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Simone Biles-backed mental health startup Cerebral, valued at $4.8 billion

HOUSTON, Texas – Less than two months after Olympic gymnastics star Simone Biles of Spring joins a mental health startup Brain As head of impact, the company raised $300 million in venture capital — money that brought it to a $4.8 billion valuation.

SEE MORE: Simone Biles’ emotional 2021 leads to Time Magazine’s Athlete of the Year

San Francisco-based Cerebral announced a $300 million round on December 8. SoftBank Vision Fund 2 led the Series C round, with participation from Prysm Capital, Access Industries, WestCap Group and ARTIS Ventures.
Launched in January 2020, Cerebral has raised a total of $462 million from investors, including an undisclosed amount from Biles.
For more on this story, visit our partners at Culturemap.

https://abc13.com/olympic-gymnastics-star-simone-biles-mental-health-startup/11335148/ Simone Biles-backed mental health startup Cerebral, valued at $4.8 billion

Dais Johnston

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