Investing

The new funding round brings the company's valuation to $4.6 billion. 

The company said the latest round brings its total raise to $47 million.

This IPO comes roughly a year after the company closed a $25 million SPAC. 

The company will cater to individuals with serious mental illness and severe depression. 

Also: Pediatric sleep app Huckleberry raises $12.5 million, and illumigyn, maker of a platform for remote gynecological imaging, brings in $33 million.

This week's top stories include the CMS ups penalties for hospitals ignoring the price transparency rule, the ATA and other groups ask Congress to safeguard telehealth for workers, and senior assistance company Papa raises $150 million in Series D funding.

The company said its valuation is now $1.4 billion.

The latest round follows a $14 million Series B raise from 2019.

The company said the Series B brings its total raise to $20 million.

The company plans to put the new funds towards building out its platform.