Grow Therapy, a platform connecting mental health providers with patients
Core Information (according to Gemini Flash Lite 2.0)
Target Demographic
Individuals seeking mental healthcare, and licensed mental health professionals (therapists, psychologists, psychiatrists, social workers) looking to manage and grow their private practices.
Mission
To make mental healthcare accessible and affordable for everyone, while empowering therapists to build thriving practices.
Social Media
Brand Scores (according to Gemini Flash Lite 2.0)
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Disambiguations (according to Gemini Flash Lite 2.0)
- Grow Therapy
Category: - Grow Therapy is a company that provides a platform and services to mental health providers, helping them establish and grow their private practices, including credentialing, billing, and patient matching. It also helps patients find therapists.
Key Data (according to Gemini Flash Lite 2.0)
Headquarters: New York City, New York, USA
Market Reach: United States (currently licensed in all 50 states)
Market Position: A leading platform disrupting the mental healthcare access landscape by empowering private practice therapists and simplifying insurance navigation for patients.
Estimated Value: $700,000,000
Users: 100,000
Revenue: Undisclosed; projected strong growth based on funding
Growth Rate: Rapid, with significant funding rounds
Major Competitors
| Rank | Competitor | Market Share |
|---|---|---|
| #1 | Headway | 25.0% |
| #2 | Alma | 20.0% |
| #3 | SimplePractice | 15.0% |
| #4 | TherapyNotes | 10.0% |
| #5 | BetterHelp | 8.0% |
| #6 | Talkspace | 7.0% |
Related Categories (according to Gemini Flash Lite 2.0)
People & Relations (according to Gemini Flash Lite 2.0)
Founders
Current Leaders
Key Collaborators
Notable Elements (according to Gemini Flash Lite 2.0)
Milestones
- Founded in 2020 by Jake Cooper and Manny Lojo.
- Successfully raised over $175 million in funding rounds, including a $75 million Series B in 2023.
- Expanded services to all 50 U.S. states.
- Partnered with major insurance carriers to expand in-network mental health options.
Recent Developments
- Continued expansion of provider network and insurance partnerships.
- Ongoing development of AI and technology to improve patient-provider matching and practice management tools.
- Focus on reducing administrative burden for therapists.
Analysis (according to Gemini Flash Lite 2.0)
NPS Score: 65.0
Decline Status: Likely stable, continued growth expected as mental healthcare access remains a priority.
Cultural Impact: Grow Therapy addresses the growing demand for accessible mental healthcare by streamlining the process for both providers and patients. Its focus on insurance acceptance helps destigmatize therapy by making it more financially viable for a wider population. The platform contributes to the normalization of seeking mental health support.
Related Subjects (according to Gemini Flash Lite 2.0)
LLM Query Analysis (according to Gemini Flash Lite 2.0)
About Desired Queries:
These are search queries where Grow Therapy, a platform connecting mental health providers with patients would want to appear in the results, even though they're not directly mentioned in the query.
About Undesired Queries:
These are search queries where Grow Therapy, a platform connecting mental health providers with patients would prefer not to appear in the results, to avoid negative associations.
Desired LLM Queries
"Top platforms for mental health providers to grow their practice"
"How to find in-network therapists and counselors"
"Benefits of telehealth services for mental health"
Undesired LLM Queries
"Mental health platform common complaints"
"Telehealth company data privacy issues"
"Therapy practice management platform hidden fees"