Everbright Health Secures $7Mn Seed Funding to Expand Psychiatric Care Platform

The funding will support the company’s efforts to help psychiatrists, psychologists, and therapists deliver advanced interventions such as Transcranial Magnetic Stimulation (TMS) alongside traditional therapy and medication.

Everbright Health, a managed services platform for mental health providers, has raised $7 million in seed funding from W Health Ventures and Sanos Capital.

The funding will support the company’s efforts to help psychiatrists, psychologists, and therapists deliver advanced interventions such as Transcranial Magnetic Stimulation (TMS) alongside traditional therapy and medication.

“Millions of patients don’t achieve full recovery through talk therapy or medication alone,” said Ben Kuhn, Co-founder and CEO of Everbright Health. “We’re building a future where every mental health provider can deliver a full spectrum of care.”

The company’s platform combines proprietary technology with an AI-powered operations team split between the US and India. The system assists mental health practices in identifying eligible patients, managing prior authorizations, and handling compliance, treatment delivery, and revenue cycle management.

Within three months of launch, Everbright Health said it had signed contracts with more than 75 behavioral health providers across seven US markets. The company plans to use the new funding to expand its technology platform, accelerate its US rollout, and introduce new therapy areas using similar operational models.

Operational Model and Investor Perspective

Everbright Health allows clinicians to integrate advanced treatments without building costly infrastructure. “We’re bullish on the asset-light management services model because it enables true partnerships with clinicians,” said Dr Pankaj Jethwani, Managing Partner at W Health Ventures. “With remarkable outcomes and growing demand, these treatments are on the cusp of becoming mainstream, poised for their own ‘GLP-1 moment’ of adoption.”

Everbright Health operates as a division of Careforce Inc., with its India-based team managing clinical operations, technology development, and workflow optimization.

The platform aims to bridge the infrastructure gap in advanced psychiatric care, offering scalable solutions that support clinicians in delivering both traditional and advanced therapies effectively.

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