Last year’s surge of digital health companies hitting the stock exchange appears to be continuing into 2021, as both Amwell and Talkspace announced public exit plans this week.
First up is Amwell, which announced Tuesday that it has created a proposed public offering to extend 11,280,647 shares of its Class A common stock to the public. Additionally, the underwriters will be given a 30-day option...
The National Institutes of Health have awarded the teletherapy platform Talkspace two grants worth nearly $7 million to research patients’ experiences with digital mental health services.
The first grant is almost $4 million and comes from the NIH’s National Institute of Mental Health Small Business Innovation Research (SBIR) program. It will support a four-year randomized control trial that...
Digital mental health company Talkspace is dipping into the relationship industry with its acquisition of couple counseling tool Lasting for an undisclosed sum.
Talkspace has traditionally offered one-on-one therapy via a virtual platform, however, recently it was seeing new demands.
“Our growth and our expansion into relationship or couples therapy recently launched and we’ve done it...
Driving digital diagnosis. Roche and Israeli life sciences investment firm aMoon announced plans this week to launch an early-stage investment program called StarFinder Lab. Focused on novel diagnostic technologies, in particular, with the help of AI data analysis and digital health tools, the program will provide funding, mentoring and other strategic support such as a physical office space...
Globally more and more health professionals are stressing the importance of mental health services, but getting patients those services can be tricky. The shortage of trained professionals and the stigma of mental illness in many countries around the world have often created a barrier to treatment. But recently technology has come into play to tackle some of these challenges.
“There is a...
Two UnitedHealth Group senior executives have accepted leadership roles at Talkspace, the online therapy company announced in a recent statement. Dr. Neal Leibowitz, formerly a senior behavioral health medical director at UnitedHealth Group, will become Talkspace’s first chief medical officer, while Deb Adler, a senior vice president at UnitedHealth Group’s Optum, will serve as senior VP of...
DocASAP’s online patient appointment scheduling is now among the services available to providers who use Greenway Health’s integrated EHR and patient management products. Through the Greenway Marketplace, DocASAP said that its product, which also includes optimized patient-provider matching, will now be easily available to as many as 19,000 new providers.
“Being a Greenway partner allows us to...
Update: A previous version of this post included out-of-date information from an older draft of Talkspace's press release.
Online therapy company Talkspace is now flush with $31 million in new financing. Qumra Capital, an Israel-based growth stage fund, led the Series C round and was joined by existing investors Norwest Venture Partners, Spark Capital, SoftBank, Compound Ventures, and FirstTime...
Los Angeles-based online mental health company iExhale has raised $1.86 million in seed funding in a round led by Dorilton Capital. The company, which makes an iOS app that allows people to instant message with licensed therapists or simply share anonymously how they are feeling or offer support to others on the iExhale social network, plans to use the funding to build upon its current offerings...
Chat-based therapy start-up Talkspace was accused of a number of ethically questionable practices in an extensive investigative piece published yesterday by The Verge.
Citing internal memos and emails and numerous interviews with anonymous therapists on the platform, the Verge reported several troubling findings including that Talkspace monitored conversations between therapists and patients,...
