Positive Development Valuation, Funding & Investors
Positive Development is valued at $280M as of August 2025.
Last Positive Development valuation
$280M
Series C · Aug 2025
Last Positive Development funding round
$52M
Series C · Aug 2025
Cumulative funding Positive Development raised
$102M
across 4 funding rounds
Key investors in Positive Development
Healthworx
B Capital
Operator Partners
Flare Capital Partners
Digitalis Ventures
aMoon Fund
About Positive Development
Positive Development is a provider of mental and physical health services for children with developmental challenges including autism. Washington, DC-headquartered and founded in 2019, it employs a research-validated model emphasizing relationships among parents, caregivers, therapists, and children to foster social-emotional skills. The organization delivers applied behavior analysis therapy and family support programs across multiple US locations.
Founded
2019
HQ
Washington, DCWebsite
Status
Privately held
Customer focus
B2C
Revenue model
Services, Subscription
Valuation
$280M (Aug 2025)
Positive Development Valuation
Positive Development is currently valued at $280M, based on its Series C in August 2025.
The $52M round was led by aMoon Fund and B Capital, with participation from Digitalis Ventures, Flare Capital Partners and Healthworx.
Positive Development's valuation has moved from $280M at its Series A in November 2022 to $280M in August 2025, across 2 priced rounds.
Positive Development valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Aug 2025 | Series C | $280M |
| Nov 2022 | Series A | $280M |
Positive Development Funding History
Positive Development has raised a total of $102M across 4 funding rounds.
Positive Development's first fundraising round was a $3M seed round in April 2020. The most recent completed round was a $52M Series C in August 2025.
Positive Development funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2025 | Series C | aMoon Fund (lead); B Capital (lead); Digitalis Ventures; Flare Capital Partners; Healthworx | $52M | $280M | Positive Development is a HealthTech company headquartered in McLean, VA, founded in 2014, providing developmental therapy for autistic children and their families using a Developmental Relationship-Based Interventions (DRBI) model that integrates speech therapy, occupational therapy, and mental health therapy. The model emphasizes relationship-based care, coaching parents for meaningful interactions, and claims outcomes at 50%+ lower cost than traditional ABA therapy, with services covered by major health plans and state Medicaid programs in alternative payment and fee-for-service contracts. The company raised $51.5 million in a Series C funding round announced around July 22, 2025 (reported date on Business Wire), with the deal dated 2025-10-02 in one source, co-led by aMoon Fund, B Capital, and Flare Capital Partners, with participation from Digitalis Ventures, Healthworx, and others. One source lists a $280M valuation for this round, though lead investors differ as Oak HC/FT and Define Ventures. Funds will expand the DRBI care model into new and existing markets across states like California, Oklahoma, Texas, Maryland, New Jersey, Florida, and Illinois, invest in health plan and Medicaid partnerships, pursue value-based payment models, and advance proprietary technology and AI platform called Stanley for improved efficiency, experience, and care quality. As of August 2025, Positive Development operated in 23 service areas across eight states, serving about 1,200 clients with around 850 employees, aiming to triple its client base. The company has raised over $100 million total, including prior rounds of $50 million and $10 million in June 2024. Dr. Tomer Berkovitz from aMoon joined the board. Investors highlight the model's alignment with cost reduction and accessibility needs in autism care, positioning Positive Development as a leader in scaling developmental therapy. |
| Jun 2024 | Series B | Healthworx (lead) | $10M | - | - |
| Nov 2022 | Series A | - | $37M | $280M | Positive Development is a McLean, VA-based provider of developmental relationship-based interventions (DRBI) therapy for autistic children and families, offering an alternative to traditional applied behavior analysis (ABA) with a focus on coaching parents for meaningful interactions to improve communication, learning, problem-solving, and emotional regulation. The company operates in states including California, Oklahoma, Texas, Maryland, New Jersey, Florida, and Illinois, partnering with payers and Medicaid programs to make care more accessible and affordable while reducing total costs. The company raised $51.5M in its Series C funding round, reported with a $280M valuation, co-led by aMoon, B Capital, and Flare Capital Partners, with participation from Define Ventures, Digitalis Ventures, Healthworx (CareFirst's innovation arm), and others. This brought total funding over $100M across multiple rounds. Proceeds were allocated to expand within existing and new markets, triple services in current locations, enter 5-10 additional states, invest in proprietary technology and AI platform, deepen health plan and Medicaid partnerships, and develop value-based payment models. Post-Series C, Positive Development secured a $45M non-dilutive debt facility from Silicon Valley Bank and Pinegrove Venture Partners in early 2026 to refinance existing debt, support geographic expansion, acquisitions, and broaden access via commercial and Medicaid plans, building on partnerships like Anthem Blue Cross and Blue Shield and Oklahoma Complete Health. The company's model emphasizes lower intensity, lower cost care with strong outcomes, attracting investor confidence for scaling nationwide. |
| Apr 2020 | Seed | Operator Partners | $3M | - | - |
Who has invested in Positive Development?
