Friday, February 1, 2019

Kadiant Raises $300M For Autism Spectrum Disorder Support

San Francisco-based Kadiant, a new startup focused on providing services to individuals diagnosed with autism spectrum disorder (ASD), has scored $300M in equity from private equity investor TPG Capital. According to TPG and Kadiant, Kadiant is led by Lani Fritts, a veteran of the behavior health industry. TPG Capital said it has committed $300M in equity to support Kadiant, with Fritts serving as Chief Executive Officer. Vida Ventures also participated in the funding round. Fritts previously founded Trumpet Behavioral Health, a provider of ABA therapy for children, adolescents, and adults with ASD.