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As the mental health and wellness sector grows, venture capitalists are paying attention.

Venture capital is backing more deals for mental health and wellness-based startups — and the deals are getting bigger. 

That’s according to CBInsights, which reports that since 2012, the majority of such deals for mental health technology startups have been have been early-stage (seed/angel and Series A) rounds. But with the growing maturity of the mental health and wellness sector, VCs are starting to back bigger Series A and B rounds more frequently. 

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