We take a look at our top 5 US-based mental health companies
We work extensively with Happify Health which is an excellent tech-based company in New York. You can read all about their innovative approach to tackling mental health issues. In addition to Happify, here are 5 other US-based mental health tech companies to look out.
Over the last few years, there has been a surge in Mental Health companies coming out of the woodwork and more recognition for the sector in general. You have some notable businesses for Health Tech, such as Headspace, which specializes in meditation and techniques for improving your sleep. But let’s talk about some that you might’ve not heard of!
Talkspace is an online and mobile therapy company based in New York City. It was founded by Oren and Roni Frank in 2012. Therapy support is provided through their mobile app/website, as people can speak to licensed therapists. All that’s needed to get going is a brief assessment to fill out and then matching with a suitable clinician. The process is beneficial for those that don’t have much time in their schedule and is flexible to meet your needs and lifestyle.
Talkspace has more than 60,000 5-Star reviews to prove its credibility and as per its financial report of December 31st, 2021, they’ve had a growth of 14% Revenue of $29 Million, driven by an increase in covered lives from health plan clients and new enterprise clients, a higher number of completed B2B sessions, and a favourable revenue reserve on receivables from prior periods of $0.8 million.
The company was founded in 2019, and is an online mental health service providing both medication management and counselling. It’s seen a massive growth since its inception, as within 2 years the company has raised $462 million in total funding. The San Francisco-based company has more than 2,000 clinicians across 50 U.S. states and partners with insurers such as Cigna, Aetna, Magellan, and more.
You can start therapy today for as little as $29 for your first online 1:1 session and the company has 300,000 Cerebral members proactively using its services. There are three different types of plans to choose from, which includes medication management, counselling, and online treatment. You can choose to use the mobile app version or the web and support from doctors, nurses and can be provided.
87% of reviewers according to “Reviews.1o” recommend Cerebral amongst its 4.5 rating and 443 reviews.
Founded in 2012, Learntolive has developed an innovative way to help those who have struggled to find available therapists and psychologists. Focusing on online Cognitive Behavioral Therapy (CBT) programs that are confidential, accessible at home and effective. They offer programs for social anxiety, depression, insomnia, and stress.
Their programs allow users to engage in CBT-based exercises and multi-media activities focused on mental health issues. They also allow participants to enlist friends, family or others as teammates, who can support them throughout the process.
Members have positive feedback, stating that it helped them use techniques to battle feeling overwhelmed in situations and looking at daunting scenarios as challenges and other users complimenting its educational style of content.
Clarigent Health was founded in 2018 in Mason, Ohio by Don Wright with the vision to change the status quo about mental health and its lack of awareness for many. Their core technology has been researched and developed for more than a decade. Their “Clarity” app uses machine learning algorithms to pick up small differences in a person’s language to identify which patients are at risk of suicide It gives clinicians an objective and supportive way to identify and measure their patient/client’s mental health risk.
With a combination of clinicians focusing on the human conversation with their patients, the AI can focus on vocal analysis to come to clinical decisions. The Clarity app can deconstruct speech for patterns of concern. Clarity uses vocal biomarkers to help clinicians detect subtle warning signs for suicide and other mental health conditions.
Currently, it has total funding of $1.6m as per Crunchbase.
The company Hurdle was founded in 2014, operating in Washington D.C. The ideology is to create a safe space, where culture and inclusion are at the forefront. Hurdle takes pride in the fact that culturally-induced care and tailored content are provided, with patients having access to ongoing training designed by leading academics to equip them to treat any population dealing with emotional and mental health challenges.
Able to deal with a range of mental illnesses including substance use, trauma, PTSD, and more. The pairing will ensure that you can be put with a licensed therapist equipped to help you with your issues. They’re all background checked and have received ongoing evidence-based training to improve cultural humility and responsiveness.
Their therapists encourage that your narrative will not only be heard and acknowledged but also put in perspective to understand your experiences.
Currently, Hurdle has a funding of $5m according to Crunchbase.
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