NYC-based Grow Therapy, which offers tools for mental health providers to set up virtual practices, raised a $75M Series B, bringing its total funding to $90M (Jessica Hagen/MobiHealthNews)

Emily Olsen / MobiHealthNews:
Miami-based Brave Health, a Medicaid-focused virtual mental health care provider, raised a $40M Series C, bringing its total funding to $60M  —  The company announced a $10 million Series B raise last year.  —  Virtual mental health company Brave Health scooped up $40 million in a Series C funding round led by Town Hall Ventures.

Jessica Hagen / MobiHealthNews:
Florida-based care.ai, which uses AI-powered sensors to monitor and collect behavioral data on care facility patients, raised $27M from Crescent Cove Advisors  —  The company will use the investment to deploy its technology in more healthcare facilities.  —  AI-enabled care facility …

Ana Lucía Murillo / Washington, D.C. Business Journal:
DC-based Pie Insurance, which uses data and analytics to help SMBs get insurance digitally, raised a $315M Series D, bringing its total funding to $615M+  —  Pie Insurance has raised yet another staggering round of funding to create new lines of business for the tech-enabled insurance firm.

Mike Wheatley / SiliconANGLE:
Fortanix, which offers enterprise encryption tools for data being processed, raised a $90M Series C led by Growth Equity, bringing its total funding to $122M  —  Cybersecurity startup and confidential computing pioneer Fortanix Inc. said today it has closed on a bumper $90 million round of funding …

Suzanne Smalley / CyberScoop:
Insurance giant Zurich’s $100M+ settlement to cover losses suffered by Mondelez International from NotPetya may reshape the entire cyber insurance marketplace  —  The settlement last week in a $100 million lawsuit over whether insurance giant Zurich should cover losses Mondelez International suffered …

Manish Singh / TechCrunch:
India-based Zopper, which offers insurance infrastructure APIs to banks and other financial institutions, retailers, and mobility firms, raised a $75M Series C  —  For more than half of a decade, Zopper built a platform for small and medium-sized businesses, helping merchants with invoicing …