Work Here?
About Headway
Industries
Healthcare
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$318.1M
Headquarters
New York City, New York
Founded
2019
Overview
Headway simplifies the process of finding and paying for mental health therapy. It operates a platform that connects individuals seeking mental health services with therapists and psychiatrists who accept insurance, making care more accessible and affordable. Users can filter through thousands of providers based on their preferences, ensuring they find the right match without incurring out-of-pocket expenses. For mental health care providers, Headway reduces the administrative burden of accepting insurance, allowing them to focus on patient care instead of paperwork. The company partners with health plans and providers to facilitate the insurance process, creating a seamless connection between patients and providers. Headway's goal is to build a more efficient mental healthcare system that addresses the challenges of accessibility and affordability in mental health services.
Simplify's Take
What believers are saying
- Headway raised $100M in Series D to expand into Medicare Advantage and Medicaid.
- Partnerships with Cigna and Blues plan to expand Headway's services to all 50 states.
- The mental health app market's projected growth offers strong opportunities for Headway's platform.
What critics are saying
- Increased competition from platforms like BetterHelp and Talkspace may impact Headway's market share.
- Regulatory scrutiny in Medicare Advantage and Medicaid expansion could pose compliance challenges.
- Dependence on insurance partnerships poses risks if these partnerships are disrupted or terminated.
What makes Headway unique
- Headway simplifies finding and paying for therapy with an insurance-accepting provider network.
- It reduces administrative burdens for mental health professionals, enhancing focus on patient care.
- Headway's platform offers both virtual and in-person therapy sessions, increasing accessibility.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$318.1M
Above
Industry Average
Funded Over
6 Rounds
Andreessen Horowitz
AccelBenefits
Equity Compensation
Medical, Dental, and Vision coverage
HSA / FSA
401K
Work-from-Home Stipend
Therapy Reimbursement
16-week parental leave for eligible employees
Carrot Fertility annual reimbursement and membership
13 paid holidays each year as well as a Holiday Break during the week between December 25th and December 31st
Flexible Paid Time Off
Employee Assistance Program (EAP)
Training and professional development
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%That's why navabenefits.com is thrilled to announce its partnership with Headway, a company redefining how mental healthcare is delivered.
Susan Chiang has been appointed Chief Information Security Officer (CISO) at Headway, a mental health organization.
Headway, a NYC-based mental healthcare system company, raised $100 million in Series D funding led by Spark Capital, with participation from Thrive Capital, Accel, a16z, and Forerunner Ventures. The funds will be used to accelerate platform development and expand into Medicare Advantage and Medicaid. CEO Andrew Adams highlighted the impact on improving lives and supporting providers. Headway's network includes 34,000 diverse providers, offering quick scheduling and referral options.
Spark Capital is leading a $100 million funding round for the company
Mental health startup Headway partners with Cigna, Blues plan to expand to all 50 states.
Headway is Hiring for 41 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Headway
Industries
Healthcare
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$318.1M
Headquarters
New York City, New York
Founded
2019
Headway is Hiring for 41 Jobs on Simplify!
Find jobs on Simplify and start your career today