About AbleTo
AbleTo is a Technology company based in New York (United States) founded in 2008, and was acquired by Optum in April 2020. It operates in the Technology and Healthcare sectors. 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. Its website ableto.com draws about 55 thousand monthly visits. AbleTo offers products and services including Therapy360, Coaching Services, and Self-Care Programs. Its focus areas include HealthTech, Employee Health IT, Tech Enabled Services and Mental Health. Its legal entity is AbleTo, Inc. Its competitors include Magellan Health, SonderMind and Lyra Health; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters New York, United States
- Stage Acquired
- SectorsTechnologyHealthcare
- Website category Health · Mental Health
- Email••••••••
- Phone•••• ••••
- Website ableto.com
- Social LinkedIn X Facebook
- Acquired by Optum (Apr 2020)
- Legal Name Ableto, Inc.
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.
Apps and channels of AbleTo
AbleTo publishes 1 mobile app with over 50K+ downloads.
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.
- Total Funding $108.75M
- Total Rounds 8
- First Round $3M
(May 2013)
- Investors Count 9
All 8 funding rounds of AbleTo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2019 | Series D | – | Optum Ventures | – | |
| Jun 2018 | $8.5M | Series D | – | Sandbox Industries, Horizon Healthcare Services | |
| Aug 2017 | $36.65M | Series D | – | Bain Capital Ventures | |
| Aug 2017 | $36.6M | Series D | – | – | |
| Jun 2015 | $12M | Series C | – | HLM Venture Partners | |
| Mar 2014 | $6M | Series B | – | Sandbox Industries, BVF | |
| Mar 2014 | $6M | Series B | – | – | |
| May 2013 | $3M | Series A | – | .406 Ventures | – |
10 investors in total: 10 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech and offline focused VC firm funding companies in the US | optumventures.com | Boston, United States | ||
Venture capital fund focused on investing in multiple sectors | baincapitalventures.com | Boston, United States | ||
Early-stage tech companies are supported through venture capital investments. | 406ventures.com | Boston, United States | ||
Early-stage US venture capital investments are made by Sandbox Industries. | sandboxindustries.com | Chicago, United States | ||
VC firm investing in expansion stage tech and life sciences companies in the US | hlmvp.com | Waltham, United States | ||
Funding is provided to healthcare startups by corporate-backed BVF. | blueventurefund.com | Chicago, United States | ||
| bcbsvp.com | ||||
| horizonhealthcareservices.com | ||||
Health insurance plans are provided by Aetna for diverse needs. | 1853 | aetna.com | Hartford, United States | |
Optum is recognized as a leading health solution and care delivery organization. | 2011 | optum.com | Eden Prairie, United States |
Investor details for AbleTo
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People of AbleTo
861 people are tracked at AbleTo (525 in leadership, 9 in board & advisors, 327 in team).
| Name | Role | Group |
|---|---|---|
Nate Olstad | Sr Director, IT Engineering | Leadership |
Kashia Brusse | Sr. Director, Strategic Growth | Leadership |
Vira Adikobi | Director Of Medicare And Medicaid Programs | Leadership |
Jayme McBride | Vice President, Chief Data Office | Leadership |
Lance Jones | Director Of Marketing & Outreach | Leadership |
Mayank Kumar | Director Data Science | Leadership |
John Rex | EVP, CFO | Leadership |
Tyson Owen | Chief Technology Officer | Leadership |
Rob Ostrander | Vice President, Corporate Communications | Leadership |
Brian J. Masterson | Senior Behavioral Health Medical Director | Leadership |
Rahul Dev Mahanta | Director - Data Science And Advanced Analytics | Leadership |
James A. Polo | Chief Medical Officer | Leadership |
Santiago Irurita | Vice President - Hispanic Markets | Leadership |
Angie Wachholz | Director, Executive Recruitment | Unitedhealth Group | Leadership |
Nancy Watterson | Associate Director, Growth Marketing | Leadership |
Ansuman Mohanty | Associate Director, Data Science & AI | Leadership |
Stephen J. Hemsley | CEO | Leadership |
Jagadish Venkataraman | Vice President Of Engineering | Leadership |
Ramamoorthy Senthilkumar | Director Data Science | Leadership |
Yvonne Tavis | Associate Director Of Analytics | Leadership |
841 more people are available in the full profile.
Complete people profiles for AbleTo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by AbleTo
AbleTo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Joyable.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online cognitive behavioral therapy for anxiety treatment is provided. | joyable.com | San Francisco, United States | 2013 | Mar 2019 | •••• |
Complete acquisition details for AbleTo
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Competitors of AbleTo
AbleTo has 3 listed competitors in our database, 3 of them funded. They include Magellan Health, SonderMind and Lyra Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| magellanhealth.com | 1969 | Scottsdale, United States | $101M | 10,506 | Behavioral healthcare management and pharmacy services are provided for employees. | |
| sondermind.com | 2014 | Denver, United States | $276.33M | 275 | Virtual telehealth services are provided to individuals and providers. | |
| lyrahealth.com | 2015 | Burlingame, United States | $915M | 1,145 | AI-powered mental health benefits for employers are provided. |
Detailed competitors of AbleTo
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- Full competitor set
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Web traffic of AbleTo
The website of AbleTo (ableto.com) receives about 54.8K visits a month and ranks #234,522 among all websites worldwide, #282 in Mental Health.
- Monthly visits54.8K
▼ 43.5% vs previous month
- Unique visitors41.9K
per month
- Global rank#234,522
among all websites
- Category rank#282
Health · Mental Health
- Bounce rate28%
- Pages per visit8.0
- Average visit2 min 09 sec
- DevicesDesktop 37% · Mobile 63%
Websites whose visitors overlap most with AbleTo. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
liveandworkwell.com | liveandworkwell.com | 100% | #154,815 | – | |
| sanvello.com | 93% | 3.9K | View details | ||
| caregiver.org | 64% | 89.6K | #366,387 | View details | |
| mobihealthnews.com | 56% | 133.6K | #351,855 | View details | |
chatgpt.com | chatgpt.com | 27% | #6 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for AbleTo
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- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in HR & Workforce Technology
3 companies that operate in the same segment as AbleTo (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M |
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Related news about 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. The company's 1st funding round was a Series A of $3M, raised on May 2013.
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, Magellan Health and SonderMind.
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.
AbleTo operates through Ableto, Inc..
Yes. AbleTo was acquired by Optum in April 2020.
Yes. AbleTo publishes AbleTo, with over 50,000 downloads.