Funding profile · Women’s mental health, telehealth
LunaJoy Health
Two rounds totaling $6.6 million, announced in 2023 and 2024, from a stable group of seed investors. No Form D has surfaced under the company’s name in SEC EDGAR, so everything on this page comes from company and press announcements rather than filings.
Data as of September 25, 2026. Company-reported figures are labeled.
Rounds at a glance
| When | Round | Amount | Investors | Source |
|---|---|---|---|---|
| Oct 2021 | Company founded, per co-founder | Not applicable | Sipra Laddha, MD and Shama Rathi, MD | Interview |
| Winter 2022 | Y Combinator batch | Not disclosed separately | Y Combinator | YC data |
| Jan 2023 | Seed | $2.4M | FoundersX Fund, Goodwater Capital, Magic Fund, VentureSouq, Nurture Ventures, NorthSouth Ventures, healthcare angels including Emmeline Ventures | Company release |
| Apr 2024 | Round described as new funding, not a priced Series A | $4.2M | Y Combinator, FoundersX Fund, Goodwater Capital, Magic Fund, VentureSouq, Nurture Ventures, NorthSouth Ventures | Company release |
| As of Apr 2024 | Cumulative total | $6.6M | Same investor group across both rounds | Company-reported |
What the filings show
Nothing. No SEC Form D notice for LunaJoy Health, LunaJoy Inc, or a related entity name appears among the records compiled for this profile, and no EDGAR filing mentioning the company as a related investment vehicle was found either. That is unusual for a company that has raised institutional venture money across two announced rounds, since a Form D is normally due within 15 days of a first sale of securities under Regulation D. Possible explanations include an exempt offering structured to avoid Regulation D entirely, a filing under a legal entity name that does not match LunaJoy’s public brand, or a filing this profile’s sources did not capture. Readers should treat the funding figures below as announced amounts, not filed ones.
Reading the record
- The two announced rounds add up exactly to the reported total.$2.4 million (January 2023) plus $4.2 million (April 2024) equals $6.6 million, which matches the cumulative figure the company gave reporters in April 2024. That internal consistency suggests these two rounds are the whole of LunaJoy’s reported outside funding, with nothing undisclosed layered underneath.
- The April 2024 raise was not called a Series A, on purpose.Co-founder Shama Rathi told Endpoints News that LunaJoy had already hit the revenue metrics it needed for a Series A and decided to skip the formal process, closing the round in two to three weeks instead of the usual six months. That is consistent with the round being priced quickly among existing backers rather than shopped to new lead investors.
- The investor list barely changed between rounds.FoundersX Fund, Goodwater Capital, Magic Fund, VentureSouq, Nurture Ventures and NorthSouth Ventures are named in both the January 2023 seed announcement and the April 2024 announcement, with Y Combinator added the second time. That pattern reads more like an inside round from the same backers than a new syndicate being assembled.
- An earlier, smaller figure does not reconcile.A January 2023 Femtech Insider article, reporting on the same seed close, referenced the company “raising $1.9M within a month of” the founders joining Y Combinator, a figure that does not match the $2.4 million seed amount or fit cleanly into the $6.6 million cumulative total reported 15 months later. No later correction or clarification was found.
- The absence of a Form D is itself a data point.Companies raising exclusively through SAFEs converted later, or through an offering that falls outside Regulation D, can legitimately have no Form D on file even after taking institutional money. Absent a filing, there is no independent, dated confirmation of the amounts actually sold, the number of investors, or whether the full offering amount was ever raised.
Commercial signals
| Signal | Detail | Source type |
|---|---|---|
| Medicaid contract | CareSource, covering more than 450,000 Georgians, announced a partnership in March 2024 to screen and treat high-risk Medicaid mothers in Georgia. | Partner-confirmed |
| Commercial payer network | In-network with Cigna, Aetna, Humana and Magellan as of 2023; Cigna, Aetna, Blue Cross Blue Shield and regional plans plus Medicaid and Medicare plans as of 2024, per the CEO. | Company-stated |
| Platform product | LunaCare, an integrated behavioral health care management platform for health systems and payer networks, launched April 2024 alongside the $4.2 million raise. | Company-stated |
| State footprint | 17 states reported in January 2023; “more than a dozen” with plans to add eight more reported in April 2024; about 12 states plus D.C. per an independent review published January 2026. | Inconsistent over time |
| Clinical workforce | 15 staff and 25 clinicians reported in January 2023; the company’s own careers page states “over 50 providers” as of this profile. | Company-stated |
What to watch
- Whether a Form D or any SEC filing ever appears under LunaJoy’s name.
- An updated funding total beyond the $6.6 million reported as of April 2024.
- Whether the CareSource-style Medicaid managed care contract gets replicated in states beyond Georgia.
- A reconciled, dated count of the states where LunaJoy is actually licensed and booking appointments.
The LunaJoy Health story on Healthcare DiscoveryHealthcare Discovery
Related companies
Sources
- IndependentLunaJoy nabs $4.2M to roll out integrated maternal mental health program with partners
- IndependentLunaJoy Health Adds $4.2M in Funding; Launches ‘LunaCare’ for Women’s Mental Health
- IndependentLunaJoy Health Secures $4.2M In Funding
- IndependentLunaJoy Raises $2.4M in Seed Funding for Its Virtual Clinic Focused on Women’s Mental Health
- IndependentArmed with $2.4M seed funding, the physicians behind LunaJoy are bringing a mental health counseling platform to more women
- IndependentCareSource and LunaJoy Health Partner to Increase Access to Maternal Mental Health Care
- IndependentLunaJoy Review 2026: Pros & Cons, Cost, & My Experience
- Public recordSEC EDGAR company and Form D search, no matching filing found for LunaJoy Health
- CompanyLunaJoy Health company page
- CompanyLunaJoy Launches LunaCare to Set a New Standard for Maternal Mental Healthcare, repost of Fierce Healthcare and Endpoints News reporting
Compiled from SEC EDGAR searches and published reports as of September 25, 2026. No Form D notice for LunaJoy Health was located; figures on this page are announced amounts, not filed ones, unless noted otherwise. Healthcare Venture Capital Fund holds no position in LunaJoy Health. This page is not an offer to sell or a recommendation to buy any security.