Read the full article by By Vipal Monga in the Wall Street Journal VC Pro
Boston-based growth-equity firm Volition Capital is leading a $13 million Series A funding round for behavioral health company Sensible Care, betting on continued demand for telehealth services.
Sensible Care, based in Santa Ana, Calif., was co-founded in 2017 by U.S. Army veteran Paul Kim, who joined the military after the Sept. 11, 2001, terrorist attacks, and served one tour of duty in Iraq.
Mr. Kim said he suffered from post-traumatic stress disorder after his return. He struggled to find mental-health care that was covered by insurance, which he said prompted him to launch Sensible several years later.
Read more on why Volition invested in Sensible Care here.