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Birches Health

7 known investors

Birches Health provides confidential virtual treatment for people struggling with gambling, sports betting, or trading addictions. Its clinical program was designed by specialists in gambling-specific care and delivers personalized treatment remotely.

Also known as Birches

Founders & leadership

CG
Cynthia GrantVice President of Clinical

Investors Β· 7

Also in the syndicate Β· 1

defy.vc

Funding

SEC filings, press & company announcements

Source: company announcements and press reports β€” follow each round's link for the claim.

Company profile

researched Aug 2026

Birches Health is a New York City-based digital behavioral health company that delivers virtual, specialized treatment for gambling disorder and other compulsive or process addictions, including sports betting, casino gambling, lottery play, day trading and cryptocurrency speculation, video gaming, pornography, sex, and internet addiction. Services are available in all 50 US states and include clinical assessment, one-to-one therapy, group therapy, family and couples therapy, resilience programming, and peer recovery support.

Each client is assigned a multidisciplinary care team that can include a licensed gambling disorder therapist, a peer support mentor with lived recovery experience, a group session leader, a financial wellness coach, and a family or couples therapist. The clinical program is built on Cognitive Behavioral Therapy and Motivational Interviewing, with a core course of treatment typically completed in roughly 12 weeks across assessment/goal-setting, skills-building, and transition phases; graduates receive free ongoing access to the Birches Recovery Network community. Intake begins with insurance verification and therapist matching.

The company also operates a provider-side network, recruiting licensed therapists, covering the cost of specialized accreditation, supplying client acquisition and administrative work, and offering supervision hours and a 30-hour asynchronous gambling-specific training program certified by the IPGGC. Birches Health states it is a member of and partner to the National Council on Problem Gambling.

Founding story

Birches Health was founded by CEO Elliott Rapaport, previously an early executive at digital health company Elemy. According to AlleyCorp, his motivation came from college friends who had lost money to casino and online sports betting, classmates unable to find providers in Western Massachusetts capable of treating gambling addiction, and time spent attending Gamblers Anonymous meetings in New York City. The clinical program was created by a team with decades of experience in gambling-specialized care.

Business model

Birches Health delivers care directly to individuals through a virtual platform while contracting on the supply side with independent licensed clinicians, whom it trains, certifies and supplies with clients and non-clinical support. Demand is sourced substantially through institutional channels β€” state government programs in jurisdictions with legalized sports betting and national insurance plans β€” rather than relying solely on digital advertising or word of mouth.

Care is billed to health insurers and government payers; the company reports partnerships with more than 100 payers and 18 or more state governments. Clinical assessments and ongoing one-to-one therapy sessions are billed to government programs or insurance, while group sessions were described as not currently monetized. Cash-pay and sliding-scale options are also offered; the company states most clients pay $0-$25 per session and that more than 90% of patients pay nothing out of pocket.

Traction

The company reports operations in all 50 states, more than 100 payer partnerships and 18 or more state government partnerships. Published outcome figures include an 81% decrease in problem behaviors after nine appointments, a 98% decrease in gambling's interference with normal activities at program graduation, 85% of clients improving after nine sessions, 96% of clients reporting increased quality of life, and 94% rating the service 5/5 stars. Total disclosed funding reached $20 million as of September 2025.

Latest developments

In September 2025 Birches Health disclosed $20 million in total funding, including a $10 million Series A led by AlleyCorp that closed in August 2025. Management said the capital will fund expansion of the provider network, specialized clinician training, clinical outcomes measurement, and additional payer relationships with private health plans and state health agencies, and that the company will begin treating adjacent digital disorders such as gaming, pornography, and internet addiction.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Birches Health positions itself as a leading US digital provider of gambling addiction treatment and claims to have assembled the largest network of specialized clinicians in the country, as well as being one of a small number of clinical programs internationally holding IPGGC-certified training credentials. Its investor AlleyCorp describes it as America's leading provider of gambling addiction treatment. Kindbridge Behavioral Health, which raised $5.4 million in 2025 for a gambling and gaming addiction treatment platform, operates in the same segment.

