Tensions mount at troubled mental-health startup Cerebral as another investor files a lawsuit

Tensions mount at troubled mental-health startup Cerebral as another investor files a lawsuit

Infighting is escalating at mental health startup Cerebral, and two of the company’s backers are now suing each other. WestCap publicly filed a lawsuit in Delaware on Friday accusing Access Industries, an investment firm founded by billionaire Len Blavatnik, of costing Cerebral hundreds of millions of dollars in value. The new legal action is a … Read more

Aetna Cancels In-Network Contract With Mental Health Startup Cerebral

Aetna Cancels In-Network Contract With Mental Health Startup Cerebral

The executive director and medical director of Cerebral, David Mou. Cerebral Health insurer Aetna is canceling its in-network contract with Cerebral in August, the mental health startup’s CEO told employees Wednesday. “We received notice from Aetna of their decision to terminate our provider contract without cause and discontinue coverage of Cerebral’s services, effective August 21, … Read more