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Full-Time

Data Analyst

Posted on 6/27/2024

Talkspace

Talkspace

501-1,000 employees

Online therapy platform connecting clients with therapists

Consulting
Hardware
Biotechnology
Healthcare

Compensation Overview

$100k - $120kAnnually

Mid

New York, NY, USA

Category
Data Analysis
Data & Analytics
Required Skills
Python
SQL
Tableau
Looker
Data Analysis
Excel/Numbers/Sheets
Requirements
  • 2-4 years of experience in an analytical role
  • BA/BS in quantitative field like statistics, applied mathematics, economics, computer science, or equivalent experience
  • Proficiency in SQL, python, and Excel / Google Sheets
  • Comfortable with statistics and data manipulation
  • Experience with data visualization software like Looker or Tableau
  • A creative problem solver
  • Strong growth mindset
  • Interest in building out data skillset with an emphasis on systems thinking
Responsibilities
  • Conduct qualitative and quantitative analysis to support product initiatives
  • Collect analytical requirements, write database queries, and build automated reports
  • Work with technical and non-technical stakeholders to turn insights into action
  • Communicate data insights to non-technical stakeholders
  • Use statistics to identify themes and trends in mental health outcomes

Talkspace connects individuals with licensed therapists through a secure online platform, making mental health support accessible for those who may struggle to attend in-person sessions. Users can choose from various subscription plans that offer services like unlimited messaging therapy, couples therapy, and tailored options for businesses. The platform includes assessments to help users find the right therapist match. Talkspace prioritizes user safety and confidentiality by being HIPAA compliant and using encrypted communication for all interactions. Unlike traditional therapy, Talkspace provides a flexible and convenient alternative, aiming to improve mental health care access for everyone.

Company Stage

IPO

Total Funding

$718.7M

Headquarters

New York City, New York

Founded

2011

Growth & Insights
Headcount

6 month growth

4%

1 year growth

9%

2 year growth

17%
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Simplify's Take

What believers are saying

  • The expansion into Medicare significantly broadens Talkspace's potential user base, tapping into a critical need for mental health services among seniors.
  • Partnerships with fitness and wellness platforms like FlexIt and FitOn create a holistic approach to mental and physical health, potentially increasing user engagement and satisfaction.
  • The launch of the Behavioral Health Consortium allows Talkspace to offer specialized care for higher acuity needs, enhancing its service depth and user retention.

What critics are saying

  • The competitive landscape of online therapy is growing, with new entrants and established players potentially eroding Talkspace's market share.
  • High turnover in key management positions, such as the recent appointment of a new CFO, can lead to strategic misalignments and operational disruptions.

What makes Talkspace unique

  • Talkspace's subscription-based model with unlimited messaging therapy offers a unique value proposition compared to traditional in-person therapy.
  • The platform's HIPAA compliance and encrypted communication ensure a high level of security and confidentiality, which is crucial for mental health services.
  • Strategic partnerships with organizations like Cigna and collaborations with fitness and wellness platforms like FlexIt and FitOn enhance its service offerings and market reach.
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