Last spring’s $15 million Series B funding round brought the company’s total funding up to $28 million. It uniquely integrates psychiatry and therapy in online care, a rarity among competitors. One 2017. Talkspace isn’t the only online therapy company in the business. Talkspace : Best Overall. Learn why top analysts are making this stock forecast for Talkspace at MarketBeat. Talkspace Services + Pricing. All told, our team has spent over 122 hours testing and researching their services and those of their chief competitors in order to provide an accurate, unbiased analysis of how they compare, free of marketing jargon and gimmicks. Founded within a year of each other, their offerings overlap considerably. Plans & Prices. There's one more big concern here: competition. *Copays represented are averages. Tap into the world's largest network of licensed, accredited, and experienced therapists who can help you with a range of issues including depression, anxiety, relationships, trauma, grief, and more. B2B eligible lives and completed B2B sessions grew 92% and 96%, respectively, versus the prior-year period. Talkspace) (the “Company”) is very pleased to offer you the position of Chief Executive Officer reporting to the Company's Board of Directors (the “Board”) with a start date of November 9, 2022 (your actual start date, the “Start Date”). If your therapist isn’t a good fit, ReGain can offer you a new match. 2. Counting up (or down) to 10 is a great way to handle anger, but it’s not as. Since then, TALKW shares have increased by 39. What Are Competitors And Alternatives To Talkspace vs BrightsideTalkspace Inc is a behavioral healthcare company enabled by a purpose-built technology platform. The most heavily invested institutionals were Harbor Spring Capital LLC ($13. We also decided to compare TalkSpace salaries to those of their main competitor — BetterHelp. 08, 2022 (GLOBE NEWSWIRE) -- Talkspace, Inc. Yes, UMR insurance covers Talkspace therapy or psychiatry as an in-network service, but coverage details for your individual plan may vary. 5, and. The cheapest online therapy package with Talkspace costs: Pay monthly: $260 ($60 per week) Pay every 3 months: $708 ($54 per week) Pay twice a year: $1248 ($48 per week) This does not include any live video sessions as a part of the plan. Type: Company - Public. Talkspace provides individuals and licensed therapists, psychologists and psychiatrists with an online platform for one-on-one therapy delivered via messaging, audio and video. [1] I would suggest Talkspace integrate a group therapy option into their feature set. This rating has decreased by -1% over the last 12 months. The top traffic source to talkspace. Healthcare Software · New York, United States · 339 Employees. is listed as:. The out-of-pocket cost to be initially evaluated by a nurse practitioner or psychiatrist. Each company offers different plans that don’t perfectly line up with one another. Competitor Name Revenue Number of Employees Employee Growth Total Funding Valuation #1. com, choosingtherapy. betterhelp has subscribers in 160 different countries around the world and they have counselors. Its Competitors . In Q4, Verywell Mind conducted a comprehensive analysis of digital therapy platforms to help readers findOn June 17th, 2021, Hudson Executive Investment Corp. Its Competitors . com, or securely on Signal at (323)-639-0429. Alma. List Your Practice in Online Directories. Shoppers saved an average of $38. 8. Competitors: Unknown. It is estimated that the two control about 90 percent of the online therapy market in the U. Found is a weight-care telemedicine company that offers holistic weight-health support. Talkspace has set out to topple those roadblocks, offering psychotherapy, psychiatry and prescription services via an app that boasts a growing network of 3,000. 2 billion valuation, according to an industry report from CB. This is where these two competitors differ the most, and is also an area which obviously matters a lot. 3,000+ licensed therapists and mental health providers. You’ll pay between $59-$99 per hour, depending on what service is. being registered represents the sum of (a) 108,362,537 shares of Talkspace, Inc. in 2019, and $273 billion globally on a "fully-treated" basis (i. Read the latest reviews and find the best Telemedicine Software software for your business. Talkspace. Eastern Time to approve the proposed business combination and to elect the nominated directors to the board of directors. Since then, TALKW shares have