HelloHero Lands Growth Funding Package From Decathlon Capital Partners

Growth debt solution will support expansion of the rapidly growing family behavioral health company

NEW YORK, Feb. 5, 2025 /PRNewswire/ -- HelloHero, a leading provider of technology-powered mental health and behavioral care, has secured a multi-million dollar investment package from Decathlon Capital Partners. The funding will enable HelloHero to expand its service capabilities, support more school districts, and extend its reach into new geographies, ensuring that HelloHero can continue delivering accessible, personalized care to communities in need.

Founded in 2017, HelloHero has a mission to strengthen communities through innovative behavioral health solutions. The company provides mental health services to individuals, families, and schools, without waitlists, seven days a week. By accepting insurance and offering flexible scheduling, HelloHero removes traditional barriers to care and ensures clients receive the support they need when they need it.

Syed Mohammed, Chief Executive Officer and Founder of HelloHero, said his personal experiences shaped his vision for the company. "Growing up with dyslexia and witnessing my mother struggle with anxiety, I saw firsthand how a lack of access to appropriate care can impact lives," Mohammed said. "This inspired me to create a service that combines technology and goal-oriented therapy to make affordable, effective behavioral health care accessible to everyone. It's my life's dream to build something meaningful that positively impacts communities for generations to come."

HelloHero will repay its investment from Decathlon Capital Partners through its future revenues, thanks to the dilution-free, custom-created funding package.

Kevin Grossman, Vice President of Decathlon Capital Partners, emphasized the importance of HelloHero's mission. "HelloHero's approach to behavioral health is transformative, blending technology and compassion to address the growing need for accessible mental health care," Grossman said. "We're thrilled to be supporting their expansion as they bring their services to new school districts and communities nationwide."

About HelloHero
HelloHero provides innovative, technology-powered mental health and behavioral care services for students, staff, and families through school districts. With no waitlists, flexible scheduling, and insurance acceptance, HelloHero ensures accessible, personalized care for everyone. Dedicated to strengthening communities, HelloHero's team of licensed professionals work to address the diverse needs of clients across the country. Learn more at www.hellohero.com.

About Decathlon Capital Partners
Decathlon Capital Partners provides growth capital for companies seeking alternatives to traditional equity investment. Through the use of highly customized growth-debt financing solutions, Decathlon provides long-term growth capital without the dilution, loss of control and operational overhead that often comes with equity-based funding. With offices in Palo Alto and Park City, Decathlon is the largest revenue-based funding investor in the U.S. and is active across a wide range of sectors. Learn more at www.decathloncapital.com.

SOURCE HelloHero