Cartwheel Raises $20 Million Series A Funding to Tackle the Student Mental Health Crisis
Retrieved on:
Tuesday, September 26, 2023
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The funding will allow Cartwheel to expand mental health services to hundreds of thousands of new students in current service areas, as well as school districts in new states.
Key Points:
- The funding will allow Cartwheel to expand mental health services to hundreds of thousands of new students in current service areas, as well as school districts in new states.
- As a result of the shortage of mental health providers , limited insurance coverage, and long waits, schools are increasingly expected to take the lead in supporting student mental health .
- Today, when a school district partners with Cartwheel, school counselors can refer students for clinical mental health services with no waitlists.
- "Cartwheel has been a game-changer for us, allowing our students and families to access evidence-based mental health care quickly.