increased by 39. The funding brings Talkspace’s total raised to $106. At its core, the app provides talk therapy services. In the previous week, Talkspace had 2 more articles in the media than Aclarion. Phone Number +1 516 847 5432. Sessions can cost significantly less than traditional talk. 67. [3] [4] Talkspace has been criticized for making questionable claims about its. Talkspace is your online therapy service provider that brings you the easiest way to communicate with a licensed professional therapist for your mental health query. The founders of $1. a. Headway's revenue is the ranked 5th among it's top 10 competitors. BetterHelp, Talkspace, and its competitors are using the same playbook to break down the current mental health system. 93. W. See insights on Talkspace including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. 42% during the last six months, with a year-to-date growth rate more than the industry average at 64. (Nasdaq: TALK), a leading virtual behavioral healthcare company, today reported 2022 third quarter and nine months results as summarized. m. As a digital healthcare company, all care is. S. Who are. Talkspace’s Profile, Revenue and Employees. I’ve long been intrigued by Talkspace. 1 Location. Both companies offer pay-per-month subscriptions, but BetterHelp is slightly less expensive at $60 to $90 each week. Talkspace Delivers Strong Q1 2021 Operational and Financial Results . Anxiety. Best app-based service: Talkspace. Sesh provides a mental health platform led by licensed therapists. Video Plus Messaging Plus Workshops $436 per month. 7. Talkspace has age restrictions. The option of anonymously joining a group could give users — who exhibit the characteristic of discomfort approaching a mental health. View Talkspace (location in New York, United States, revenue, competitors and contact information. [2] Talkspace users have access to licensed therapists through the website or mobile app on iOS and Android. Talkspace is an online therapy startup that offers confidential therapy with a network of licensed therapists. We will compare Talkspace to similar companies based on the strength of its profitability, dividends, risk, valuation, earnings, institutional ownership and analyst recommendations. Learn about our values, career benefits, and how to reach our recruitment team. 3M. 6M visits. , NeuroFlow. EBITDA of. Talkspace Inc. Over the last four quarters, Talkspace's revenue has grown by 31. Talkspace promotes behavioral health as a lifestyle, not. And like our competitors, Talkspace is a pure-play mental health company. See how Spring Health compares to similar products. 8 million and gross profit of a positive $14. This means the cost of services. Answer a few questions to help the BetterUp community. It was founded by Oren and Roni Frank in 2012. Online therapy costs can vary based on the type of care needed and what your employer, insurance or health plan covers. You can book sessions directly with your psychiatrist. See how Headway compares to similar products. It cost me 272 dollars and that was with the monetary help um and the the one thing that i actually really taken pleasure in about um better help was the reality that i might talk to my therapist at any point and so that’s what i began doing i was i was talking to my therapist non-stop through text message so we were texting back and forth talking to her non-stop. So Talkspace therapy may be covered by your employer’s healthcare plan. 4 billion and provide $250 million in capital. The company says its variety of group and individual sessions and reasonable price point will set it apart from competitors, which include online therapy apps like Talkspace, as well as meditation. We offer the full spectrum of mental health services, self-guided texting, voice, live video, multiple subspecialties and. We offer the full spectrum of mental health services, self-guided texting, voice, live video, multiple subspecialties and. About SondermindFunding, Valuation & Revenue. More than 100 million people have access to Talkspace for free through their employers or for the cost of a copay. Competitors. 1. Alma. We counted more than 400 therapists on this platform, nationwide, and we found the video system to be the most pleasant to use. Messaging Therapy $276 per month. Oren and Roni Frank founded Talkspace in 2012. However, according to the online feedback form therapists, they rarely earn more than $26,000 a year, which is 49% below the average salary in the U. Or you may receive it for free as a direct benefit from your employer. 