Foley Advises Nema Health in $14.5M Series A
Foley & Lardner LLP represented Nema Health, a multi-state digital health company focused on providing intensive, evidence-based treatment for post-traumatic stress disorder (PTSD), in its $14.5 million Series A funding led by Deerfield Management alongside CVS Health Ventures. Optum Ventures, .406 Ventures, and GreyMatter also participated.
Nema Health offers effective, high-quality care to those who have suffered from traumatic events like sexual assault, child abuse, combat, pregnancy loss, medical trauma, gun violence, and more. The company partners with health care insurers to ensure coverage of its at-home PTSD and trauma recovery program.
Nema Health plans to use the new funds to continue to expand its treatment across markets, broaden insurance coverage, and continue deepening its care offerings to solidify its position as the country’s leading trauma care company.
The Foley team was led by partner Natasha Allen, special counsel Kelly Boyd, partner Thomas (T.J.) Ferrante, and associate Robin Zhang.
Foley’s Telemedicine & Digital Health Industry Team helps venture-backed and high-growth companies embrace emerging issues in virtual care, enabling them to provide innovative care for patients in new markets around the block and around the world. The firm is committed to helping entrepreneurs fulfill their goals of harnessing new technology to reach patients anywhere, delivering care without borders or geographic limitations. Foley helps create fully-fledged telemedicine offerings, providing end-to-end legal services by coupling precise strategic guidance with rapid turnarounds to maintain that sense of urgency necessary to launch new initiatives and remain competitive in the marketplace.
For more information on telemedicine, telehealth, virtual care, remote patient monitoring, digital health, and other health innovations, including the team, publications, and representative experience, visit Foley’s Telemedicine & Digital Health Industry Team.