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Two Chairs

Personalized therapy via clinics and teletherapy

Overview

Two Chairs provides in-person and teletherapy mental health care with personalized therapist matching. After an initial consultation, clients are paired with a therapist whose style and expertise align with their goals, helping adults address anxiety, depression, and stress. Sessions occur in thoughtfully designed clinics and via teletherapy to improve accessibility. The company handles insurance claims on behalf of clients, making therapy more affordable and easy to access. Compared to others, Two Chairs emphasizes a careful matching process and a seamless, client-centered therapy experience across its Bay Area and Los Angeles clinics. The goal is to make high-quality mental health care smooth, accessible, and effective for a diverse range of clients.

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About Two Chairs

Simplify's Rating
Why Two Chairs is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Healthcare

Company Size

501-1,000

Company Stage

Debt Financing

Total Funding

$100M

Headquarters

San Francisco, CA

Founded

2017

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Simplify's take

What believers are saying

  • On October 30, 2026, Two Chairs expanded psychiatry into eleven states and Washington, D.C.
  • Its November 8, 2026 therapy page lists 35+ states, showing rapid geographic expansion.
  • No FTC, DOJ, or state attorney general action named Two Chairs as of October 12, 2026.

What critics are saying

  • Indeed reviews in 2026 cite toxic management, micromanagement, and weak retention.
  • Two Chairs still depends on insurer economics; October 2026 self-pay psychiatry costs $270.
  • If clinician burnout keeps rising, service quality erodes and referral growth stalls within 2027.

What makes Two Chairs unique

  • Two Chairs runs therapist matching with a 45-minute clinician interview, not self-serve intake.
  • By October 2026, Two Chairs offered psychiatry and therapy in one coordinated care model.
  • The company serves 90+ expertise areas and 20 million covered lives through insurance networks.

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Funding

Total Funding

$100M

Meets

Industry Average

Funded Over

4 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Meet Average

Industry standards

$50M
$50M
$50M
$62M
$100M

Benefits

  • Company Equity
  • Paid Vacation
  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Home Office Stipend
  • 401(k) Retirement Plan
  • Professional Development Budget
  • Health Savings Account/Flexible Spending Account
  • Wellness Program
  • Paid Parental Leave

Growth & Insights and Company News

6 month growth

0%

1 year growth

0%

2 year growth

2%
PR Newswire
Oct 15th, 2024
Healthie Secures $23M Series B To Continue Building Infrastructure For Longitudinal, Virtual-First Healthcare

New funding will accelerate product innovation and expand Healthie's API-first platform for next-generation healthcare delivery. NEW YORK, Oct. 15, 2024 /PRNewswire/ -- Healthie, the leading API-first EHR, scheduling, and engagement platform, announced that it has raised $23 million Series B, led by TCV with participation from existing investors including Birchmere, Velvet Sea Ventures, and Greymatter, and Watershed. Healthie will use this capital to continue building products for its customers, who deliver virtual-first, longitudinal, and collaborative care. "Healthie's customers put patient experience and outcomes at the center of care delivery - this is exactly what Healthcare needs, and traditional EHRs were not designed like this."  says Erica Jain, CEO and co-founder of Healthie. "Innovation in healthcare requires a long-term mindset and we're proud to support our customers for years to come so they can build long-term relationships with their patients and increase access to important healthcare."

Intelligence360 News
Jun 17th, 2024
Two Chairs To Expand Into New Space In Miami Florida.

Two Chairs to expand into new space in Miami Florida. Two Chairs to expand into new space in Miami Florida.Miami, Florida — According to state and local development sources, Two Chairs plans to build out new space in Miami. The company plans to occupy the new space at 100 S.E. 2nd St. in Miami, on or about December 1, 2024. According to the company website At Two Chairs, we believe that mental health care should be more welcoming and accessible

Pulse 2.0
Apr 17th, 2024
Two Chairs: Modern Behavioral Health Company Raises $72 Million

Modern behavioral health company Two Chairs announced that it has closed a $72 million Series C equity and debt financing round led by Amplo.

FinSMEs
Apr 16th, 2024
Two Chairs Raises $72M in Series C Equity and Debt Funding

Two Chairs, a San Francisco, CA-based behavioral health company, closed a $72m Series C equity and debt financing

Vator
Apr 16th, 2024
Two Chairs raises $72M to match patients to the right mental health provider

Two Chairs raises $72M to match patients to the right mental health provider.

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