Gateway Learning Group Secures Investment from Norwest Venture Partners to Expand ABA Therapy Services for Autism Families

On July 17, 2019, VCBeat (WeChat Official Account: vcbeat) learned that Norwest Venture Partners announced the completion of its equity investment in Gateway Learning Group (hereinafter referred to as “Gateway”), a behavioral therapy services company.

Gateway will use this round of financing to expand its service coverage, which was previously limited to 17 counties in California.

In 2005, Gateway was established in San Francisco, United States. Gateway is a company that provides behavioral therapy services for individuals with autism, improving their lives through data-driven and evidence-based treatments. Currently, Gateway delivers therapeutic interventions in three settings: at home, in schools, and at specialized treatment centers.

In 2018, the U.S. Centers for Disease Control and Prevention (CDC) estimated that the prevalence of autism spectrum disorder (ASD) among children in the United States was 59%, nearly double the figure reported in 2009. To meet the growing demand for high-quality clinical Applied Behavior Analysis (ABA) services—an evidence-based therapy designed to encourage positive behaviors and minimize those that interfere with learning—Gateway leverages the latest advancements in healthcare and technology to support families managing ASD.

“Gateway has been dedicated to developing processes and technologies for the past 14 years to provide high-quality ABA care to patients in California. We are thrilled that Norwest’s investment will enable us to expand our practice, reaching more patients across additional regions,” said Colin Davitian, CEO and Co-Founder of Gateway. “Furthermore, we are deeply committed to collaborating with investors to maximize therapeutic outcomes for our patients.”

It is understood that TripleTree, LLC served as the financial advisor to Norwest Venture Partners for this transaction.

Norwest Venture Partners is a leading growth equity and venture capital firm managing over $7.5 billion in capital. The company focuses on the consumer and healthcare sectors, investing in companies across all stages from early-stage startups to mature enterprises. Norwest has offices in Palo Alto and San Francisco, with subsidiaries in India and Israel. Since its inception, Norwest has invested in more than 600 companies.

(Compiled by Fan Xin)