InStride Health gets $30M investment

One area of focus is Maine
Two years after its launch, startup pediatric mental health company, InStride Health, announced the closing of a $30 million funding round. The money, raised from healthcare investors, will be used primarily towards research and development initiatives, said co-founder Kathryn Boger, Ph.D., with a goal of ensuring that the company maintains clinical quality as it expands.
"The $30M investment in the company comes from healthcare investors who have a deep understanding of and appreciation for clinical quality in achieving a company's mission and in producing a meaningful return on investment," said Boger, who co-founded the company along with former McLean Hospital colleague Mona Potter, M.D., John Voith, CEO and J...