What does Noma Therapy do?
Noma Therapy is a Denver, Colorado‐based mental health technology startup that provides insurance-covered, virtual ketamine-assisted psychotherapy, addressing critical gaps in mental health treatment with an evidence-based protocol that combines therapy, medication management, and ketamine treatment for conditions like depression, anxiety, and PTSD.
How much did they raise?
The company raised $4.25M in a funding round, with Redesign Health acting as the lead investor. No specific series was mentioned, and there were no additional participant investors noted.
What are their plans for the money?
With the new funds, Noma Therapy plans to launch its platform in Colorado and then expand into additional states, starting with Texas, aiming to improve access to innovative mental health care solutions and address gaps in treatment for a diverse patient base.
What have they achieved so far?
The startup has already established itself as a trusted provider by being in-network with major commercial insurers, Medicare, Medicaid, and TriWest, and has secured a strategic partnership with a virtual therapy platform to enhance its service delivery.