Company profile: BetterHelp
1.1 - Company Overview
Company description
- Provider of an online counseling platform connecting members with licensed therapists for individual and teen therapy. Offers messaging, live chat, phone, and video sessions; algorithm-based provider matching; easy therapist switching; access to 150+ digital worksheets and modules; and 20+ weekly live interactive group seminars.
Products and services
- Professional Therapy With A Licensed Therapist: BetterHelp delivers online, licensed therapist-led individual and teen therapy, connecting clients via computer, tablet, or mobile phone to conduct therapy sessions with professional mental health care
- Smart Provider Matching: BetterHelp architects an algorithm-based matching system that connects users with therapists based on their needs and preferences, improving therapist fit to begin therapy quickly
- Messages, Chat, Phone, Video Sessions: BetterHelp offers live communication methods—messaging, chat, phone calls, and video conferencing—to conduct therapy on computer, tablet, or mobile devices, enabling remote interaction with licensed therapists
Key contacts
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Financial details
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1.2 - Competitors and similar companies to BetterHelp
Medeo
HQ: Canada
Website
- Description: Provider of secure medical video conferencing enabling patients in British Columbia to connect with their doctors via computer, iPhone, or iPad. Supports access to care regardless of location, mobility, or time constraints. Uses bank-grade Canadian data centres to secure health information and keep data in Canada.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Area Medical 24
HQ: Italy
Website
- Description: Provider of home and outpatient medical visits; home physiotherapy; pediatric and specialist visits; home nursing procedures; oss at home; scheduled medical transport; video consulting and telemedicine; specialist consultations over the phone; sale and rental of medical-surgical devices.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Area Medical 24 company profile →
DirectDerm
HQ: United States
Website
- Description: Provider of teledermatology consultative services, letting patients upload details and photos for board-certified dermatologists to provide diagnoses and treatment plans within 48 hours. Includes e-prescriptions, follow-up consultations, expedited in-person dermatologist appointments, and partnerships with healthcare providers for coordinated care.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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DoctorsForMe
HQ: United States
Website
- Description: Provider of data-driven doctor-matching services helping patients with cancer and other complex conditions find the right physicians by measuring doctors’ expertise and clinical excellence through analysis of billions of data points.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full DoctorsForMe company profile →
TimelyCare
HQ: United States
Website
- Description: Provider of virtual health and well-being services for higher education, aimed at fostering student success and improving campus community health. Founded in 2017, serving millions of students, educators, and staff across more than 350 campuses nationwide.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full TimelyCare company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for BetterHelp
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to BetterHelp
2.2 - Growth funds investing in similar companies to BetterHelp
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4 - Top valuation comps for BetterHelp
4.2 - Public trading comparable groups for BetterHelp
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