Greenspace Health is transforming behavioral healthcare, supporting more than 2.5 million clients and over 500 organizations through industry leading Measurement-Based Care technology, predictive analytics and AI.

Greenspace Health Secures Series B Investment from ABS Capital to Advance Innovation in Behavioral Health through Measurement-Based Care

MEDIA CONTACT:
Greenspace:
JoAnne Stayner
joanne@getfreshpr.com
604.603.0657

Greenspace Health, the industry-leading SaaS Measurement-Based Care (MBC) technology provider, has secured a Series B growth equity investment from ABS Capital Partners. This strategic investment will fuel Greenspace’s continued growth and innovation as the most widely used and trusted MBC technology solution, while the Company elevates data-driven insights, provider efficiency, and clinical outcomes across the behavioral healthcare industry.

With more than 500 MBC implementations and over 5 million assessments completed across clinics, hospitals, community-based organizations, insurers and health systems, Greenspace’s platform supports behavioral health providers to improve clinical outcomes and care quality, enhance client engagement, and support the industry’s transition to value-based care. This investment signals a resounding endorsement of Greenspace’s critical role in reshaping behavioral healthcare through technology-driven, evidence-based measurement solutions that drive impactful care innovation and significantly enhance clinical effectiveness and patient outcomes.

Jeremy Weisz, Greenspace CEO and Co-Founder, said “As the need for high-quality, outcomes-driven behavioral healthcare continues to rise, Measurement-Based Care is no longer optional—it is essential to ensure individuals have access to care that leads to meaningful improvement. Working in partnership with hundreds of behavioral health service organizations, Greenspace has been at the forefront of this movement, empowering our partners to measure and enhance the effectiveness of care with real-time, clinically useful data. With this investment from ABS Capital, we are advancing the next generation of MBC technology—ensuring that every provider has access to the data and insights they need to deliver the highest standard of care.”

Greenspace’s platform empowers mental health providers and organizations to seamlessly implement real-time, evidence-based measurement, often referred to as patient-reported outcome measures (PROMs). This model has been proven to enhance clinical decision-making, improve patient engagement, and generate valuable data that drives better-coordinated and more effective care, while maintaining the highest standards of privacy and security. Organizations using Greenspace have seen an average symptom improvement of 49% and an average therapeutic alliance score of 81%, demonstrating the measurable impact of MBC on care quality.

Cal Wheaton, Partner at ABS Capital, will join Greenspace’s board of directors. Wheaton said “We’re thrilled to partner with Greenspace Health as they drive the future of Measurement-Based Care in behavioral health. The need for real-time data and insights has never been greater, and Greenspace is uniquely positioned to transform care delivery, improve clinical outcomes and enable value-based models. Jeremy, Simon and their leadership team have purposefully aligned mission, culture, and value-add capabilities into Greenspace Health and we look forward to supporting their continued growth and impact.”

This investment will deepen Greenspace’s ability to support organizations and systems to successfully implement MBC—streamlining adoption, guiding change management, and strengthening collaboration with providers, clinics, community-based organizations, hospitals, EHRs and insurers. By equipping providers, clinical teams, and system leaders with advanced data-driven tools, Greenspace is driving more effective care delivery, operational efficiency, and better outcomes at scale.

Simon Weisz, Greenspace President and Co-Founder, said “The behavioral health industry has historically lacked the data and insights needed to drive continuous innovation and meaningful quality improvement. As value-based care expands and becomes a standard across North America, our clinical partners and the leaders in this sector increasingly recognize the foundational role of Measurement-Based Care to improve quality, show impact, and access value-based care arrangements."

Behavioral healthcare is at a turning point, with data and measurement playing an increasingly central role in shaping its future. Greenspace is accelerating its commitment to driving this shift—ensuring that every provider, service organization, health system, and policymaker has the tools and insights needed to deliver more effective, accountable, and person-centered care. By driving the widespread adoption of Measurement-Based Care, Greenspace is making high-quality, data-driven behavioral healthcare the new standard.

For more information, please visit Greenspacehealth.com.

ABOUT GREENSPACE HEALTH

Greenspace transforms mental health services by improving the way that mental healthcare is accessed, measured and delivered. Their Measurement-Based Care Platforms enable mental health providers and organizations to implement consistent, evidence-based measurement (often referred to as routine patient-reported outcome measures or PROMs) into their practice. This model is proven to significantly improve patient results while generating valuable data for organizations to enhance their quality of care. Greenspace’s MBC solutions have been implemented across over 500 community and private clinics, hospitals, payors, insurers and healthcare systems, improving the patient experience and driving better-coordinated care and outcomes. To learn more about MBC, please visit greenspacehealth.com.

ABOUT ABS CAPITAL

ABS Capital provides growth equity capital to B2B software and tech-enabled services businesses with strong technology and data underpinnings looking to scale with the right partners. Building growth-stage businesses has been ABS Capital’s focus for more than 30 years. Over that time, ABS Capital has invested more than $2.5 billion in approximately 130 companies across eight funds. Bringing investing, operational, infrastructure, technology, and business development skills to amplify the success of growing businesses together with data-driven business strategies, market research and analytics, ABS Capital works intensively in close partnership with talented management teams. ABS Capital: building emerging growth businesses into industry leaders. For more information, visit www.abscapital.com.

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