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About Handspring
Industries
Healthcare
Company Size
11-50
Company Stage
Seed
Total Funding
$6M
Headquarters
New York City, New York
Founded
2021
Overview
Handspring Health provides pediatric therapy services aimed at making care affordable for families. They offer therapy sessions for $95 each or a bundle of 10 sessions for $750, with various payment options including FSA, HSA, and out-of-network reimbursement. The therapists at Handspring are specially trained in areas such as anxiety, trauma, and depression, utilizing methods like Cognitive Behavioral Therapy (CBT) and trauma-focused techniques to support children and their families. Unlike many competitors, Handspring focuses on affordability and plans to expand payment options by accepting insurance in the future. The goal of Handspring Health is to ensure that all families have access to high-quality pediatric therapy services.
Simplify's Take
What believers are saying
- Increased demand for pediatric mental health services post-COVID-19 boosts Handspring's market potential.
- Potential insurance acceptance could broaden Handspring's client base and revenue streams.
- Handspring's focus on evidence-based practices aligns with current healthcare trends.
What critics are saying
- Competition from established telehealth platforms like Teladoc and Amwell is intensifying.
- Scaling operations may be challenging due to a shortage of qualified pediatric therapists.
- Regulatory hurdles in new states could slow Handspring's expansion plans.
What makes Handspring unique
- Handspring offers specialized pediatric therapy with trained experts in anxiety and trauma.
- The company integrates virtual care with modern clinics for flexible healthcare solutions.
- Handspring provides affordable therapy sessions with various payment options, including bundles.
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Funding
Total Funding
$6M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Sick Leave
401(k) Retirement Plan
Professional Development Budget
Home Office Stipend
Growth & Insights and Company News
6 month growth
↓ -11%1 year growth
↓ -2%2 year growth
↓ -11%Handspring is building a vertically-integrated and omnichannel behavioral health center for children and families that includes both virtual care and modern clinics. The company has launched in New Jersey and plans rapid growth in clinicians to provide quality care to more families and...
What You Should Know: Handspring, a Newark, NJ-based startup building a vertically-integrated and omnichannel behavioral health center for children and families that includes both virtual care and modern clinics. Today, the company has announced its official launch in New Jersey to provide quality care to more families and children. Handspring has closed a $6.2M seed round ... Read More
The pressing need for increased behavioral health services for children is one of the lasting impacts of the COVID-19 pandemic. Handspring, a Newark-based behavioral health center that specializes in virtual treatment for children ages 10-18, is working to help solve that problem. And it’s getting some help to do so. Monday morning, Handspring co-founder and […]
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About Handspring
Industries
Healthcare
Company Size
11-50
Company Stage
Seed
Total Funding
$6M
Headquarters
New York City, New York
Founded
2021
Handspring is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today