Talkspace

The telehealth giant is reportedly in talks to acquire the mental health company for $1.50/share...

The new offering includes self-guided sessions and live workshops, helping parents raise healthy, resilient kids in the post-pandemic age.

The virtual behavioral healthcare company is now trading on Nasdaq under the symbol TALK; As part of the deal, it also got $250M of growth capital.

The program was sponsored entirely by Talkspace with the idea that mental health care should not be a privilege for the rich, but a right of every human being.

The first test will be a 500-person study of anxiety, stress, and depression at Columbia University, followed by a PTSD study at Duke.

The latest features update enables patients to exchange audio and video messages with their therapist, for a more enriching online therapy experience.

The program will use evidence-based treatment practices to bring awareness to the negative effects of social media and help users develop coping strategies.

Participants experienced improved psychological well-being in three months, with higher satisfaction given to convenience and affordability, among other things.

Spark Capital led the round with participation from SoftBank; the fresh capital will go towards expand the company's tech team and improving the technology.

The company offers a real-time on-demand therapy platform that connects people with licensed therapists anytime, anywhere.