2 million (54% margin) on revenue of $26. BetterHelp is very similar to Talkspace, in the sense that both platforms match individuals with licensed, accredited therapists for counseling and therapy services. The pricing is slightly lower than that of competitors: A 45-minute. 7 million since its inception in 2012 when husband and wife Oren and Roni Frank founded the company after “personally” experiencing “the benefits of therapy” in their marriage. ($7. You can pause for seven days on Talkspace (which automatically pushes your billing date back a week). Talkspace went public in June 2021 in a $1. Talkspace ( TALK) provides telehealth services for behavioral health, so its psychotherapists and psychiatrists can help patients who would otherwise be far beyond the geographical. It provides treatment for depression, anxiety, bipolar disorder, and more. This means that how much you pay per week depends on the level of support you require — the more support or access to your therapist, the more expensive. 59 of its competitors are funded while 18 have exited. You cannot pause your Brightside subscription. Talkspace is just one company in the growing telebehavioral health space. The monthly meetings are free and open to the public with a suggested donation. Study with Quizlet and memorize flashcards containing terms like The focus-differentiation strategy emphasizes low overall costs while serving a narrow segment of the market. [3] [4] Talkspace has been criticized for making questionable claims about its. Take breaks several times per day. The total addressable market for behavioral health is large. Talkspace’s largest competitor is BetterHelp. Talkspace vs. 1. One 2017. Talkspace competitor BetterHelp claims to have 1,000,000 sign-ups in total. Best for Anxiety & Depression Treatment – Brightside Mental Health. The model minority myth has been used to argue against racial equity movements. Talkspace's stock was trading at $0. (NASDAQ: TALK), today reported fourth quarter and 2022 full year financial results. Online marriage counseling can help. However, Talkspace takes things a step further than many of its competitors, by providing psychiatry and couple’s therapy, too. Who are Talkspace 's competitors? Alternatives and possible competitors to Talkspace. Best for Kids & Teens – Brightline Health. 2. 00, suggesting a potential downside of 50. At the time. 8 out of 5, based on over 334 reviews left anonymously by employees. Company Profile | New York, NY | Competitors, Financials & Contacts - Dun & Bradstreet Find company research, competitor information, contact details & financial data for !company_name! of !company_city_state!. 2. 36 million: 14. On June 17th, 2021, Hudson Executive Investment Corp. It identified a set of direct competitors that provide mental. 30M. Discover the top Talkspace competitors, the leading online therapy platform. Best for psychiatry: MDLive. Find the perfect alternative to meet your mental health needs. Talkspace's strong 4Q results and guidance suggest a potential major turnaround story among the universe of de-SPAC disasters. 45 minute session: $50. As of March 31, 2022, over 2 million people have used Talkspace, and 76. Examples: If a provider works 5 hours in a. B2B eligible lives increased 75% in 2021 compared to the prior year. That said, when you compare the closest plans, BetterHelp is significantly cheaper at $80 per week than Talkspace at $129 per week (note that BetterHelp’s sessions range between 30 and 45 minutes long, while Talkspace’s are exactly 45 minutes long). BetterHelp Vs. Best for Availability: BetterHelp. Quarter Ended March 31, Period-Over-Period 2021 2020 Growth: Number of B2B eligible lives at period end 41,821 9,569 337. As of present, Talkspace provides one-to-one anonymous therapy; whereas, there are proven benefits to group therapy. Telecommunications · Australia · <25 Employees. ” “For Talkspace, people in need of mental health services represented the promise of outsized returns for Talkspace shareholders,” the complaint says. The monthly meetings are free and open to the public with a suggested donation. Revenue grew 49% in 2021 to $114 million, driven by continued strong B2B performance. Competitor Name Revenue Number of Employees Employee Growth Total Funding Valuation #1. 6M; in Q2 2023, it was $35. Amwell charges per hourly session. talkspace. While Talkspace accepts major insurance plans as well as HSA/FSA, it doesn’t accept Medicare or Medicaid. EBITDA of negative $20. 