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Tava Health provides online therapy services tailored for employees by partnering with employers. The core offering is access to licensed therapists through an online platform that employees and their family members can use as part of the company’s benefits package. Employers pay a fee to provide these mental health services to their workforce, making care more convenient and affordable for employees. The platform handles scheduling and therapy sessions online, removing barriers to access. Unlike more generic mental health services, Tava Health centers its business on integrating mental health care into workplace benefits, highlighting outcomes like better employee retention, lower medical costs related to mental health, and a stronger company culture. The company’s goal is to help employers improve workforce well-being and productivity by making high-quality mental health care easy to access for employees and their families.
Industries
Enterprise Software
Healthcare
Company Size
201-500
Company Stage
Series C
Total Funding
$73M
Headquarters
Salt Lake City, Utah
Founded
2019
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Total Funding
$73M
Below
Industry Average
Funded Over
4 Rounds
Industry standards
Health Insurance
Dental Insurance
Health Savings Account/Flexible Spending Account
Paid Vacation
Paid Holidays
Parental Leave
Remote Work Options
Stock Options
401(k) Retirement Plan
Mental Health Support
SALT LAKE CITY, March 6, 2024 /PRNewswire/ - Tava Health, a trailblazing mental health company, successfully completed a $20 million Series B funding round led by Catalyst Investors.
Enhanced by Tava, Health Advocate's virtual support program now offers even more options for digital teletherapy across all 50 statesPLYMOUTH MEETING, Pa., April 16, 2024 /PRNewswire/ -- Health Advocate, a leading provider of integrated health advocacy and navigation, well-being, and behavioral health programs, announced it has partnered with Tava Health to expand access to digital teletherapy and enable members to seamlessly connect to Tava's extensive nationwide network of licensed professional therapists. This new partnership extends and complements the comprehensive emotional well-being support currently provided by Health Advocate's licensed Care Managers and existing nationwide network of therapists, ensuring members can quickly and easily connect with help in the way that best fits their needs.TavaSupporting employees' mental health continues to be a priority for employers; however, it can be difficult for individuals to find providers to get the help they need. With an ongoing mental health provider shortage and increased demand for support, many people are unable to access care in a timely manner, but virtual therapy is helping to address this challenge. Through this new collaboration, Health Advocate and Tava Health are simplifying the process to connect with a licensed provider and schedule an appointment, all within a few days.Health Advocate members can access Tava's network through the Heath Advocate member portal, search for a provider based on their unique needs and preferences, and self-schedule appointments as needed. The entire process is confidential within the HIPAA-compliant secure platform and integrated with members' health insurance plans to provide uninterrupted care with a therapist once employer-sponsored sessions have been exhausted."Emotional and mental health is one of Health Advocate's primary areas of focus, and we are committed to offering innovative solutions and services to help our clients ensure their employees' access to high-quality behavioral health resources," said Jeff Cordell, Health Advocate's President and CEO. "We are thrilled to partner with Tava to expand the options our members have to securely, quickly and easily connect to the care they need
Tava matches employees with the therapist that best meets their needs and facilitates therapy sessions virtually through its seamless, intuitive platform.
Salt Lake City, Utah-based Tava secured $16 million in January and recently secured an additional $4 million in a funding round led by Catalyst Investors.
/PRNewswire/ -- Tava Health, a trailblazing mental health company, successfully completed a $20 million Series B funding round led by Catalyst Investors....
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Industries
Enterprise Software
Healthcare
Company Size
201-500
Company Stage
Series C
Total Funding
$73M
Headquarters
Salt Lake City, Utah
Founded
2019
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