California
totalDisclosedFunding
$487.00M
lastConfirmedRound
Series C
lastConfirmedValuation
$4.80B (reported)

Overview

Cerebral, Inc. was founded in 2020 by Kyle Robertson and Ho Anh to offer online mental health care through a subscription model pairing patients with therapists and prescribers via a mobile app and website.

The company grew rapidly during the COVID-19 pandemic, reaching a reported $1.2 billion valuation in mid-2021 and a reported $4.8 billion valuation by the end of that year, before facing regulatory scrutiny over its prescribing practices for controlled substances and a subsequent leadership change.

Since 2024, Cerebral has settled federal claims related to data privacy and prescribing practices, changed chief executives once (David Mou to Brian Reinken in March 2025), and begun acquiring smaller behavioral health providers as part of a strategy to broaden its clinical offerings.

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