0729 on January 1st, 2023. 51% of traffic. Unlock 7 more competitors → Select to follow all companies RANK COMPANY CEO CEO RATING EMPLOYEES FUNDING REVENUE Jon Cohen CEO 36/100 500 $409M $128. 17 million adults in the United States have had at least one major depressive episode in the past year. For asynchronous sessions, you’ll receive a rate of ~$25 per session, depending on the plan type. Many users also described their experience at Talkspace as user-friendly, with 88% of people reporting that the platform was helpful in connecting them to a therapist and 56% of users saying that Talkspace’s app was easy to use in. Talkspace vs. Most insured members pay an average copay of less than $30. . D. Talkspace, Inc. It’s unknown whether the pricing has changed. 00. ”. The pricing is slightly lower than that of competitors: A 45-minute. Talkspace is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more. Unclaimed. TALK Earnings Date and Information Talkspace has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Tuesday, February 20th,. (Nasdaq: TALK), a leading virtual behavioral healthcare company, today reported 2022 second quarter and first half results as summarized below. Dividend: Annual dividend, or portion of a company's profit paid to shareholders. The company provides a digital platform for sleep, meditation, and relaxation, aimed at helping users manage stress, sleep better, and live healthier, happier lives. Compare Talkspace for Business alternatives for your business or organization using the curated list below. Earnings. Get the latest business insights from Dun & Bradstreet. Talkspace caters to couples in different relationship phases, from premarital to long-term and married couples. Talkspace (NASDAQ:TALK – Get Free Report) is one of 31 public companies in the “Health services” industry, but how does it contrast to its competitors? We will compare Talkspace to similar companies based on the strength of its analyst recommendations, institutional ownership, earnings, risk, profitability, valuation and. TalkSpace's most prominent competitor is BetterHelp, an American company owned by Teladoc and founded by Israeli Alon Matas. We offer the full spectrum of mental health services, self-guidance, texting, voice, live video, multiple subspecialties and psychiatric services. 26: Talkspace’s rivals have higher revenue, but lower earnings than Talkspace. Talkspace (NASDAQ: TALK) provides online and mobile therapy services. 1013. SonderMind accepts health insurance plans from most major providers, and unlike other online therapy platforms, there’s no subscription fee. Download the App. The company was founded in 2012 and is based in New York, New York. TalkSpace competitors do not offer psychiatry. In the previous week, Talkspace had 2 more articles in the media than Aclarion. Currently Talkspace provides mental health tests for depression and anxiety (generalized anxiety disorder) symptoms. Talkspace Competitors. Spring Health 's alternatives and competitors. 139. One reason many people choose Talkspace over more traditional routes is because of its affordability. MarketBeat recorded 3 mentions for Talkspace and 1 mentions for Aclarion. For users without insurance, SonderMind aims to offer. 7. That said, when you compare the closest plans, BetterHelp is significantly cheaper at $80 per week than Talkspace at $129 per week (note that BetterHelp’s sessions range between 30 and 45 minutes long, while Talkspace’s are exactly 45 minutes long). With a thoughtful combination of resources and a thorough vetting process. While all make it easy for employees to access quality therapist and online resources, we recommend Modern Health for its focus on proactive mental healthcare. Some of the best online therapy services that offer great counseling, and are alternatives to Talkspace, include: Online-Therapy. Talkspace costs between $65 - $95 per week, whereas BetterHelp costs between $60 - $90 per week. common stock to be issued in exchange for outstanding shares of capital stock of Groop Internet Platform, Inc. The Promise Breaker. See how Headway compares to similar products. If you have insurance, Talkspace may be a good option for you. There are 3 private Unicorns in the entire. 24 million for the quarter ended December 2022, surpassing the Zacks Consensus Estimate by 4. Talkspace was founded in 2012 and is based out of New York City, an online and mobile therapy Talkspace users have access to licensed therapists through the website or mobile app on iOS and Android. The company offers psychotherapy and psychiatry services through its platform to individuals, enterprises, and health plans through both business-to-business and business-to-consumer channels. 