Talkspace

New York, United States Founded: 2011 • Age: 15 yrs Listed Acquired By Universal Hospital Services
Online counseling and therapies for mental health conditions are provided.

About Talkspace

Talkspace is a publicly listed company based in New York (United States) founded in 2011, and was acquired by Universal Hospital Services in March 2026. Online counseling and therapies for mental health conditions are provided. Talkspace has raised $109 million across 7 funding rounds from investors including SoftBank Group, HHS and Norwest Venture Partners. The company has 521 employees. Talkspace has completed 2 acquisitions, including Lasting and Wisdo. Its website talkspace.com draws about 2 million monthly visits. Talkspace offers products and services including Individual Therapy, Couples Therapy, Psychiatry, and Teen Therapy. Its focus areas include HealthTech, Healthcare Booking Platforms, Doctors and Telemedicine. Its legal entity is HUDSON EXECUTIVE INVESTMENT CORP. Its competitors include SonderMind, AbleTo and Brightside Health; 3 of its 3 listed competitors have raised funding.

Company details

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.

Key Metrics
  • Annual Revenue
    $187.59 M (USD)
    25.02
    as on Dec 31, 2024
  • Net Profit
    $1.15 M (USD)
    as on Dec 31, 2024
  • EBITDA
    -$3.64 M (USD)
    83.47
    as on Dec 31, 2024
  • Total Equity Funding
    $109M (USD)

    in 7 rounds

  • Latest Funding Round
    $2.77M (USD), Grant

    Sep 2020

  • Investors
  • Employee Count
    521
  • Investments & Acquisitions
    Lasting

    & 1 more

  • Acquired by

Products & Services of Talkspace

Talkspace offers a comprehensive portfolio of products and services, including Individual Therapy, Couples Therapy, Psychiatry, and Teen Therapy.

Individual Therapy
Therapy Service

Online sessions for personal mental health support and coping strategies.

Couples Therapy
Therapy Service

Sessions to address relationship issues and improve communication.

Psychiatry
Medical Service

Evaluation and medication management for mental health conditions.

Teen Therapy
Therapy Service

Specialized support for adolescents dealing with mental health challenges.

Apps and channels of Talkspace

Talkspace publishes 2 mobile apps with over 500K+ downloads.

Talkspace Therapy & Counseling
Google Play Health & Fitness Everyone Free
Developer: Talkspace
View on Google Play
Talkspace Therapy and Support
App Store Health & Fitness 12+
Developer: Groop Internet Platform inc.
View on App Store

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.

  • Total Funding $109M
  • Total Rounds 7
  • Last Round Grant β€” $2.77M
  • First Round $2.5M

    (May 2014)

  • Investors Count 11

All 7 funding rounds of Talkspace with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2020$2.77MGrant––
May 2019$50MSeries D–Revolution
Sep 2017$31MSeries C–Qumra Capital
Jun 2016$15MSeries B–Norwest Venture Partners
May 2015$9.5MSeries A–Spark Capital, SoftBank Capital
Dec 2014$1MSeed–Compound
May 2014$2.5MSeed–SoftBank Capital, SoftBank Group
–
Valuation history

12 investors in total: 12 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Revolution is recognized as a D.C.-based investment firm.
revolution.comWashington, Dc, United States
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
1961nvp.comMenlo Park, United States
Late-stage tech investments in Israel are made by Qumra Capital.
qumracapital.comTel Aviv, Israel
Spark Capital is engaged in venture capital investments.
sparkcapital.comSan Francisco, United States
Compound is recognized as a thesis-driven investment firm.
compound.vcNew York, United States
Firstime Ventures is focused on investing in sustainable technology companies.
firstime.vc
Early-stage investments in tech companies are made globally.
softbankvc.comNew York, United States
thetime.co.il
Public health and human services are overseen by HHS.
1953hhs.gov
mv.vc
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Investor details for Talkspace

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People of Talkspace

94 people are tracked at Talkspace (34 in leadership, 8 in board & advisors, 52 in team); the tracked headcount is 521.