The company focuses exclusively on gambling and adjacent behavioral addictions rather than general mental health, staffing clinicians who complete IPGGC-certified gambling-specific training; 19 states require special certification and licensure for therapists to be reimbursed from public funds. It pairs therapy with financial wellness coaching and peer mentorship, and reaches patients through state and payer relationships that reduce financial and geographic barriers to care.

Technology

The service is delivered as a fully virtual, confidential telehealth platform using secure video sessions, with online insurance verification, digital intake questionnaires, free self-assessment tools for problem gambling, and therapist matching. The company has said it intends to deepen its ability to track and act on clinical outcomes.

Go-to-market

Distribution runs through contracts with state health entities in states that have legalized sports betting and through in-network relationships with private health plans, supplemented by direct-to-consumer web intake including a free confidential gambling self-test, insurance verification, a clinician referral pathway, and a phone/email enrollment team. The company also recruits clinicians into its network by covering certification costs and handling client acquisition and administration.

Adults in the United States experiencing gambling disorder and related behavioral addictions β€” sports bettors, casino and lottery gamblers, day traders and crypto speculators, and people with video gaming, pornography, sex, or internet addictions β€” plus their families and partners. On the supply side, the company targets licensed therapists seeking gambling-specialty certification and supervision hours; on the partner side, state health agencies and private health plans.

Geography

Headquartered in New York City, with fully virtual services available across all 50 US states. The company's clinical director was awarded the first contract from the state of Arizona to work with problem gamblers and the company remains contracted with that state.

History

AlleyCorp states Birches has been building its digital health platform since 2023. A seed round led by General Catalyst closed in December 2023, and a $10 million Series A led by AlleyCorp closed in August 2025; the combined $20 million was announced publicly on 16 September 2025. Alongside the Series A, the company said it would extend treatment into adjacent digital disorders such as gaming, pornography and internet addiction.

Risks & controversies

Reimbursement depends on payer and state government contracts, and 19 states require specialized certification and licensure before therapists can be reimbursed from public funds, creating a credentialing dependency for the provider network. Reported clinical outcome and satisfaction statistics are company-supplied rather than independently verified. Demand is tied to the expansion of legalized sports betting following the 2018 US Supreme Court decision, and the company operates in a segment with at least one other venture-funded competitor.

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Clients improving after 9 sessionsJan 202585%
Clients rating Birches 5/5 starsJan 202594%
Clients reporting increased quality of lifeJan 202596%
Clinician training program lengthSep 202530 hours
Core program lengthJan 202512 weeks
Patients paying $0 out of pocketJan 202590%
Payer partnershipsSep 2025100 payers
Reduction in gambling interference with normal activities at program graduationSep 202598%
Reduction in problem behaviors after 9 appointmentsSep 202581%
State government partnershipsSep 202518 states
States servedSep 202550 states
Total disclosed fundingSep 2025$20M
Typical out-of-pocket cost per sessionJan 2025$0-$25 per session depending on insurance plan

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 2

launches, deals, and filings
Sep 2025
Birches Health publicly announces $20M raised across seed and Series A rounds

Birches Health disclosed $20 million raised across two rounds: a seed round led by General Catalyst that closed in December 2023 and a $10M Series A led by AlleyCorp that closed in August 2025. Other participants included Will Ventures, defy.vc, Haystack and Operator Partners. Proceeds are earmarked for expanding the provider network, clinician training, clinical outcomes tracking, and additional payer relationships with private health plans and state health entities.

$20M source β†—

Sep 2025
Expansion into adjacent behavioral addictions

Following the Series A, the company stated it would begin treating adjacent digital disorders including gaming, pornography, and internet/online addictions.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Birches Health do?
Birches Health is a US virtual, insurance-covered treatment provider for gambling and other behavioral addictions.
Who are Birches Health's investors?
Birches Health's investors include AlleyCorp, Black Jays Ventures, City Light, Defy Partners, General Catalyst, Will Ventures.