Therify

About Therify

Therify is a personalized mental health platform that connects employees and their families with licensed therapists through a custom in-network provider network, enhancing access to care. By utilizing dedicated Care Navigators, Therify reduces costs and improves mental health outcomes, achieving an average savings of $1,260 per employee.

```xml <problem> Many companies struggle to provide their employees with accessible and effective mental healthcare benefits, leading to low engagement with existing programs like Employee Assistance Programs (EAPs) and difficulty in finding therapists who are in-network and a good fit. This results in unmet employee needs, increased costs, and a less resilient workforce. </problem> <solution> Therify is a mental health platform that connects employees and their families with a network of licensed, in-network therapists, coaches, and wellness programs. Through a custom provider network tailored to the specific needs of an organization, Therify increases access to high-quality mental healthcare. Dedicated Care Navigators match employees with therapists, ensuring a personalized experience and faster access to care, typically within 48 hours. The platform aims to improve mental health outcomes, increase employee satisfaction, and reduce costs associated with out-of-network care. </solution> <features> - Custom provider network design to match employee demographics and needs - Digital Care Navigation to facilitate therapist matching and appointment scheduling - Vetted and hand-selected mental health providers - Integration with company health plans to ensure in-network care - Wellness and DEIB (Diversity, Equity, Inclusion, and Belonging) programming - Progress tracking and reporting on engagement and outcomes </features> <target_audience> Therify targets enterprise companies, particularly HR leaders and benefits managers, looking to improve employee well-being, increase engagement with mental health benefits, and reduce healthcare costs. </target_audience> <revenue_model> Therify generates revenue by offering custom plans tailored to each company, which includes access to the platform, care navigation services, and the provider network, resulting in average savings of $1,260 per employee. </revenue_model> ```

What does Therify do?

Therify is a personalized mental health platform that connects employees and their families with licensed therapists through a custom in-network provider network, enhancing access to care. By utilizing dedicated Care Navigators, Therify reduces costs and improves mental health outcomes, achieving an average savings of $1,260 per employee.

Where is Therify located?

Therify is based in Brooklyn, United States.

When was Therify founded?

Therify was founded in 2020.

How much funding has Therify raised?

Therify has raised $3.4M.

Location
Brooklyn, United States
Founded
2020
Funding
$3.4M
Employees
18 employees
Investors
JumpstartnovaTheopportunity Fund

Therify

8
Relative Traction Score based on online presence metrics compared to companies in the same age group.

Executive Summary

Therify is a personalized mental health platform that connects employees and their families with licensed therapists through a custom in-network provider network, enhancing access to care. By utilizing dedicated Care Navigators, Therify reduces costs and improves mental health outcomes, achieving an average savings of $1,260 per employee.

therify.co2K+
Founded 2020Brooklyn, United States

Funding

No specific funding rounds found.

Total Funding

$3.4M

Backed by

JumpstartnovaTheopportunity Fund

Team (15+)

No team information available.

Company Description

Problem

Many companies struggle to provide their employees with accessible and effective mental healthcare benefits, leading to low engagement with existing programs like Employee Assistance Programs (EAPs) and difficulty in finding therapists who are in-network and a good fit. This results in unmet employee needs, increased costs, and a less resilient workforce.

Solution

Therify is a mental health platform that connects employees and their families with a network of licensed, in-network therapists, coaches, and wellness programs. Through a custom provider network tailored to the specific needs of an organization, Therify increases access to high-quality mental healthcare. Dedicated Care Navigators match employees with therapists, ensuring a personalized experience and faster access to care, typically within 48 hours. The platform aims to improve mental health outcomes, increase employee satisfaction, and reduce costs associated with out-of-network care.

Features

Custom provider network design to match employee demographics and needs

Digital Care Navigation to facilitate therapist matching and appointment scheduling

Vetted and hand-selected mental health providers

Integration with company health plans to ensure in-network care

Wellness and DEIB (Diversity, Equity, Inclusion, and Belonging) programming

Progress tracking and reporting on engagement and outcomes

Target Audience

Therify targets enterprise companies, particularly HR leaders and benefits managers, looking to improve employee well-being, increase engagement with mental health benefits, and reduce healthcare costs.

Revenue Model

Therify generates revenue by offering custom plans tailored to each company, which includes access to the platform, care navigation services, and the provider network, resulting in average savings of $1,260 per employee.

Sources:

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