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BetterHelp - About the company

BetterHelp is an acquired company based in Sunnyvale (United States), founded in 2013 by Alon Matas. It operates as an Online counselling service provider. The company has 344 active competitors, including 54 funded and 20 that have exited. Its top competitors include companies like SonderMind, Talkspace and Meru Health.

Company Details

BetterHelp is a online provider of direct-to-consumer counselling service. The company claims that over 500,000 people signed up for the service and has 1,500 licensed therapists. In Jan'15, the company was acquired by TelaDoc for $3.5M in cash, $1.0M promissory note and 15% sales royalties for 3 years.
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Key Metrics
Founded Year
2013
Location
Sunnyvale, United States
Stage
Acquired
Ranked
Employee Count
2,194 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by Teladoc (Jan 01, 2015)

BetterHelp's acquisition details

BetterHelp got acquired by Teladoc on Jan 01, 2015 at an acquisition amount of $4.5M.
Click here to take a look at BetterHelp's acquisition in detail
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BetterHelp's funding and investors

BetterHelp has not raised any funding rounds yet.

BetterHelp's founders and board of directors

Founder? Claim Profile
The founders of BetterHelp is Alon Matas.
Here are the details of BetterHelp's key team members:

BetterHelp's employee count trend

BetterHelp has 2,194 employees as of Jul 24. Here is BetterHelp's employee count trend over the years:
Employee count trend for BetterHelp
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BetterHelp's Competitors and alternates

Top competitors of BetterHelp include SonderMind, Talkspace and Meru Health. Here is the list of Top 10 competitors of BetterHelp, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for SonderMind
SonderMind
2014, Denver (United States), Series C
Mental health service provider offering virtual therapy services
$276M
79/100
2nd
Logo for Talkspace
Talkspace
2011, New York City (United States), Public
Online platform offering virtual consultation services for mental health conditions
$109M
73/100
3rd
Logo for Meru Health
Meru Health
2016, San Francisco (United States), Series B
Provider of digital mental healthcare programs with licensed therapist solutions
$55.4M
70/100
4th
Logo for Cerebral
Cerebral
2020, San Francisco (United States), Series C
Provider of online counseling services for mental health conditions
$462M
69/100
5th
Logo for AbleTo
AbleTo
2008, New York City (United States), Acquired
Offers a digital platform to connect people with licensed therapists and coaches
$66.1M
68/100
6th
Logo for Headway
Headway
2012, New York City (United States), Series D
Provider of a mental health therapist consultation platform
$321M
65/100
7th
Logo for TimelyCare
TimelyCare
2017, Fort Worth (United States), Series C
Virtual health and well-being platform for students
$60M
64/100
8th
Logo for Brightside Health
Brightside Health
2017, San Francisco (United States), Series C
Virtual mental healthcare platform
$114M
62/100
9th
Logo for BetterHelp
BetterHelp
2013, Sunnyvale (United States), Acquired
Online counselling service provider
-
-
61/100
10th
Logo for LifeStance
LifeStance
2008, Bellevue (United States), Public
Online telehealth service booking platform for mental health
-
60/100
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BetterHelp's Investments and acquisitions

BetterHelp has made no investments or acquisitions yet.

Reports related to BetterHelp

Here is the latest report on BetterHelp's sector:

News related to BetterHelp

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Media has covered BetterHelp for a total of 8 events in the last 1 year, 4 of them have been about partnerships and 2 about company updates.
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FAQs about BetterHelp

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