SoftBank Bet Values Autism-Care Provider Elemy at $1.15 Billion

Elemy, a provider of in-home and online pediatric behavioral care, has vaulted to unicorn status after raising $219 million in a funding round led by SoftBank Vision Fund 2.

The San Francisco-based company, formerly known as Sprout Therapy, was valued at $1.15 billion in the round, which included participation from Goodwater Capital LLC, billionaire Azim Premji’s Premji Invest, Chelsea Clinton’s Metrodora Ventures, Amity Ventures, Avidity Partners, Whale Rock Capital Management LLC and Ashton Kutcher and Guy Oseary’s Sound Ventures, according to Elemy Chief Executive Officer Yury Yakubchyk. That marks a roughly elevenfold jump from the $104 ...