About AbleTo
AbleTo is a company based in New York (United States) founded in 2008 was acquired by Optum in April 2020. AbleTo has raised $108.75 million across 8 funding rounds from investors including Optum, Aetna and Optum Ventures. AbleTo has completed 1 acquisition, including Joyable. AbleTo offers products and services including Therapy360, Coaching Services, and Self-Care Programs. AbleTo operates in a competitive market with competitors including Magellan Health, SonderMind, Lyra Health, Thrive Global and Talkspace, among others.
- Headquarter New York, United States
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TechnologyHealthcare
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- Legal Name Ableto, Inc.
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Products & Services of AbleTo
AbleTo offers a comprehensive portfolio of products and services, including Therapy360, Coaching Services, and Self-Care Programs.
Virtual program to manage depression and anxiety symptoms.
Sessions to build coping skills and reduce stress.
On-demand resources for emotional management and well-being.
People of AbleTo
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Software Development Team
329 people
Leadership Team
206 people
Data Analysis and Operations Team
57 people
Sales and Marketing
53 people
Product Management Team
29 people
Senior Team
27 people
Finance and Accounting
26 people
Human Resources and Administration
23 people
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Funding Insights of AbleTo
AbleTo has successfully raised a total of $108.75M across 8 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in AbleTo
AbleTo has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Optum, Aetna and Optum Ventures.
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Early-stage tech and offline focused VC firm funding companies in the US
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Venture capital fund focused on investing in multiple sectors
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Early-stage tech companies are supported through venture capital investments.
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Investor details for AbleTo
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Investments & Acquisitions by AbleTo
AbleTo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Joyable.
Investment portfolio details for AbleTo
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Online cognitive behavioral therapy for anxiety treatment is provided.
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Complete acquisition details for AbleTo
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Financial Statements - AbleTo
Detailed financials for AbleTo
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Ableto Comparisons
Peer comparison for AbleTo
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Competitors of AbleTo
AbleTo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Magellan Health, SonderMind, Lyra Health, Thrive Global and Talkspace, among others.
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Behavioral healthcare management and pharmacy services are provided for employees.
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Virtual telehealth services are provided to individuals and providers.
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AI-powered mental health benefits for employers are provided.
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Mental wellbeing coaching platform is provided for enterprises.
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Online counseling and therapies for mental health conditions are provided.
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Detailed competitors of AbleTo
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Latest news on Ableto
Complete news archive for AbleTo
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Frequently Asked Questions about AbleTo
AbleTo was founded in 2008 and raised its 1st funding round 5 years after it was founded.
AbleTo is headquartered in New York, United States. It is registered at New York, New York, United States.
AbleTo is a funded company, having raised a total of $108.75M across 8 funding rounds to date.
Offers a digital platform to connect people with licensed therapists and coaches. Plan members have to take a questionnaire to assess their level of need, and the platform matches them with a behavioral health coach and a therapist through a phone or video chat. Individuals can privately access the 22-question, app-based screener without officially enrolling in a program. The tool is based on clinically-validated assessments such as the PHQ2 and GAD2, which screen for common behavioral and mental health conditions, and is intended for people dealing with stress from any number of things such as major life events or transitions, substance abuse, trauma, depression or anxiety. Goals are set as part of an eight-week personalized program.
AbleTo's top competitors include Lyra Health, Thrive Global and Magellan Health.
AbleTo offers Therapy360, Coaching Services, and Self-Care Programs.
AbleTo has made 1 acquisition, including Joyable.
AbleTo has 10 investors. Key investors include Optum, Aetna, Optum Ventures, Bain Capital Ventures, and .406 Ventures.