With prices starting as low as $40 a week on a monthly basis, the company says if offers a more affordable and convenient way to improve mental health that has been used by some 500,000 people. It says 70% of its clients have never previously had therapy.
The company employs 70 people, including a team of therapists who provide consulting and referral services followed by interaction with clients by text, voice and video. The service, however, is available only in English and not in Israel.
The Israeli venture capital fund Qumra Capital led the round, which brings TalkSpace’s total fundraising to $60 million since it was founded in 2012. Existing investors Norwest Venture Partners, Spark Capital, SoftBank, Compound Ventures and FirstTime joined in the round, TalkSpace said.
read more: http://www.haaretz.com/israel-news/business/1.810992