Telebehavioral Health Provider TimelyMD Secures $60 Million Investment to Expand College Student Mental Health Access

TimelyMD has secured a $60 million investment from JMI Equity, positioning the Fort Worth, Texas-based telebehavioral health provider for accelerated expansion as college campuses nationwide grapple with unprecedented student mental health crises exacerbated by pandemic-related stress, social isolation, and academic disruption. The growth equity investment from the software-focused firm brings TimelyMD’s total funding to $65.7 million according to fundraising tracking platform Crunchbase, reflecting investor recognition that college student populations represent a critical market segment requiring specialized mental health solutions that traditional campus counseling centers struggle to provide given capacity constraints, limited operating hours, and staffing shortages that have intensified as student demand has surged.