- CEO
- Jon R. Cohen
- Full Time Employees
- 339
- Sector
- Healthcare
- Industry
- Medical - Care Facilities
- Address
- 2578 Broadway New York City DE United States of America 10025
- IPO Date
- Jul 30, 2020
- Business
- Talkspace, Inc. (Nasdaq: TALKW) operates as a leading virtual behavioral healthcare company that provides online therapy and psychiatry services connecting patients with licensed therapists, psychologists, and psychiatric providers across the United States through web and mobile platforms; core offerings include unlimited text, audio, and video messaging therapy; live video sessions; self-guided programs for emotional intelligence and well-being; Precision Therapy powered by machine learning and natural language processing for optimized diagnosis and treatment insights; couples therapy; comprehensive psychiatry with medication management and evaluation; and specialized care for over 150 mental health conditions such as anxiety, depression, trauma, hormonal shifts, LGBTQIA+ issues, substance use, and eating disorders, available to individuals aged 13 and older via direct-to-consumer subscriptions, health insurance plans including Medicare and Medicare Advantage, employers, payers, government contracts, and employee assistance programs. Founded in 2012 by Oren and Roni Frank and headquartered at 55 Broadway in New York City, the company shifted its primary focus in 2022 from direct-to-consumer services to enterprise and payer partnerships to drive scalability and revenue growth. Recent developments include a $26 million contract in 2023 with New York City for free teen therapy services; the 2024 launch of the Behavioral Health Consortium for high-acuity referrals and co-launch of the Women's Health Coalition with Ovia Health by Labcorp and partners like Conceive and Nurx to advance women's mental health solutions; a partnership with Amazon Health Services for insured virtual therapy access; achievement of its first profitable quarter in early 2025 driven by B2B contracts and Medicare expansion; a November 2025 strategic alliance with Novo Nordisk to boost AI innovation; and the October 2025 acquisition of Wisdo Health, a peer support and coaching platform, to enhance AI-powered social health communities including Talkspace Teenspace.