UPDATE 1-US mental health startup Headway raises $125 million at $1 billion valuation

Headway, a healthcare tech startup that connects patients and in-network therapists, has raised $125 million in Series C funding, the company told Reuters. The round of financing, which valued the company at $1 billion, was led by Spark Capital with participation from existing investors including Thrive Capital, Accel, and Andreessen Horowitz. Insurance company Health Care Service Corporation also joined the round.