Everbright Health raises $7 Mn in seed round led by W Health Ventures

Everbright Health, a managed services platform for mental health providers, has raised $7 million in a seed funding round led by W Health Ventures and Sanos Capital.

The proceeds will be used to expand its technology capabilities, accelerate market growth in the US, and introduce similar operational models for other advanced therapies.

Everbright provides end-to-end support to providers through an AI-powered operations platform that identifies eligible patients, handles authorizations, manages billing, ensures compliance, and oversees treatment delivery. The company operates an asset-light model, partnering with clinicians instead of competing with them.

The firm helps psychiatrists, psychologists, and therapists integrate advanced interventions into regular mental health care. These include FDA-approved treatments such as Transcranial Magnetic Stimulation (TMS) and SPRAVATO, which are covered by insurance but often remain inaccessible due to lack of infrastructure in clinics.

The platform combines technology and operational teams across the US and India to streamline key clinical and administrative workflows. Within three months of launch, Everbright has signed contracts with more than 75 behavioral health providers across seven US markets.