Deals

Therapy Startup Headway to Be Valued at $1 Billion-Plus in Round

  • New York-based company said to be raising about $100 million
  • Spark Capital, Thrive, Andreessen, Accel plan to invest
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Mental-health company Headway is expected to be valued at more than $1 billion in a new funding round, according to people familiar with the matter.

The New York-based therapy-referral business is in talks to raise about $100 million from Spark Capital, Thrive Capital, Andreessen Horowitz and Accel, said the people, who asked not to be identified because the information is private.