Exbo Group served as Fort Health’s finance team during their recent $5.5M raise. Fort Health plans to use the funds from this raise to expand into Texas and Illinois in January 2025, through a partnership with Novawell.

The round was led by venture capital firms Twelve Below and Vanterra. This raise brings Fort Health’s total amount raised to $16 million.

CEO of Fort Health, Natalie Schneider, said, "pediatricians are the most trusted relationship in family healthcare, yet they are overwhelmed by patients with mental health issues and very few have completed a child and adolescent psychiatry rotation or have the training to treat these conditions. We have built our model to ensure that the pediatrician is central to the care team."

Fort Health offers therapy, psychiatry and parent coaching in New Jersey, New York and Pennsylvania through a collaborative care model that includes patients’ pediatricians. The provider plans to continue moving into two to four new states a year while growing density in its existing markets.