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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 tailored to meet individual needs, typically spanning 8 weeks. AbleTo partners with health plans and employers to enhance mental health care for members and improve employee well-being. The company focuses on quality by offering ongoing training for its therapists and ensuring clinical oversight from experienced professionals. The goal is to make mental health care accessible, personalized, and effective, helping clients feel healthier and happier.
Company Stage
Seed
Employees
501-1,000
Industries
Consumer Software, Healthcare
Total Funding
$59.9M
Headquarters
N/A
Founded
2008
Simplify's Take
What believers are saying
- Recognition as one of the Best Workplaces in New York highlights a positive work environment and strong company culture.
- Partnerships with major health plans like UnitedHealthcare and Sun Life expand AbleTo's market reach and credibility.
- The launch of Self Care+ and other innovative programs demonstrates AbleTo's commitment to continuous improvement and addressing diverse mental health needs.
What critics are saying
- The competitive landscape of virtual mental health services is growing, requiring AbleTo to continuously innovate to maintain its market position.
- Dependence on partnerships with health plans and employers could pose a risk if these partnerships are not renewed or expanded.
What makes AbleTo unique
- AbleTo's focus on virtual, evidence-based behavioral health services sets it apart in a market where in-person therapy is still prevalent.
- Their partnerships with health plans and employers provide a steady revenue stream and broaden their reach, unlike competitors who may rely solely on direct-to-consumer models.
- The integration of advanced analytics to identify individuals with unmet behavioral health needs enhances the personalization and effectiveness of their care.
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6 month growth
↓ -12%1 year growth
↓ -17%2 year growth
↓ -19%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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