Array Behavioral Health — previously known as InSight + Regroup — has scored a $24 million growth equity investment led by Wells Fargo Strategic Capital, according to a press release announcing the news. InSight + Regroup was formed in Dec. 2019 as the result of a merger between InSight Telepsychiatry and Regroup Telehealth. The deal created the largest telepsychiatry provider in the nation, just before the pandemic prompted a virtual behavioral health care boom in 2020. In addition to Wells Fargo Strategic Capital, Health Velocity Capital and several existing shareholders also contributed to the investment, according to the press release.
Read the full article: After Rebranding, Array Behavioral Health Scores $24M Growth Equity Investment //
Source: https://bhbusiness.com/2021/02/09/after-rebranding-array-behavioral-health-scores-24m-growth-equity-investment