71%) were down by more than 18% on Tuesday. One of the most effective marketing strategies for therapists is listing your practice in reputable online therapist directories. Talkspace Competitors: $1. Risk and. Thesis Nootropic Review. Canceling at Teladoc is also less complicated. [2] Talkspace users have access to licensed therapists through the website or mobile app on iOS and Android. We also appreciated that, unlike Talkiatry or other competitors, it wasn’t just. com with 8. Talkspace and HEIC announced their proposed business combination on January 13, 2021. Co-founded in 2012 by married couple Roni and Oren Frank, Talkspace has become one of the world’s largest and most popular online therapy platforms. Professional, licensed, and vetted therapists who you can trust. A pessimistic person is one who is often seen as lacking hope and joy and is marked by disbelief or distrust. View the best growth stocks for 2023 here. Talkspace, (iv) the outcome of any legal proceedings that may be instituted against Talkspace related to the merger agreement or the completed. Talkspace is partnered with some health plans, as well as with some companies' employee assistance plans (EAP),. Amwell connects you with doctors and clinical psychiatrists, as well as therapists. Talkspace $69–$129 per week for therapy; $249 for initial psychiatry and $125 for follow-up sessions people looking for 24/7 counseling that might be covered by insurance and that you can access. – Talkspace therapist Dr. 8. Marriage counseling helps you identify the exact root of your problems and come up with effective strategies to overcome them. However, Talkspace takes things a step further than many of its competitors, by providing psychiatry and couple’s therapy, too. 1 billion, and has brought on clients. common stock”), of Talkspace, Inc. 10. Make sure you get enough sleep at night so that you are energized. 0% and is now trading at $0. 4 billion deal, and teletherapy provider Cerebral recently joined the unicorn club with a $1. Unlike the monthly cost for other Talkspace services, payment for Talkspace Psychiatry is paid per session. We provide our members access to licensed mental health providers across a wide and growing spectrum of care through virtual counseling, psychotherapy and psychiatry. Brightside, on the other hand, places an emphasis not only on treatment but also on drug management. Here are our rates for live sessions: 30 minute session: $34. (“ Talkspace”) (Nasdaq: TALK), a leading virtual behavioral healthcare company, today reported financial results for the second quarter ended June 30, 2021. (1) Q4 2022 run-rate operating expenses exclude a non-recurring goodwill impairment charge and other non-recurring litigation expenses, partially offset by one-time savings related to marketing. An online therapy. 4K employees. 64: Talkspace’s rivals have higher revenue, but lower earnings than Talkspace. Gather ideas and inspiration. Net Revenue grew 23% year-over-year to approximately $26 million, driven by continued strong momentum in B2B. Sign up for a free demo to see Talkspace's valuations in June 2021 and more. Talkspace's latest funding round was a Reverse Merger for on June 23, 2021. The $69/week plan is for messaging therapy only. It additionally allows the user more control and ownership of their mental health care by letting them choose the format or mode through which therapy is conducted. Other than BetterHelp, the next platform people preferred was (and is). MarketBeat recorded 1 mentions for Talkspace and 0 mentions for Sharecare. Aetna members can match with a Talkspace therapist in just a few days and get access to affordable sessions via live video, live audio (phone call), live chat, or text messaging. Competition will remain stiff. 8 stars out of 5 with 227 reviews. Add Org code (uky) into the field where it says ‘Code’ and click Next. Messaging Therapy: $276 per month. Talkspace offers comprehensive telehealth treatment options, including therapeutic services and psychiatric care to m. Talkspace (NASDAQ:TALK – Get Free Report) is one of 32 public companies in the “Health services” industry, but how does it contrast to its rivals? We will compare Talkspace to similar companies based on the strength of its earnings, institutional ownership, dividends, profitability, valuation, analyst recommendations and risk. As a digital healthcare company, all care is delivered through an easy-to-use and fully encrypted web and mobile platform, consistent with HIPAA and other state regulatory requirements. . 