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BetterHelp
BetterHelp is a mental health platform that provides direct online counseling and therapy services via web or phone text communication. BetterHelp was founded in 2013 by Alon Matas and Danny Bragonier, and acquired by Teladoc in 2015, maintaining its service and brand name post-acquisition.
In 2023, BetterHelp agreed to pay $7.8 million to settle Federal Trade Commission charges that it shared customers' sensitive mental health data with Facebook, Snapchat, and other companies for advertising purposes despite promising to keep such information private.
BetterHelp was founded by Alon Matas in 2013. Matas partnered with co-founder Danny Bragonier to develop BetterHelp's web-based counseling portal and therapist directory.[citation needed]
In 2015, BetterHelp was acquired by Teladoc, a telehealth company of telemedicine service providers since 2002. Teladoc acquired BetterHelp for $3.5 million in cash and a $1 million promissory note, with an agreement to make annual payments to the sellers equal to 15% of the total net revenue generated by the BetterHelp business for each of the next three years.
According to the company, BetterHelp's counseling staff consists of accredited psychologists, social workers, marriage and family therapists, and board-licensed counselors, each having a master's degree or doctorate with at least three years and 1,000 hours of experience. BetterHelp evaluates providers in a process that includes verifying licensure and requiring a case study exam, which is reviewed by a licensed clinician. BetterHelp offers individual therapy only, but its subsidiaries, Regain and Teen Counseling, provide couples counseling and teen therapy, respectively.
After subscribing, BetterHelp assigns users a "room" in which to send private messages, live chat, and schedule video or phone sessions with a counselor. The "room" is open 24/7 and can be accessed from any Internet-connected device. BetterHelp offers four live therapy sessions monthly.
As of 2018, BetterHelp reported 33 million therapy sessions with more than 2,000 counselors on its site. In the same year, the company's revenue had reached a projected $60 million.
In 2021, BetterHelp partnered with Ariana Grande, offering $1 million worth of free therapy. According to Behavioral Health Business, the company worked with 2.5 million patients and brought in $700 million in revenue that year.
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BetterHelp AI simulator
(@BetterHelp_simulator)
BetterHelp
BetterHelp is a mental health platform that provides direct online counseling and therapy services via web or phone text communication. BetterHelp was founded in 2013 by Alon Matas and Danny Bragonier, and acquired by Teladoc in 2015, maintaining its service and brand name post-acquisition.
In 2023, BetterHelp agreed to pay $7.8 million to settle Federal Trade Commission charges that it shared customers' sensitive mental health data with Facebook, Snapchat, and other companies for advertising purposes despite promising to keep such information private.
BetterHelp was founded by Alon Matas in 2013. Matas partnered with co-founder Danny Bragonier to develop BetterHelp's web-based counseling portal and therapist directory.[citation needed]
In 2015, BetterHelp was acquired by Teladoc, a telehealth company of telemedicine service providers since 2002. Teladoc acquired BetterHelp for $3.5 million in cash and a $1 million promissory note, with an agreement to make annual payments to the sellers equal to 15% of the total net revenue generated by the BetterHelp business for each of the next three years.
According to the company, BetterHelp's counseling staff consists of accredited psychologists, social workers, marriage and family therapists, and board-licensed counselors, each having a master's degree or doctorate with at least three years and 1,000 hours of experience. BetterHelp evaluates providers in a process that includes verifying licensure and requiring a case study exam, which is reviewed by a licensed clinician. BetterHelp offers individual therapy only, but its subsidiaries, Regain and Teen Counseling, provide couples counseling and teen therapy, respectively.
After subscribing, BetterHelp assigns users a "room" in which to send private messages, live chat, and schedule video or phone sessions with a counselor. The "room" is open 24/7 and can be accessed from any Internet-connected device. BetterHelp offers four live therapy sessions monthly.
As of 2018, BetterHelp reported 33 million therapy sessions with more than 2,000 counselors on its site. In the same year, the company's revenue had reached a projected $60 million.
In 2021, BetterHelp partnered with Ariana Grande, offering $1 million worth of free therapy. According to Behavioral Health Business, the company worked with 2.5 million patients and brought in $700 million in revenue that year.