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Autism provider Cortica secures $75M funding round, acquires 2 companies

Cortica has secured $75 million of investment and acquired two companies, expanding its footprint across the U.S.

The San Diego-based whole-child pediatric autism and neurodevelopment care provider now operates 23 centers following its acquisition of Trumbull, Connecticut-based Springtide Child Development and Scottsdale, Arizona-based Melmed Center.

Deerfield Management and Optum Ventures led the round. New Cortica investors include RA Capital and Echo Health Ventures. Existing investors also participated in the round, including Longitude Capital, .406 Ventures, Questa Capital, Ajax Health, Aperture Venture Partners, and the Autism Impact Fund.

Read more at Behavioral Health Business.