Motivo raises $2.2 million seed round to expand staff
A company that got its start in Chattanooga and now calls Atlanta home just raised $2.2 million in a seed round led by Cox Enterprises with participation by Chattanooga’s The Jump Fund, Techstars, SEI Ventures, ECMC, Great Oaks VC, Emmett Partners and Next Wave Impact Fund.
As noted in this teknovation.biz post from March 2018, Rachel McCrickard founded Motivo to help mental health professionals meet their licensing expectation. Atlanta Inno reports that the company now has three employees and plans to add more with the new funding.
“While our investors are excited about Motivo’s market size and opportunity, they are perhaps equally as excited about the impact we are having on the mental health workforce,” said McCrickard. “Many of our investors have an interest in increasing access to healthcare so they love Motivo’s ability to remove bottlenecks in the licensure process for new therapists.”
Here’s a link to the latest news.