About Talkspace
Talkspace is a company based in New York (United States) founded in 2011 was acquired by Universal Hospital Services in March 2026. Talkspace has raised $109 million across 7 funding rounds from investors including SoftBank Group, HHS and Norwest Venture Partners. The company has 521 employees as of December 31, 2024. Talkspace has completed 2 acquisitions, including Lasting and Wisdo. Talkspace offers products and services including Individual Therapy, Couples Therapy, Psychiatry, and Teen Therapy. Talkspace operates in a competitive market with competitors including SonderMind, AbleTo, Brightside Health, Cerebral and LifeStance, among others.
- Headquarter New York, United States
- Employees 521 as on 31 Dec, 2024
- Stage Public
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Sectors
Healthcare
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Talkspace, Inc.
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Annual Revenue
$187.59 M (USD)25.02as on Dec 31, 2024
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Net Profit
$1.15 M (USD)0as on Dec 31, 2024
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EBITDA
-$3.64 M (USD)83.47as on Dec 31, 2024
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Total Equity Funding
$109 M (USD)
in 7 rounds
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Latest Funding Round
$2.77 M (USD), Grant
Sep 03, 2020
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Investors
SoftBank Group
& 11 more
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Employee Count
521
as on Dec 31, 2024
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Investments & Acquisitions
Lasting
& 1 more
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Acquired by
Universal Hospital Services
(Mar 09, 2026)
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IPO & Listings of Talkspace
Talkspace is a publicly listed company on the NASDAQ with ticker symbol TALK in USA, operating in the Health services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Talkspace
Talkspace offers a comprehensive portfolio of products and services, including Individual Therapy, Couples Therapy, Psychiatry, and Teen Therapy.
Online sessions for personal mental health support and coping strategies.
Sessions to address relationship issues and improve communication.
Evaluation and medication management for mental health conditions.
Specialized support for adolescents dealing with mental health challenges.
People of Talkspace
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Leadership Team
16 people
Software Development Team
15 people
Sales and Marketing
13 people
Product Management Team
7 people
Senior Team
6 people
Human Resources and Administration
5 people
Finance and Accounting
5 people
Full Team
5 people
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Funding Insights of Talkspace
Talkspace has successfully raised a total of $109M across 7 strategic funding rounds. The most recent funding activity was a Grant round of $2.77 million completed in September 2020. 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 Talkspace
Talkspace has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include SoftBank Group, HHS and Norwest Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
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Revolution is recognized as a D.C.-based investment firm.
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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Late-stage tech investments in Israel are made by Qumra Capital.
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Investor details for Talkspace
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- Investor locations
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Verified entity values are shown only after access is granted.
Investments & Acquisitions by Talkspace
Talkspace has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Lasting and Wisdo.
Investment portfolio details for Talkspace
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Marriage counseling is delivered via an app-based platform.
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Online communities for various health conditions are facilitated.
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Complete acquisition details for Talkspace
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- Transaction dates
- Acquired stakes
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- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Talkspace
Detailed financials for Talkspace
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- Profit trends
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Talkspace Comparisons
Peer comparison for Talkspace
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- Named peers
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- Operating benchmarks
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Competitors of Talkspace
Talkspace 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 SonderMind, AbleTo, Brightside Health, Cerebral and LifeStance, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Virtual telehealth services are provided to individuals and providers.
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Offers a digital platform to connect people with licensed therapists and coaches
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Virtual therapy and treatment for mental health conditions are offered.
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Provider of online counseling services for mental health conditions
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Telehealth bookings for mental health consultations are facilitated online.
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Detailed competitors of Talkspace
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- Full company profiles
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- Competitive positioning
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Latest news on Talkspace
Complete news archive for Talkspace
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Talkspace
Talkspace was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Talkspace is headquartered in New York, United States. It is registered at New York, New York, United States.
Talkspace is a funded company, having raised a total of $109M across 7 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Talkspace is 521.
Annual revenue of Talkspace is $187.59M as on Dec 31, 2024.
Talkspace was established in 2011 in New York, United States, within the mental health sector. Online platforms are utilized to deliver counseling and therapy services for various conditions, including bipolar disorder, stress, and anxiety. Access to licensed therapists is made available through text-based chats at any time, supporting users across the country with flexible mental health treatment options.
Talkspace's top competitors include Brightside Health, Cerebral and SonderMind.
Talkspace offers Individual Therapy, Couples Therapy, Psychiatry, and Teen Therapy.
Yes, Talkspace is publicly traded on NASDAQ under the ticker symbol TALK.
Talkspace has 12 investors. Key investors include SoftBank Group, HHS, Norwest Venture Partners, Universal Hospital Services, and Revolution.
The ticker symbol of Talkspace is TALK on NASDAQ.