How Much Did Tava Raise? Funding & Key Investors

Date August 22, 2025
T

Tava

COMPANY INFO

Tava Health, Inc. was founded in 2019 by Dallen Allred, Jason Ockey, and Spencer Gardner. It is a healthcare software company based in Salt Lake City, Utah, with approximately 143 employees. The company provides software for mental health care, offering self-scheduled online video therapy and personalized care through collaboration between psychiatrists and therapists. Their mission is to improve emotional health by delivering accessible mental health benefits for employees. The website is tavahealth.com and the industry is healthcare software and services.

How Much Did Tava Health Raise? Funding & Rounds and Investors

Tava Health is a healthcare software company founded in 2019 by Dallen Allred, Jason Ockey, and Spencer Gardner. Based in Salt Lake City, Utah, Tava Health specializes in mental health solutions for employers, providing self-scheduled online video therapy and personalized care that connects psychiatrists and therapists. With approximately 160 employees, the company’s mission is to improve emotional health by delivering accessible, high-quality mental health benefits for employees across the United States.

Tava Health funding has been robust and strategic since its inception. The company has raised a total of $33 million over four funding rounds, supported by leading venture capital and healthcare investors. Notable milestones include a significant $20 million Series B round in 2023, which enabled large-scale expansion of Tava Health’s provider network and the establishment of key partnerships with national health insurance carriers. Tava Health’s investors reflect its focus on growth, provider-centric innovation, and expanded access to digital mental health care.

Funding Rounds

Series B - $20 million - December 15, 2023

This round was aimed at bridging the gap in mental health care with a therapist-centric approach, funding further product development, provider network expansion, and robust partnerships with employers and health insurance carriers.

Series A - $10 million - December 9, 2021

The Series A round helped fund Tava Health's product development initiatives and fuel market expansion, positioning the company as a leader in digital mental health solutions for the workplace.

Seed - $3 million - May 19, 2020

Seed funding supported the initial launch of Tava Health’s mental health platform, enabling early technology development and foundational market entry.

Key Investors

Catalyst Investors

Catalyst Investors led Tava Health's Series B round, bringing growth-equity expertise and strategic guidance to accelerate the company’s expansion and innovation in the digital mental health sector.

Peterson Partners

Peterson Partners has played a vital role in Tava Health funding, participating significantly in early and growth rounds. Their investment has been instrumental in supporting product development, operational scaling, and overall company growth.

Toba Capital

Toba Capital is a key player among Tava Health investors, providing venture capital expertise and supporting Tava Health’s technological advancements and market expansion.

SpringTide

SpringTide contributed to Tava Health’s funding rounds, supporting the company’s mission to make mental health care more accessible through innovative technology solutions.

Blue Heron Capital

Blue Heron Capital backs Tava Health’s growth strategy, leveraging their knowledge in the healthcare sector to help drive the company’s expansion and operational excellence.

Rose Park Advisors

Rose Park Advisors co-led the Series A round, helping fund critical product enhancements and enabling broader market outreach to employers nationwide.

Peterson Ventures

Peterson Ventures led Tava Health’s seed round, providing the foundational investment necessary for the company’s initial launch and early market traction.

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