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Talkspace

New York, New York, United Statestalkspace.com ↗

Ownership: Private
Employees: ~521
Development stage: Commercial

Overview

Talkspace offers commercialized virtual mental health services with over a decade of experience. The company has demonstrated clinically validated outcomes across more than thirty studies and four NIH awards. In early 2025, it reported its first profitable quarter driven by business-to-business contracts and Medicare expansion. It covers approximately 131 million lives through partnerships with employers, payers, government contracts, schools, and direct-to-consumer offerings. Recent clinical initiatives include expanded access to high-acuity specialty care via the Behavioral Health Consortium.

Therapeutic areas: Psychiatry
Modalities: Non-pharmacological therapyDevice (digital platform/app)Psychiatry (medication management; Small molecule if including prescribed drugs via psychiatry service)Self-guided digital programs (Non-pharmacological therapy)
Industry: Non-Academic Healthcare

Partnerships

New York City Department of Health & Mental Hygiene ("TeenSpace" contract)Baltimore County Public SchoolsAmazon Health Services integration for insurance-covered virtual care accessOvia Health by Labcorp/Women’s Health Coalition for Digital Solutions partnershipBehavioral Health Consortium partners including specialty providers in substance use/eating disorder treatment

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