AbleTo

AbleTo

Virtual behavioral health services and support

About

AbleTo provides virtual behavioral health services that allow clients to receive care from home. Their approach combines digital emotional health programs with one-on-one support from licensed therapists and coaches. These programs are based on scientific research and are tailored to meet the individual needs of clients, typically spanning 8 weeks. AbleTo partners with health plans and employers to enhance mental health care access and improve employee well-being. The company stands out by emphasizing continuous training for its therapists and clinical oversight from experienced professionals, ensuring high-quality care. The goal of AbleTo is to make mental health support accessible, personalized, and effective for all clients.

Company Stage

Late Stage VC

Employees

501-1,000

Industries

Consumer Software, Healthcare

Total Funding

$59.9M

Headquarters

New York City, New York

Founded

2008


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Simplify's Take

What believers are saying

  • Increased demand for virtual mental health services boosts AbleTo's market reach.
  • AI integration enhances the effectiveness of AbleTo's evidence-based programs.
  • Growing corporate wellness focus increases demand for AbleTo's services.

What critics are saying

  • Emerging mental health platforms could challenge AbleTo's market position.
  • UnitedHealth Group acquisition may impact AbleTo's operational autonomy.
  • Dependency on major clients like UnitedHealthcare poses partnership risks.

What makes AbleTo unique

  • AbleTo offers personalized, evidence-based virtual therapy programs with licensed therapists.
  • The company integrates AI to enhance therapy personalization and effectiveness.
  • AbleTo partners with health plans and employers to provide accessible mental health care.

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Growth & Insights
Headcount

6 month growth

-9%

1 year growth

-18%

2 year growth

-21%

Benefits

Progressive parental leave - A most modern benefit so both new mothers and fathers can bond as a family.

Fully-funded HRA - You and your family’s health are important to us, so we fund a generous HRA that fully covers most deductibles.

Creative lifestyle benefits - Enjoy discounts on entertainment and travel, as well as complimentary fitness classes and spa treatments for you and your family.

Generous time off - We encourage individual holiday traditions and work-life balance, so in addition to corporate holidays and paid time off (PTO), we offer two floating holidays and three mental health days.

Telecommuting and flexible working arrangements - Whether full-time, part-time, or once in a while, we trust you to work from the comfort of your own home. Or on your patio. That works for us too.

Immediate 401(k) matching - We won’t wait a year or two to invest in your future— participate in 100% vesting from day 1.

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