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.
- Website
- www.betterhelp.com/
Key Metrics
Founded Year
2013
Location
Sunnyvale, United States
Stage
Acquired
Ranked
9th among 344 active competitors
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 ProfileThe founders of BetterHelp is Alon Matas.
Here are the details of BetterHelp's key team members:
- Alon Matas: Founder of BetterHelp and founder of 1 other company. They are also an angel investor in 1 startup.Contact Info: 1 email address
View details of BetterHelp's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SonderMind 2014, Denver (United States), Series C | Mental health service provider offering virtual therapy services | $276M | 79/100 | |
2nd | Talkspace 2011, New York City (United States), Public | Online platform offering virtual consultation services for mental health conditions | $109M | 73/100 | |
3rd | Meru Health 2016, San Francisco (United States), Series B | Provider of digital mental healthcare programs with licensed therapist solutions | $55.4M | 70/100 | |
4th | Cerebral 2020, San Francisco (United States), Series C | Provider of online counseling services for mental health conditions | $462M | 69/100 | |
5th | 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 | Headway 2012, New York City (United States), Series D | Provider of a mental health therapist consultation platform | $321M | 65/100 | |
7th | TimelyCare 2017, Fort Worth (United States), Series C | Virtual health and well-being platform for students | $60M | 64/100 | |
8th | Brightside Health 2017, San Francisco (United States), Series C | Virtual mental healthcare platform | $114M | 62/100 | |
9th | BetterHelp 2013, Sunnyvale (United States), Acquired | Online counselling service provider | - | - | 61/100 |
10th | LifeStance 2008, Bellevue (United States), Public | Online telehealth service booking platform for mental health | - | 60/100 |
Looking for more details on BetterHelp's competitors? Click here to see the top ones
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
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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Revolutionary Telehealth & BetterHelp Launch Mental Health Support for VeteransPR Newswire•Nov 18, 2025•BetterHelp
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Teladoc expands insurance coverage at mental health unit BetterHelpHealthcare Dive•Oct 30, 2025•BetterHelp, Teladoc Health
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Vidle Housing & BetterHelp Expand Mental Health Support for Healthcare ProfessionalsPR Newswire•Oct 10, 2025•BetterHelp, Vidle Housing
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HiOctave Raises $15M in FundingFinSMEs•Oct 08, 2025•Anthropic, Celesta Capital, Menlo Ventures, Khosla Ventures and 9 others
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Lewis Capaldi Partners with BetterHelp to Provide Free Online Therapy to FansBusiness Wire•Jul 07, 2025•BetterHelp, Lewis Capaldi
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Teladoc Acquires UpLift for $30M to Bolster BetterHelpTechStartups.com•May 01, 2025•Teladoc Health, UpLift, BetterHelp
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Betterhelp Surpasses 5 Million People Benefiting From Online Therapy ServiceBusiness Wire•Jan 22, 2025•BetterHelp
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