Allswell Secures $7M to Build an Insurance-Backed Medical Home for LGBTQ+ Health. * Specialized digital behavioral health platform Allswell raises a $7M seed financing round led by Rethink Impact, the largest U.S. venture capital firm focused on female-led technology companies and an early institutional backer of Spring Health. * The $7M capital injection will fund geographical expansion outside the Mid-Atlantic, scale its proprietary internal clinician training and certification curriculum for identity-specific trauma and PTSD, and transition the platform into an end-to-end medical home for the LGBTQ+ community—introducing psychiatric medication management in 2027. While roughly 5% of Generation X identifies as LGBTQ+, that proportion surges to 25% among Generation Z—representing a massive expansion of an addressable patient cohort entering adulthood and navigating employer benefits and public health insurance. That’s a massive generational and cultural shift, and we want to do for LGBTQ+ health what Midi did for menopause.”*.