6 investors have backed Positive Development across its funding rounds, including Healthworx, B Capital, Operator Partners, Flare Capital Partners, Digitalis Ventures and aMoon Fund.
Lead investors include aMoon Fund, B Capital and Healthworx.
Positive Development Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| Baltimore, MD | 2 | Lead | Jun 2024 | |
| New York City, NY | 1 | Participant | Aug 2025 | |
 Ra'anana | 1 | Lead | Aug 2025 | |
| Boston, MA | 1 | Participant | Aug 2025 | |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialPositive Development Competitors
Positive Development competitors include listed companies like Value HR and EM Systems Co., and private ones like Healthie, ElectraDx, KAKEHASHI and Allm.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| New York City, NY | Private | - | - | $273M | - | |
 Japan | Publicly listed | $65M | $9M | $270M | 4.1x | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} ElectraDx | Boston, MA | Private | - | - | $292M | - |
| Tokyo | Private | - | - | $293M | - | |
| Tokyo | Private | - | - | $294M | - | |
| Japan | Publicly listed | $152M | $31M | $266M | 1.6x |
Positive Development Public Comps
Positive Development is still privately-owned, but its public comps include KinderCare, Navneet Education, Value HR, EM Systems Co., MegaStudyEdu, SISB, China Beststudy Education, AdvancedAdvT, IDP Education and Echo IQ.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $2.7B | $115M | 1.0x | 1.0x | 22.8x | 11.2x | |||
| $179M | $58M | 1.7x | - | 5.2x | - | |||
| $65M | $9M | 4.4x | 4.1x | 30.9x | - | |||
| $152M | $31M | 1.5x | 1.6x | 7.2x | 9.0x | |||
| $644M | $139M | 0.4x | 0.4x | 2.0x | 1.9x | |||
| $75M | $36M | 2.9x | 2.8x | 6.0x | 6.6x | |||
| $284M | $76M | 0.5x | - | 1.9x | - | |||
| $72M | $13M | 2.5x | 2.4x | 14.1x | 8.9x | |||
This data is available for Pro users. Sign up to see all Positive Development competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Positive Development
| When was Positive Development founded? | Positive Development was founded in 2019. |
| Where is Positive Development headquartered? | Positive Development is headquartered in Washington, DC, United States. |
| Is Positive Development publicly listed? | No, Positive Development is a private, VC-backed company. |
| What is Positive Development's valuation? | Positive Development was last valued at $280M in its Series C in August 2025. |
| How much funding has Positive Development raised? | Positive Development has raised $102M across 4 funding rounds. |
| What was Positive Development's last funding round? | Positive Development's last funding round was a $52M Series C in August 2025, led by aMoon Fund and B Capital. |
| Who are Positive Development's investors? | Positive Development's investors include Healthworx, Digitalis Ventures, aMoon Fund, Flare Capital Partners, B Capital and Operator Partners. |
| Which companies are comparable to Positive Development? | Companies comparable to Positive Development include Healthie, Value HR, ElectraDx, KAKEHASHI, Allm and EM Systems Co.. |
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