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Talkspace

Talkspace

Talkspace is an online therapy company founded in 2012 by Oren Frank.

Talkspace is a digital behavioral technology healthcare company. The company's psychotherapy product connects individual clients with a network of licensed therapists through a web and mobile platform. Clients communicate with their dedicated therapists through text, video, and voice messages. The platform also provides psychiatry services, including prescription fulfillment, adolescent therapy, and couples counseling.

Platform

Talkspace provides therapy to individuals, teens, and couples, across a wide array of specialties. Users are able to connect with licensed therapist through their devices via live therapy sessions, text or phone to remedy depression, anxiety and stress, relationships, trauma and grief, anger, sleep, chronic illness, productivity and others. The platform offers both therapy and medication management.

How it works

There are four steps to begin the journey:

  • Introduction: Users give insight into what brings them to the platform
  • Get matched: Choose a recommended therapist based on needs
  • Pick a plan: Select the ideal plan
  • Start therapy: Users meet their therapists, set goals, and begin their therapy journey

Timeline

June 23, 2021
Talkspace raises a $300,000,000 private equity.
January 11, 2021
Talkspace raises a $7,000,000 grant.
2021
Talkspace net revenue for 2021 is $125 million.
May 29, 2019
Talkspace picks up $50 million Series D
May 2019
Talkspace raises a $50,000,000 series D round from Norwest Venture Partners, Qumra Capital, Revolution Ventures and Spark Capital.
September 2017
Talkspace raises a $31,000,000 series C round from Qumra Capital and Spark.
June 14, 2016
Talkspace raises a $15,000,000 series B round from Norwest Venture Partners.
May 12, 2015
Talkspace raises a $9,500,000 series A round from Spark Capital.
December 16, 2014
Talkspace raises a $1,000,000 seed round from Spark Capital.
2012
Talkspace founded in 2012.

It was founded by Oren Frank in 2012 with a mission to make therapy accessible to as many people as possible.

Funding rounds

Patents

Further reading

Title
Author
Link
Type
Date

Talkspace - Mental health programs for employees and students

Web

Documentaries, videos and podcasts

Title
Date
Link

News

Title
Author
Date
Publisher
Description
Hudson Executive Investment Corp.
June 17, 2021
www.prnewswire.com:443
/PRNewswire/ -- Hudson Executive Investment Corp. ("HEIC") (NASDAQ: HECCU, HEC, HECCW), a special purpose acquisition company, announced that its stockholders...
Sarah Perez
February 24, 2021
TechCrunch
Employers today often use perks to attract new talent in the form of discounts and deals, commuter funds, gym memberships, childcare, free lunches and more. But the pandemic has impacted what sort of in-office or other in-person perks employees can access. That's led to booming growth -- and now, a fundraise -- for a startup [...]
Talkspace
February 18, 2021
www.prnewswire.com:443
/PRNewswire/ -- Talkspace, a leading digital and virtual behavioral healthcare company, today announced that CEO Oren Frank and President, COO and CFO Mark...
Megan Hernbroth and Áine Cain
February 4, 2021
Business Insider
Talkspace is the latest healthcare company to go public via a SPAC IPO, or a reverse merger with a blank-check holding company.
Áine Cain
January 21, 2021
Business Insider
Talkspace is a behavioral healthcare company that currently serves 46,000 active members, but it's looking to expand that number into the millions.
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References

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