Octave provides affordable in-person and virtual therapy by connecting clients with a carefully vetted network of therapists, ensuring personalized care plans that are evidence-based and outcome-driven. The platform addresses the accessibility gap in mental health care, enabling clients to experience measurable improvements in their mental well-being at an average cost of $28 per session with insurance.
Funding
$86.8M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Access to affordable and personalized mental health therapy remains a significant challenge, with many individuals struggling to find therapists who are both in-network with their insurance and aligned with their specific needs. This accessibility gap can lead to delayed or inadequate care, hindering improvements in mental well-being.
Solution
Octave offers a platform that connects clients with a vetted network of therapists, providing both in-person and virtual therapy options. The platform focuses on personalized care plans that are evidence-based and outcome-driven, ensuring clients experience measurable improvements in their mental well-being. By streamlining the matching process and working with insurance providers, Octave aims to make mental health care more accessible and affordable, with clients paying an average of $28 per session with insurance. The company tracks progress at key moments during the therapy journey to ensure clients reach their goals.
Target Audience
Octave's primary customers are individuals seeking affordable and accessible mental health therapy, as well as those who value personalized care plans and evidence-based treatment approaches.
Features
- Matching algorithm to connect clients with therapists based on individual needs, preferences, and insurance coverage.
- Vetted network of therapists with diverse specialties, backgrounds, and languages.
- In-person and virtual therapy options for flexible scheduling.
- Evidence-based therapy services and personalized care plans.
- Progress tracking to measure outcomes and ensure effective treatment.
- Integration with insurance providers to lower therapy costs.
- Therapists who identify as Black, Indigenous, or People of Color comprise over 50% of the network.
- Therapy available in over 40 languages.