Precise Behavioral Secures $14.2 Million Funding

Physician-led behavioral health company Precise Behavioral raised $14.2 million in venture funding led by A1 Health Ventures.

The Los Angeles-based company says it is already profitable and will use the capital to expand services and its digital SaaS products.

It also plans to accelerate AI development and scale its tech-enabled care model across virtual and in-person care.

The funding could help broaden adoption among health systems and academic medical centers.