Nema Health, a leading solution for virtual trauma and PTSD care, announced a $14.5 million Series A funding round led by Deerfield Management alongside new participant CVS Health Ventures (CVS Health’s venture capital arm). And Nema’s existing investors Optum Ventures, .406 Ventures, and GreyMatter also participated,
Nema, which is physician- and survivor-led, designed a virtual treatment program based on Cognitive Processing Therapy (CPT), the most effective care for PTSD. And Nema’s therapy model is peer-led so that other trauma survivors are there with patients from their very first interaction through to their recovery.
Nema’s clinical approach teaches individuals how to challenge and modify belief systems related to how they see their trauma, themselves, and the world. The most powerful part of Nema’s treatment is its ability to provide rapid relief: after completing just 4-6 weeks of Nema’s intensive PTSD care, 91% of patients experience clinical improvement, and 82% no longer meet the criteria for a diagnosis of PTSD. Nema’s clinical model helps patients learn how to rebuild their relationships, intimacy, and trust in themselves and others — the cornerstones of healing after trauma.
As part of continued expansion, Nema launched its model in eight states since its 2023 launch – New Jersey, New York, Connecticut, California, Massachusetts, Pennsylvania, Florida, and Illinois – with plans to expand to many more states this year. And Nema is in-network with multiple national and regional health plans and is devoted to partnering rapidly with more health plans to improve affordability for its treatment for trauma survivors of all walks of life. The Series A funding will enable Nema to expand its therapy across markets, broaden insurance coverage, and continue deepening its care offerings to solidify its position as the country’s leading trauma care company.
KEY QUOTES:
“80% of people will endure trauma in their lifetimes – from domestic and sexual violence to child abuse, gun violence, car accidents, war, climate disasters and pregnancy loss – and 20% will go on to develop PTSD. We’ve built Nema to bring evidence-based treatment and rapid relief to trauma survivors – helping them regain strength, find long-term healing, and build big, joyful lives.”
– Dr. Sofia Noori, Co-founder and CEO of Nema Health
“While innovation from the health tech industry has flooded into other areas of behavioral health, PTSD has remained largely untouched. But Dr. Noori and the team at Nema have taught us that PTSD does not have to be a debilitating, lifelong illness – it can be treated effectively, enabling patients to begin a new chapter in their lives. Nema’s accessible virtual treatment model and team of clinicians makes healing possible for the more than 13 million Americans struggling with PTSD today.”
– Dr. Julian Harris, Operating Partner at Deerfield
