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News | 3 min read
January 26, 2026
One of the region’s fastest-growing companies just got a major shot in the arm.
Shockoe Bottom-based AnswersNow, which provides virtual therapy and support sessions for children with autism and their families, announced this week it has completed a $40 million capital raise.
The round closed at the end of 2025 and was led by California-based HealthQuest Capital, with participation from existing AnswersNow investors like New York-based Left Lane Capital and California-based Owl Ventures, among others.
This is the second major capital raise for AnswersNow since its founding in 2017 by social worker-turned-entrepreneur Jeff Beck and business partner Adam Dreyfus, who serve as the company’s CEO and chief science officer, respectively.
The pair originally founded AnswersNow as a text message-based service before trading up to a web and app-based video platform providing applied behavior analysis. ABA is a type of therapy that works to improve skills such as social interaction and is often targeted toward those with autism.
“ABA (therapy) today continues to be high-volume, in-clinic or in-home service, that’s really the status quo,” Beck said this week. “We went out and raised this money to execute on a vision to make this type of therapy as much of a status quo as things like clinic-based (care).”
Beck, 39, said this latest infusion of capital will also go toward expanding the AI capabilities of the company’s video-chat systems and growing its headcount. The platform uses AI for things like automated scheduling and matching therapists to clients based on things like availability, credentials and licensing, as different states have different licensing requirements.
Beck said the company is working on a variety of AI-driven features, including creating treatment plans automatically based on client history and diagnostic paperwork.
“I think the sky’s the limit on how this technology can really enhance this care while making it more efficient for the therapist,” Beck said.
He added that the company foresees a day when a “near keyboardless experience” could exist for its ranks of therapists, allowing them to focus less on taking notes and more on interacting with clients.
As for growing AnswersNow’s employee ranks, Beck said the company expects to double or nearly double its number of therapists by the end of the year. It currently has around 200 therapists across the country. It also aims to grow its internal leadership team to about eight by the end of this year. It is now a team of five.