SpectrumAi raised $20 million in Series A funding, with investment led by CVS Health Ventures.
The funding will help the startup push its applied behavior analysis (ABA) electronic health record, Twyll, and Patterns, its network analytics platform, Behavioral Health Business reports.
CVS Health Ventures has made a slew of behavioral health tech-related venture investments over the last year. Other investors in the Series A round for SpectrumAi include Cobalt Ventures, with follow-on investments from seed investors F-Prime, Frist Cressey and the Autism Impact Fund.
SpectrumAi seeks to improve data capture and bring objective measurement to ABA therapy in the autism space, a corner of the behavioral health industry that widely lacks standardization and objective measures. Read more.
