Behavioral health technology company enabling scalable care navigation, accurate provider networks, and seamless connectivity between clinicians, TPAs, employers and health plans
BOSTON & NEW YORK – February 11, 2026
Breachway Capital, an operator-led venture firm, has made a new investment in TPN.health, a behavioral health technology company focused on modernizing how providers, administrators and employers connect around mental health care. The financing was led by First Analysis with participation from Breachway Capital and will support the continued expansion of TPN's care navigation capabilities and the scaling of partnerships with leading health plans, third-party administrators (TPAs), and self-insured employer groups.
Behavioral health coverage continues to face structural barriers across both commercial and government-funded healthcare, including unreliable provider directories, long wait times and administrative friction – challenges that persist even as demand rises and accountability pressures grow. TPN addresses these barriers with a provider-first, infrastructure-driven model anchored in free, accredited continuing education and professional tools that drive near-zero-cost clinician engagement and continuously refreshed, first-party network data. With nearly 100,000 licensed clinicians and treatment providers and over 2.2 million covered lives, TPN is converting these supply-side advantages into a scalable B2B platform for behavioral health care navigation and referral management delivered through TPAs, health plans, and employer-sponsored programs.
“Solving behavioral health access requires addressing the real operational barriers that prevent people from accessing timely behavioral health care,” said Trevor Colhoun, CEO of TPN.health. “By starting with providers and building a trusted professional community, we created an infrastructure layer that delivers better access, better data and stronger economics. We’re excited to welcome Breachway Capital alongside First Analysis as partners who share our long-term view of how this market evolves.”
“We are excited to partner with TPN at an inflection point in the company’s evolution,” said Jason Krantz, Founder and Managing Partner of Breachway Capital. “By solving the supply-side problems that have historically limited access and utilization in behavioral health, TPN has built an infrastructure asset that delivers real value to providers, TPAs, employers, and members alike. We believe this innovative model will set a new baseline for how access, utilization, and value are measured in behavioral health.”
About TPN.health
TPN.health is creating the digital infrastructure for behavioral health. Built by clinicians for clinicians, the company established its provider network through free, accredited continuing education and professional tools that enable verified profiles and ongoing maintenance of licenses, credentials, and practice information within a single workflow. Building on this foundation, TPN supports member access through human-led care navigation and enables referral workflows that depend on current provider data and clinical fit. The result isa continuously refreshed network designed to improve provider matching, directory accuracy, and timeliness of access while strengthening measurement and visibility relevant to quality and value-based outcomes. For more information, please visit tpn.health.
About Breachway Capital
Breachway Capital is an operator-led venture capital and growth equity firm investing inB2B software, AI and data companies. Founded by Jason Krantz, Breachway Capital partners with founders at the Series A+ stage to accelerate growth with hands-on GTM and operating expertise. With offices in Boston and New York, Breachway Capital combines speed, conviction, and alignment to help build category-defining businesses. Learn more at breachwaycapital.com.
For more information, please contact:
Carter Dwyer
Principal
carter@breachwaycapital.com
