Trek Health Raises $2.7M in Seed Funding

Trek Health, a San Mateo, Calif.-based payment and insurance workflow automation platform for mental health provider groups, closed a $2.7M Seed funding round.

The round was led by Lionheart Ventures with participation from Founder Collective, Jack and Max Altman of Altman Capital, Matt Brezina of Ford Street Ventures, Snapdocs CEO Aaron King, Okta CEO Frederic Kerrest, former Salesforce Chief Strategy Officer Clarence So, former One Medical VP of Operations Rich Menendez, and others. Trek Health’s Board of Directors will be joined by Shelby Clark, Venture Partner at Lionheart Ventures and Founder of the world’s largest car sharing marketplace Turo.

The company intends to use the funds to expand operations and its business reach.

Led by CEO and Founder Dilpreet Sahota, Trek Health provides a platform that integrates with EHR systems to give access to a suite of solutions for mental health providers including instant claim reimbursement, automatic claim generation and submissions, and payer enrollments across 900+ insurance networks. The company serves a broad set of customers across the United States including inpatient mental health rehabilitation centers, outpatient psychiatric facilities, outpatient psychotherapy facilities, and venture capital-backed mental health startups.

FinSMEs

11/09/2022