Allswell
San Francisco, United States
◆ Total Raised
$7M
◆ Stage
seed
◆ Location
San Francisco, United States
◆ Founded
2024
◆ About Allswell
Insurance-covered virtual behavioral health platform providing therapy and trauma-informed care for the LGBTQ+ community.
◆ What sets it apart
Its identity-centered, insurance-covered care combines LGBTQ+-affirming therapy, structured group programs, and trauma-focused treatment delivered by specially qualified clinicians.
◆ Sectors
◆ Business
Modeltransactional
CustomerLGBTQ+ individuals seeking affordable, culturally competent behavioral healthcare, including patients covered by commercial insurance or Medicaid
◆ Notable
- Raised a $7 million seed round led by Rethink Impact
- Reached $8.3 million in total funding
- Launched in spring 2025 and expanded across Washington, DC, Maryland, and Virginia
◆ Backing funds on Raise
◆ Funding rounds
15 Oct 2026
Led by Rethink Impact
With Magnify Ventures, Ulu Ventures, Hopelab Ventures, Techstars, Amboy Street Ventures
◆ Explore the market
◆ FAQ
What does Allswell do?
Insurance-covered virtual behavioral health platform providing therapy and trauma-informed care for the LGBTQ+ community.
Where is Allswell based?
Allswell is based in San Francisco, United States, founded in 2024.
How much has Allswell raised?
Allswell has raised $7M in tracked funding and is currently at the seed stage.
Who has invested in Allswell?
Investors in Allswell include Rethink Impact, Magnify Ventures, Ulu Ventures, Hopelab Ventures, Techstars and Amboy Street Ventures.