Talkspace Obtains $15,000,000 Series B Financing

  • Feed Type
  • Date
    6/14/2016
  • Company Name
    Talkspace
  • Mailing Address
    157 Columbus Ave. New York, NY 10023 USA
  • Company Description
    Founded in 2012, Talkspace offers therapy for how we live today – affordable anonymous therapy with professional licensed therapists, anytime and anyplace, through a mobile device or on the Web.
  • Website
    http://www.talkspace.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $15,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Talkspace’s Unlimited Messaging Therapy program, which connects people with a licensed therapist on the web or via mobile apps for a fraction of the price of traditional therapy, has provided 300,000 people with a more affordable, accessible way of getting mental health care. In the past year, Talkspace tripled its user base, and the company has expanded its network of licensed therapists to almost 1,000 specialists to meet the high demand of new users. The company will use the proceeds to fuel its growth initiatives.
  • M&A Terms
  • Venture Investor
    Norwest Venture Partners
  • Venture Investor
    Spark Capital
  • Venture Investor
    SBNY
  • Venture Investor
    Metamorphic Ventures

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