Allswell raises $7M seed round led by Rethink Impact to expand LGBTQ+ behavioral health services with insurance coverage across new markets.
Amount Raised
$7 Million
Round Type
Seed
San FranciscoHealth CareMedicalInvestors
Description
Allswell, a behavioral health company built for the LGBTQ+ community, announced a $7 million seed round led by Rethink Impact, with participation from Magnify Ventures, Ulu Ventures, and Hopelab Ventures. The round brings total funding to $8.3 million, following a $1.3 million pre-seed. Allswell offers virtual therapy, group programs, and trauma-informed care covered by commercial insurance and Medicaid. The company plans to expand beyond Washington, DC, Maryland, and Virginia, build out clinical training programs, and add psychiatric medication management services.
Quick answer
Allswell raised $7 Million in a Seed round, dated October 14, 2026. Investors: Techstars, Hopelab Ventures, Rethink Impact, Magnify Ventures, Ulu Ventures and Amboy Street Ventures. Allswell is based in San Francisco, California, United States.
- How much did Allswell raise?
- Allswell raised $7 Million in a Seed round on October 14, 2026.
- Who invested in Allswell?
- Techstars, Hopelab Ventures, Rethink Impact, Magnify Ventures, Ulu Ventures and Amboy Street Ventures are named as investors in this round.
- What does Allswell do?
- Allswell is a behavioral health company built specifically for the LGBTQ+ community, offering one-on-one virtual therapy, group programs, and trauma-informed care covered by commercial insurance and Medicaid.
- Where is Allswell based and how big is it?
- Allswell is based in San Francisco, California, United States.
Source: Fundz verified event record.
Who else raised in Medical and Health Care around the same time
Companies in the same sectors as Allswell that raised within 45 days of this round, from Fundz verified event records.
- Vumedi raised $140M (Series B) on November 13, 2026.
- Duet raised $15M (Series A) on November 12, 2026.
- Skribe Medical raised $1.6M (Pre-Seed) on November 12, 2026.
- Orakl Oncology raised $34M (Series A) on November 12, 2026.
- Charta Health raised $55M (Series B) on November 10, 2026.
- EnVision Endoscopy raised $12M (Series A) on November 10, 2026.
Who to call at Allswell, and when
A new round usually means Allswell is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Allswell raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Allswell, from your own LinkedIn network
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Allswell raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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