Headway

New York, United States Founded: 2012 • Age: 14 yrs
A mental health therapist consultation platform is provided for users.
Annual revenue $16,527 Latest available
Total funding $321.0M 5 rounds
Employees 134 Tracked headcount
Investors 8 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Headway

Headway is a company based in New York (United States) founded in 2012 by Daniel Ross and Andrew Adams. Headway has raised $321 million across 5 funding rounds from investors including Accel, Health Care Service Corporation and Spark Capital. The company has 134 employees as of December 31, 2021. Headway operates in a competitive market with competitors including AbleTo, SonderMind, Brightside Health, LifeStance and Talkspace, among others.

  • Headquarter New York, United States
  • Employees 134 as on 31 Dec, 2021
  • Founders Daniel Ross, Andrew Adams
  • Stage Unicorn
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $16.53 K (USD)
    10
    as on Dec 31, 2022
  • Net Profit
    $2.33 K (USD)
    236
    as on Dec 31, 2022
  • EBITDA
    Not available
  • Total Equity Funding
    $321 M (USD)

    in 5 rounds

  • Latest Funding Round
    $100 M (USD), Series D

    Jul 23, 2024

  • Investors
    Accel

    & 7 more

  • Employee Count
    134

    as on Dec 31, 2021

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People of Headway

Headcount 200-500
Employee Profiles 209
Employee Profiles
People
Andre Reed
Provider Growth Associate
People
Avery Dwyer
Senior Provider Growth Associate
People
Jordyn Blom
Group Practice Growth Consultant
People
Mariah Smith
Human Resources Business Partner

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Funding Insights of Headway

Headway has successfully raised a total of $321M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in July 2024. 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 Headway

Headway has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Accel, Health Care Service Corporation and Spark Capital.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Spark Capital is engaged in venture capital investments.
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Early-stage technology startups are invested in by Thrive Capital.
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Accel is recognized as a leading venture capital firm.
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Investor details for Headway

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  • Participation history

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Investments & Acquisitions by Headway

Investments
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Investment portfolio details for Headway

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Financial Statements - Headway

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Detailed financials for Headway

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  • Profit trends
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Headway Comparisons

Headway Primary company
Description
A mental health therapist consultation platform is provided ...
Location
New York, United States
Founded Year
2012
Annual Revenue
$16.53 K (USD)
Net Profit
$2.33 K (USD)
EBITDA
Not available
Employees
134
As of 2021
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Peer comparison for Headway

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Competitors of Headway

Headway 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 AbleTo, SonderMind, Brightside Health, LifeStance and Talkspace, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Offers a digital platform to connect people with licensed therapists and coaches
Locked Locked Locked
Virtual telehealth services are provided to individuals and providers.
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Virtual therapy and treatment for mental health conditions are offered.
Locked Locked Locked
Telehealth bookings for mental health consultations are facilitated online.
Locked Locked Locked
Online counseling and therapies for mental health conditions are provided.
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Provider of online counseling services for mental health conditions
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Detailed competitors of Headway

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Latest news on Headway

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Complete news archive for Headway

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Frequently Asked Questions about Headway

Headway was founded in 2012 and raised its 1st funding round 7 years after it was founded.

Headway is headquartered in New York, United States. It is registered at New York, New York, United States.

Andrew Adams is the current CEO of Headway. They have also founded this company.

Headway is a funded company, having raised a total of $321M across 5 funding rounds to date.

As of Dec 31, 2021, the latest employee count at Headway is 134.

Annual revenue of Headway is $16.53K as on Dec 31, 2022.

Headway was founded in 2012 in New York, United States, as a provider in the mental health sector. A platform is offered that enables users to locate therapists for in-person or virtual sessions. Insurance plans are integrated to facilitate payments for these consultations. Operations focus on connecting individuals with qualified mental health professionals across the country.

Headway's top competitors include Brightside Health, Talkspace and Cerebral.

Headway has 8 investors. Key investors include Accel, Health Care Service Corporation, Spark Capital, Thrive Capital, and Andreessen Horowitz.

The valuation of Headway is $1B as of Oct 2023.

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