Talkspace raises $15M in Series B

What does Talkspace do?

Talkspace, is the global leader in online therapy. It is affordable and anonymous therapy with licenced and professional therapists. It offers therapy whereever and whenever somebody need help. This platfor aims at making a billion people happy. The platform offers unlimited messaging therapy, which users have an unlimited access to professional, licensed therapist around the clock with no appointment necessary. Therapists specialize in helping people in overcoming challenges, guiding people on their life journey.
How much Talkspace was funded?
The company raised $15M in Series B on June 14, 2016 from TheTime, SoftBank, Metamorphic Ventures, Norwest Venture Partners, Spark Capital.
Previous funding
Undisclosed amount on December 1, 2013 from Lior Prosor
$2.5M on May 12, 2014 from Spark Capital, Metamorphic Ventures, SoftBank Capital and TheTime
$1M on December 16, 2014 from Spark Capital and SoftBank
$9.5M in Series A on May 12, 2015 from Spark Capital, Firstime Venture Capital and SoftBank.

What is next for Talkspace?
The company has expanded its network of licenced therapists to almost a thousand specialists for meeting the high demand of new users in the past year. The company is welcoming Jeff Crowe, Managing Partner at Northwest Venture Partners, Dr. Linda Sacco as its Vice President of Beavioral Health Service to the company as its Board of Directors.

More about Talkspace
Talkspace was founded on June 1st, 2012 by Oren Frank and Roni Frank. It has its headquarters in New York, NY. The company’s unlimited messaging therapy program, connects people with a licenced therapist through mobile apps or on the web for a fraction of the price of the regular therapy. The platform has provided around 300 thousand people with an accessible and afforadable way or receiving mental health care. It is availble on the web and for Android and iOS users. The company is founded with the aim of eliminating the stigmas around make therapy and mental illness.