Two Chairs: Revolutionizing Behavioral Health Care

April 17, 2024, 9:34 pm
Talkspace
Talkspace
Location: United States, New York
Employees: 501-1000
Founded date: 2012
Total raised: $112.5M
Rock Health
Rock Health
Location: United States, California, San Francisco
Employees: 11-50
Founded date: 2010
Bridge Bank
Location: United States, California, San Jose
Employees: 201-500
Founded date: 2001
Total raised: $52.5M
Two Chairs, a San Francisco-based behavioral health company, recently secured a whopping $72 million in Series C equity and debt funding. Led by Amplo and Fifth Down Capital, this round of funding brings the company's total capital raised to an impressive $103 million. Founded in 2017 by CEO Alex Katz, Two Chairs offers a unique therapy model where licensed clinicians match patients with their ideal therapist, utilizing a system for measurement-based care to ensure faster and more effective treatment. With over 500 licensed therapists specializing in 90 areas of expertise, Two Chairs has already impacted more than 20 million lives. The company's hybrid care approach combines in-person and virtual therapy, with plans to expand into additional states in the coming year. Partnering with major healthcare providers like Aetna and Kaiser Permanente, Two Chairs is committed to delivering exceptional mental health care to those in need. The recent funding will further fuel the company's growth, allowing for the hiring of more therapists, expansion into new states, and continued investment in cutting-edge technology. Despite the rise of virtual therapy platforms, Two Chairs remains dedicated to providing high-quality, personalized care that truly makes a difference in people's lives.