Carolina Psychiatry

Based in the US, Carolina Psychiatry operates as a mental health clinic providing outpatient services aimed at addressing various psychological conditions. Carolina Psychiatry focuses on delivering specialized mental health care services. Founded in 2019, the company is headquartered in Anderson, South Carolina, and has expanded its operations to include multiple locations across the state. The founder has a background in mental health services, although specific prior ventures are not publicly documented.

The most recent funding round occurred on February 12, 2026, when Beacon Behavioral, LLC, a portfolio company of Latticework Capital Management, acquired Carolina Psychiatry. Financial details of this transaction have not been disclosed. Carolina Psychiatry offers a comprehensive range of outpatient mental health services designed to address a variety of conditions affecting adults and teens. Their core offerings include personalized medication management, individual therapy, Transcranial Magnetic Stimulation (TMS), and Spravato® (esketamine) therapy, specifically targeting treatment-resistant depression.

These services are aimed at providing evidence-based care to clients struggling with mental health issues such as depression, anxiety, bipolar disorder, PTSD, and ADHD. Carolina Psychiatry operates five locations across South Carolina, including Anderson, Greenville, Seneca, and Spartanburg. The clinic emphasizes accessibility by also offering telepsychiatry services to reach clients across wider geographical markets, ensuring they can access expert care from the comfort of their homes. Carolina Psychiatry generates revenue through a combination of service fees associated with their mental health offerings, which include both in-person and telepsychiatry appointments.

Clients typically engage in direct-to-consumer transactions, where they schedule appointments for psychiatric evaluations, therapy sessions, or advanced treatments like TMS and Spravato® therapy. The practice accepts most major insurance plans, which facilitates a structured reimbursement model for services rendered, while also offering self-pay options for clients without insurance. Pricing for services is tailored according to the treatment plans outlined during initial consultations and ongoing evaluations, allowing for a customized approach to mental health care. This revenue model supports the clinic's mission of providing accessible and compassionate mental health services within the communities they serve.

Carolina Psychiatry plans to enhance its service offerings by developing new products, including additional therapy modalities, with anticipated launches throughout 2026. The company aims to expand its geographical reach by opening new locations in neighboring states by 2027. Recent funding from the acquisition by Beacon Behavioral, LLC, will be strategically utilized to support these growth initiatives and enhance operational capabilities.