Mindoula, a behavioral health company based in Silver Spring, Maryland, said on July 21, 2026 that it had acquired Valera Health, a virtual mental health provider, and Janus Healthcare Partners, a psychiatric collaborative care company. The terms of both deals were not disclosed.
Valera brings a behavioral health provider group of more than 300 clinicians working across several states. Mindoula said it would integrate the two organizations over the coming months while keeping services running for partners, clinicians and patients.
Behavioral Health Business reported that it was not clear when the deals closed. The publication said Valera and Janus were the third and fourth acquisitions Mindoula has made since it was founded in 2013, after Care at Hand and 180 Health Partners.
What Valera Health built
Valera was founded in 2015 and is based in Brooklyn, New York. It offers virtual mental health care to people aged 12 and older, including individual and group therapy, psychiatry and medication management, and works with health plans, primary care practices and health systems.
The company focused on patients with acute and serious needs. Mindoula described it as a national leader in acute virtual behavioral health, with programs in suicide risk reduction, dialectical behavior therapy (DBT) and serious mental illness (SMI). Behavioral Health Business reported in 2025 that Valera employed its clinicians as staff rather than contractors.
Valera was an acquirer itself before this deal. In May 2025 it bought Vita Health, a New Haven, Connecticut digital suicide prevention startup focused on teenagers and young adults, in a merger of the two companies' equity.
“The combination of Mindoula, Valera, and Janus gives both our existing partners and new partners the opportunity to work with a single behavioral health provider that can power their whole person care initiatives across all their service lines.”
The funding
Valera raised a $15 million Series A extension led by Windham Venture Partners in 2021, followed by a $44.5 million round in 2022, according to Behavioral Health Business. The publication reported in 2025 that Valera had raised about $79.5 million since its founding, and that in April 2024 it told the SEC it had raised $9.1 million of an $18.2 million equity round.
Valera's chief executive at the time of the sale was Ralph C. Derrickson. The company was co-founded by Dr. Thomas Tsang, who led it until Craig Albright took over as chief executive in May 2023, Behavioral Health Business reported.
"This combination accelerates our entry into value-based care and brings our large evidence-based team and bundled clinical offerings for SMI, DBT, and suicide risk reduction into an enterprise that can help us scale and expand to drive positive behavioral health outcomes in the context of whole-person care," Derrickson said.
Why Mindoula is buying
Mindoula provides around-the-clock virtual and in-person behavioral health care and support, delivered by multi-disciplinary teams, for complex and rising-risk patients on behalf of health plans, health systems, provider groups and hospitals. Its own programs cover suicide prevention, serious mental illness, substance use disorder and interpersonal violence reduction.
The company said adding Valera's clinician group to its existing outpatient operations would let it extend its behavioral health network nationwide and contract under both fee-for-service and value-based care models. Janus adds a collaborative care model, developed by the AIMS Center at the University of Washington, that brings psychiatric support into primary care practices.
Founder and chief executive Steve Sidel said health plans, health systems and hospitals increasingly want behavioral health providers that can serve the full range of complex patients and are willing to take on risk-based contracts. He said the combination gives partners a single behavioral health provider across all their service lines.
Janus joins too
Janus Healthcare Partners works with health systems, physician groups, accountable care organizations and other providers, supplying the clinical staff, care management and technology needed to deliver psychiatric collaborative care to their patients.
Nicholas Tcherepnin, Janus's co-founder and chief executive, said joining Mindoula would let the company offer the full continuum of care to its partners and patients, pairing its collaborative care model with psychiatry, therapy, medication management and population health expertise.
