Talkspace

About

Funding history · 10 rounds · $1.5B total

Acquisitions · 1

Headcount over time

Offices

Q&A

What is Talkspace's primary business?

Talkspace is a virtual behavioral healthcare company that connects members with licensed therapists and psychiatric providers through a mobile and web platform.

When was Talkspace founded and by whom?

Talkspace was founded in 2012 by Oren and Roni Frank.

What is the current status of Talkspace?

Talkspace is currently in the process of being acquired. In March 2026, Talkspace agreed to be acquired by Universal Health Services, Inc. for approximately $835 million, with the deal expected to close in the third quarter of 2026.

When did Talkspace become a publicly listed company?

Talkspace became publicly listed in 2021 through a merger with Hudson Executive Investment Corp.

What was Talkspace's last private funding round?

Talkspace's last private funding round was a D Round in May 2019, led by Revolution Growth.

How many employees does Talkspace have?

Talkspace has over 500 employees.

What was the amount of the Public Offering round for Talkspace?

In January 2021, Talkspace completed a Public Offering round that raised $250,000,000, with Hudson Executive Investment Corp. (HEIC) as a lead investor.

What was the amount of the PIPE round for Talkspace?

In January 2021, Talkspace completed a PIPE round that raised $300,000,000, with Deerfield and Woodline Partners LP among the lead investors.

Has Talkspace made any acquisitions?

Yes, Talkspace acquired Wisdo Health in October 2025.

Team · 5

Oren Frank

Founder · Co-Founder

Roni Frank

Founder · Co-Founder

Jon R. Cohen

CEO

Douglas Braunstein

Chairman of the Board

Ian Harris

Chief Financial Officer

Sectors & technology

Tags