When was Talkspace founded?

Talkspace was founded in 2011 and raised its 1st funding round 3 years after it was founded.

Where is Talkspace located?

Talkspace is headquartered in New York City, United States.

How many employees does Talkspace have?

As of May 31, 2026, the latest employee count at Talkspace is 1177.

Is Talkspace a funded company?

Talkspace is a funded company, having raised a total of $109M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 12, 2014.

When was the latest funding round of Talkspace?

Talkspace's latest funding was a $***** Grant (prize money) round on Sep 03, 2020, with participation from 1 investor. Its primary sector is Healthcare Booking Platforms. In United States, the Healthcare Booking Platforms sector has seen $1.32B in funding in 2026 to date.

What is the annual revenue of Talkspace?

Annual revenue of Talkspace is between $100M and $500M as on Dec 31, 2025

Where does Talkspace rank among its competitors?

Talkspace ranks 4th amongst 351 active competitors, of which 59 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Talkiatry, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of Talkspace?

Talkspace's top competitors include SonderMind, Lyra Health and Cerebral. Among them, Talkiatry secured the most recent funding round in February, 2026.

Talkspace - 2026 Company Profile, Team, Funding, Competitors & Financials

Talkspace is an acquired company based in New York City (United States), founded in 2011 by Oren Frank. It operates as an Online platform offering virtual consultation services for mental health conditions. Talkspace has raised $109M in funding from investors like SoftBank Capital, Spark Capital and Revolution. The company has 351 active competitors, including 59 funded and 20 that have exited. Its top competitors include companies like SonderMind, Lyra Health and Cerebral.

Company Details

Online platform offering virtual consultation services for mental health conditions. It is an online mental health platform offering convenient access to licensed therapists and psychiatric providers for therapy and medication management. It provides flexible options for therapy, including live sessions and messaging.

Website: www.talkspace.com/
Social
Email ID: *****@talkspace.com

Key Metrics

Founded Year

2011

Location

New York City, United States

Stage

Acquired

Total Funding

$109M in 7 rounds

Latest Funding Round

Grant (prize money), Sep 03, 2020, $*****

Investors

SoftBank Capital & 22 more

Ranked

4^th among 351 active competitors

Annual Revenue

$100M - $500M as on Dec 31, 2025

Employee Count

1,177 as on May 31, 2026

Investment & Acquisitions

Wisdo & 1 more

Similar Companies

SonderMind & 1528 more

Exit Details

Acquired by Universal Health Services (Mar 09, 2026)

View Talkspace's full profile

Talkspace is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
HUDSON EXECUTIVE INVESTMENT CORP. CIN: 1803901 , United States, Active	Aug 17, 2020	$100M - $500M (As on Dec 31, 2025)	3 (As on Nov 30, 2021)	-

Talkspace got acquired by Universal Health Services on Mar 09, 2026 at an acquisition amount of $*****.

Click here to take a look at Talkspace's acquisition in detail

Talkspace has raised a total funding of $109M over 7 rounds. Its first funding round was on May 12, 2014. Its latest funding round was a Grant (prize money) round on Sep 03, 2020 for $*****. 1 investor participated in its latest round. Talkspace has 23 institutional investors.

Here is the list of recent funding rounds of Talkspace:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 03, 2020	4005833	Grant (prize money)	5480888	2423495	1237368	1000770
May 29, 2019	8033796	Series D	5057709	3504710	2381197	Qumra Capital & 3 more
Sep 06, 2017	3020528	Series C	8484350	3743341	Qumra Capital	Spark Capital & 4 more

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View details of Talkspace's funding rounds and investors

The founders of Talkspace is Oren Frank.

Here are the details of Talkspace's key team members:

Oren Frank: Former Co-Founder of Talkspace.

View details of Talkspace's Founder profiles and Board Members

Talkspace's employee count trend

Talkspace has 1,177 employees as of May 26. Here is Talkspace's employee count trend over the years:

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Top competitors of Talkspace include SonderMind, Lyra Health and Cerebral. Here is the list of Top 10 competitors of Talkspace, ranked by Tracxn score:

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	Kickstart Seed Fund, Premji Invest & 24 others	80/100
2nd	Lyra Health 2015, Burlingame (United States), Series F	Provider of AI-powered mental health benefits for employers	$915M	Addition, Glynn Capital & 37 others	74/100
3rd	Cerebral 2020, San Francisco (United States), Series C	Provider of online counseling services for mental health conditions	$462M	Access Industries, Oak HC/FT & 20 others	74/100
4th	Talkspace 2011, New York City (United States), Acquired	Online platform offering virtual consultation services for mental health conditions	$109M	Spark Capital, Compound & 21 others	73/100
5th	Headspace 2010, Santa Monica (United States), Series C	Provider of mental health support services via application and human care	$178M	Blisce, JAZZ Venture Partners & 50 others	72/100
6th	Meru Health 2016, San Francisco (United States), Series B	Provider of digital mental healthcare programs with licensed therapist solutions	$55.4M	Industry Ventures, Bold Capital Partners ... & 21 others	70/100
7th	AbleTo 2008, New York City (United States), Acquired	Offers a digital platform to connect people with licensed therapists and coaches	$66.1M	Sandbox Industries, Optum Ventures & 9 others	68/100
8th	Headway 2012, New York City (United States), Series D	Provider of a mental health therapist consultation platform	$321M	Spark Capital, Accel & 14 others	65/100
9th	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	Left Lane Capital, Perceptive Advisors & 12 others	64/100
10th	Rula 2019, Los Angeles (United States), Series A	Online platform offering mental health therapy services	$5.3M	Upfront Ventures, Icon Ventures & 7 others	64/100