NameRoleGroup
Jeannine Feyen
Director Of CommunicationsLeadership
Jon R. Cohen
CEOLeadership
Katelyn Watson
Chief Marketing OfficerLeadership
John Reilly
Chief Legal Officer & EVP, Government RelationsLeadership
Lire Jackson
Director, Client EngagementLeadership
Natalie Cummins
Chief Business OfficerLeadership
Gil Margolin
CTOLeadership
Erin Boyd
Chief Growth Officer, EnterpriseLeadership
Andrea Cooper
Chief People OfficerLeadership
Nolan Tesone
Vice President Of Business DevelopmentLeadership
Amy Fleming
Senior Director, People Operations (hrbp)Leadership
Tina Prioleau
Office Manager / Executive Assistant To CEO And CFOLeadership
Raj Kapadia
Director/consultant - Financial Planning & Analysis, MarketingLeadership
Pamela Y.
Director Of Product ManagementLeadership
Jonatan Meczyk
Director Of Product ManagementLeadership
Katie Hurst
Director Enterprise MarketingLeadership
Vita Phillips
Head Of Social MediaLeadership
Jenna Cherry
People Operations Business Partner IILeadership
Jack Miller
Director Of SRE & SecurityLeadership
Kaleigh Oleynik
Svp, Chief Of StaffLeadership

74 more people are available in the full profile.

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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.

  • IPO date23 Jun 2021
  • Listed onNASDAQ: TALK
  • Listed entityTalkspace, Inc.
  • Exchange sectorHealth services
  • ISINUS87427V1035
  • Share price$5.19 (+0.19% on the day) · 2026-05-11
  • Market capitalisation$869.4M
  • Price to earnings114.6
  • EPS (diluted, trailing year)$0.05
  • Volume (last session)1,119,590
  • Analyst consensusNeutral

Financials of Talkspace

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2024$187.6M$1.1M-$3.6M
2023$150.0M-$19.2M-$22.0M
2022$119.6M-$79.7M-$75.7M
2021$113.7M-$62.7M-$92.0M
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Detailed financial statements for Talkspace

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Investments & Acquisitions by Talkspace

Talkspace has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Lasting and Wisdo.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Online communities for various health conditions are facilitated.
wisdo.comRamat Hasharon, Israel2015Oct 2025β€’β€’β€’β€’
Marriage counseling is delivered via an app-based platform.
getlasting.comChevy Chase, United States2016Nov 2020β€’β€’β€’β€’
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Complete acquisition details for Talkspace

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Timeline of Talkspace

7 dated milestones of Talkspace across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded Talkspace is founded.
  2. Funding First funding round of $2.5M.
  3. Funding Latest funding round, Grant, of $2.8M.
  4. Acquisition Acquires Lasting.
  5. IPO Lists on the stock exchange (IPO).
  6. Acquisition Acquires Wisdo.
  7. Exit Acquired by Universal Hospital Services.

Competitors of Talkspace

Talkspace has 3 listed competitors in our database, 3 of them funded. They include SonderMind, AbleTo and Brightside Health.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
sondermind.com2014Denver, United States$276.33M275
Virtual telehealth services are provided to individuals and providers.
ableto.com2008New York, United States$108.75M1,125
Offers a digital platform to connect people with licensed therapists and coaches
brightside.com2017San Francisco, United States$114.37M241
Virtual therapy and treatment for mental health conditions are offered.
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Detailed competitors of Talkspace

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Web traffic of Talkspace

The website of Talkspace (talkspace.com) receives about 2M visits a month and ranks #23,831 among all websites worldwide, #540 in Mental Health.

  • Monthly visits
    2M

    ▲ 6.2% vs previous month

  • Unique visitors
    922.6K

    per month

  • Global rank
    #23,831

    among all websites

  • Category rank
    #540

    Health · Mental Health

Similar websites

Websites whose visitors overlap most with Talkspace. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
psychcentral.com
100%
1.5M#31,823View details
talkiatry.com
97%
2.1M#27,669View details
betterhelp.com
96%
6.8M#9,576View details
growtherapy.com
95%
6.4M#9,476View details
rula.com
93%
1.6M#36,917View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Talkspace

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Top companies in Digital Health & Telemedicine

3 companies that operate in the same segment as Talkspace (Digital Health & Telemedicine) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
An application is provided for comparing prescription drug prices nationwide.
2011Santa Monica, California, United StatesUSD 22.21 MUSD 796.85 M1,063
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M1,365
Alto Pharmacy is focused on providing convenient prescription delivery services.
2015San Francisco, California, United StatesUSD 591.64 M802
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Related news about Talkspace

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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. The company's 1st funding round was a Seed of $2.5M, raised on May 2014.

Talkspace has 521 employees.

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, SonderMind and AbleTo.

Talkspace offers Individual Therapy, Couples Therapy, Psychiatry, and Teen Therapy.

Yes, Talkspace is publicly traded on NASDAQ under the ticker symbol TALK.

Talkspace has made 2 acquisitions, including Lasting, and Wisdo.

Talkspace has 12 investors. Key investors include SoftBank Group, HHS, Norwest Venture Partners, Universal Hospital Services, and Revolution.

Talkspace operates through Hudson Executive Investment Corp..

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