Denver-based The Collective Integrated Behavioral Health has announced an impressive $11 million raise, marking its second successful funding round in just two years. This milestone underscores the company’s growing influence in the outpatient behavioral health space and highlights the momentum behind The Collective Integrated Behavioral Health expansion, signaling a strategic phase of growth that reaches far beyond its Colorado roots.
Founded in 2019 by CEO Evan Lengerich, The Collective has steadily evolved into one of the most dynamic hybrid behavioral health providers in the country. With in-person and telehealth offerings that include individual and group therapy, psychiatry, and yoga therapy, The Collective’s model blends accessibility with innovation — a formula that’s driving both patient engagement and investor confidence.
Expanding Beyond Colorado
At the heart of The Collective Integrated Behavioral Health expansion is a clear ambition to establish a national footprint. The company recently acquired a practice in New York City’s Union Square, marking its first foray into one of the most competitive behavioral health markets in the country. This move, coupled with the company’s presence in Texas and Maryland, demonstrates its intention to bring its unique care model to diverse populations across the U.S.
Currently, The Collective operates six offices in Colorado, and CEO Evan Lengerich has indicated that plans are already underway to open between 10 and 15 additional locations in the New York tri-state area. This aggressive growth strategy reflects a broader industry trend — behavioral health providers are scaling rapidly to meet the surging demand for mental health services nationwide.
Making the Most of Real Estate Investments
An important part of The Collective Integrated Behavioral Health expansion involves its focus on creating high-quality, consumer-friendly clinical spaces. Rather than owning facilities outright, the company leases Class A and Class B office spaces — many of which were formerly accounting or law offices — to offer patients a more professional and comfortable environment.
This strategy reflects a growing movement among behavioral health operators to optimize investment dollars through leasing rather than property ownership. By choosing identifiable, customer-centric real estate, The Collective positions itself as both accessible and premium — a balance that appeals to clients seeking care that feels both approachable and high-end.
Strategic Leadership and Market Growth
The company’s leadership team continues to evolve alongside its national reach. In November, The Collective hired Darcie Surinak as Market President to support its expanding operations. As the organization grows across multiple states, strong leadership will be key to maintaining its standard of care and operational consistency.
This leadership move also signals a deeper level of organizational maturity — a common phase for fast-scaling healthcare startups. As The Collective Integrated Behavioral Health expansion continues, building a team of seasoned executives will be vital to sustaining long-term growth.
Funding Momentum and Market Context
The Collective Integrated Behavioral Health expansion comes amid an active period for investment in behavioral health. Although the massive surge seen in 2021 has cooled somewhat, interest remains robust. In fact, The Collective’s latest $11 million raise follows a $16 million funding round just a year earlier, illustrating investor confidence in its model and growth potential.
Other recent investments in the behavioral health space include Muir Wood, a youth residential behavioral health provider, which secured private equity funding, and Array Behavioral Care, which raised $25 million in a round led by CVS Health Ventures. Even digital mental health continues to see strong interest, with ADHD self-management app Inflow receiving international backing.
This broader context reinforces that behavioral health remains one of the most attractive sectors for investors seeking both financial returns and social impact.
The Role of Denver in Behavioral Health Innovation
Denver has quietly become a hub for behavioral health innovation, and The Collective Integrated Behavioral Health expansion highlights why. Alongside The Collective, other Denver-based providers like Soar Autism Center have also raised significant capital — Soar recently secured $16 million to support its footprint expansion.
These developments point to a thriving ecosystem of behavioral health entrepreneurship emerging from the region. Denver’s combination of healthcare expertise, access to capital, and strong community focus makes it an ideal launching pad for national growth.
What the Future Holds for The Collective
While The Collective has not disclosed specific details about how its latest investment will be allocated, its actions suggest a continued emphasis on facility expansion, clinical hiring, and operational infrastructure. If its current growth trajectory continues, The Collective Integrated Behavioral Health expansion could serve as a blueprint for other mid-sized behavioral health providers seeking to scale sustainably.
Lengerich’s approach — combining patient-centered design with scalable operations — sets The Collective apart in a competitive field. As more organizations look to balance compassionate care with efficient business models, The Collective’s path offers valuable lessons in strategic growth and innovation.
A New Era in Behavioral Health Accessibility
Ultimately, The Collective Integrated Behavioral Health expansion represents more than just another funding announcement. It reflects a growing recognition that mental health care should be as accessible, professional, and client-focused as any other healthcare service. By blending modern clinical settings, telehealth flexibility, and a thoughtful expansion plan, The Collective is redefining what outpatient behavioral health can look like in the modern era.
As investment continues to flow into behavioral health, companies like The Collective are setting new standards for how integrated care is delivered — not just in Colorado or New York, but nationwide.
