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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 356 active competitors, including 61 funded and 20 that have exited. Its top competitors include companies like SonderMind, Lyra Health and Cerebral.

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
4,083 as on Apr 30, 2026
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 $*****.
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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 4,083 employees as of Apr 26. 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, Lyra Health and Cerebral. 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
80/100
2nd
Logo for Lyra Health
Lyra Health
2015, Burlingame (United States), Series F
Provider of AI-powered mental health benefits for employers
$915M
74/100
3rd
Logo for Cerebral
Cerebral
2020, San Francisco (United States), Series C
Provider of online counseling services for mental health conditions
$462M
74/100
4th
Logo for Talkspace
Talkspace
2011, New York City (United States), Acquired
Online platform offering virtual consultation services for mental health conditions
$109M
73/100
5th
Logo for Headspace
Headspace
2010, Santa Monica (United States), Series C
Provider of mental health support services via application and human care
$178M
72/100
6th
Logo for Unobravo
Unobravo
2015, Naples (United States), Series A
Online platform for psychologist consultation
$17.4M
65/100
7th
Logo for Headway
Headway
2012, New York City (United States), Series D
Provider of a mental health therapist consultation platform
$321M
65/100
8th
Logo for Talkiatry
Talkiatry
2020, New York City (United States), Series D
Provider of virtual, insurance-covered psychiatry services. It offers online assessments, connects patients with psychiatrists, and develops treatment plans including medication and therapy. The practice specializes in various mental health conditions such as anxiety, depression, bipolar disorder, ADHD, OCD, and PTSD, also providing care for children and adolescents and during pregnancy and postpartum. Psychiatrists conduct thorough evaluations and diagnoses, creating personalized treatment plans. The service aims to improve access to mental healthcare through virtual visits and insurance coverage.
$400M
64/100
9th
Logo for Rula
Rula
2019, Los Angeles (United States), Series A
Online platform offering mental health therapy services
$5.3M
64/100
10th
Logo for TimelyCare
TimelyCare
2017, Fort Worth (United States), Series C
Virtual health and well-being platform for students
$60M
63/100
13th
Logo for BetterHelp
BetterHelp
2013, Sunnyvale (United States), Acquired
Online counselling service provider
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61/100
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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 3 about company updates.
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