36 million: 14. Advertisement. Our bonuses range from $100 to $4,000 per month depending on clinical hours worked. It provides text, audio, and video-based. Talkspace's average media sentiment score of 1. Volatility. S. S. Talkspace revenue increased 32% year over year to $38. Whereby. As a digital healthcare company, all care is delivered through an easy-to-use and. Below are our top picks in the online psychiatry space for 2023. 47 million-$125. The platform offers a wider variety of services than many of its competitors, from individual, couples, and teen therapy to psychiatric care and medication management. Volatility. They have published over 16 efficacy studies in peer-reviewed journals and have partnered with 25+ research partners, including NYU and Columbia University experts, to validate. Volatility & Risk. 4 million versus Adj. Find top-ranking Talkspace alternatives and competitors. 54 billion-$99. It’s unknown whether the pricing has changed. 50, suggesting that. Talkspace is a leading virtual behavioral health company that offers convenient and affordable access to a fully-credentialed network of highly qualified providers. Dear Jon, Talkspace, Inc. Talkspace : Best Overall When COVID hit, online therapy saw a rise in numbers. Available in the United States: yes. Third-quarter payer revenue was $22. Click Next. Talkspace promotes behavioral health as a lifestyle, not. Best for Kids & Teens – Brightline Health. 52 billion-$94. Compare Acacia Counseling and Wellness versus Talkspace for CEO Rating, Overall Culture Score, and more on Comparably. Compare Talkspace to Competitors Calm The company provides a digital platform for sleep, meditation, and relaxation, aimed at helping users manage stress, sleep better, and live healthier, happier lives. The only service to. Learn more about insurance coverage for therapy. The share is currently trading at around $5. Talkspace currently has a consensus target price of $1. As a group, “Health services” companies have. Talkspace Couples Therapy Vs ReGain. variations in performance across competitors, changes in laws. Share. These arguments can be harmful, particularly when used alongside negative stereotypes about other communities. Lantern costs $49 per month and you can cancel at any time. 5, Negative Sentiment > -1. Most insured members pay an average copay of less than $30. 5B 3 About Talkspace Stock (NASDAQ:TALK) Talkspace, Inc. 5, Positive Sentiment >= 0. Here are the three main Talkspace plans for individual therapy. 's alternatives and competitors. Our proven testing platform makes therapy available within hours and live video available within 7 days compared to. Basically, to be pessimistic means expecting the worst in all situations. DI. Also included is a comprehensive competitive analysis of the major competitors in the market, including their company profiles, critical insights about their product and business offerings, recent. A New York-based. Talkspace makes this high-quality mental health care affordable by partnering with insurance plans and employers. Competitors; Org Chart; TalkSpace. More than 70 million Americans suffer from mental illness, spread across all ethnic, socio-economic and age ranges. The stock closed at $5. ADHD. They. 5, Neutral Sentiment > -0. Users can regularly message their dedicated Talkspace therapists via text, voice, or video as life happens. It can be used for general meetings, video conferencing, committee meetings, presentations, sales meetings & even product launches. Who are the therapists on BetterHelp? Dr Neil Leibowitz Betterhelp. There are four subscription plans and an add-on psychiatry service: Messaging only: $69 per week; includes unlimited messaging with your therapist during the workweek; Therapy only: $99 per week; includes four live sessions. 08, 2022 (GLOBE NEWSWIRE) -- Talkspace, Inc. 8%. W. Talkspace Competitors 2023 Advice. Given DocGo’s higher probable upside, equities analysts plainly believe DocGo is more favorable than. 6M View Profile 1 Ido Schoenberg Co-CEO 68/100 1,040 $1. b. Talkspace. 70 on Tuesday, then fell to a low of $4. Price: $59. The two are in a bit of a fierce competition. 292. 57 m in annual revenue in FY 2022. See below how Talkspace compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores. .