HelloBetter
Latest round
- Series A
Last raised
- Nov 2024
Total raised
- $31M
Investors
- 9
About HelloBetter
HelloBetter, based in Germany, offers scientifically validated online therapy programs that provide psychological support directly to users through healthcare providers.Founded in 2015 and headquartered in Hamburg, Germany, HelloBetter specializes in online therapeutic solutions aimed at enhancing mental health.HelloBetter provides a range of scientifically validated online therapy programs designed to deliver psychological support directly to users, accessible via prescription from healthcare providers. Their core offerings include programs targeting issues such as stress and burnout, sleep disturbances, panic attacks, chronic pain, vaginismus, and emotional challenges related to diabetes. Each program is structured to include 6 to 9 sessions, each approximately one hour long, allowing users to integrate therapy into their daily routines over a maximum of 12 weeks. With these offerings, HelloBetter aims to serve a diverse clientele, including patients referred by their general practitioners and psychotherapists, primarily within German-speaking markets, where healthcare is covered by insurance plans.HelloBetter's revenue is primarily generated through a B2B2C model, where healthcare providers prescribe the company's digital health applications, which are subsequently covered by health insurance. Upon receiving a prescription, users can access the therapy programs at no cost, as these are classified as Digital Health Applications (DiGA) and reimbursed by statutory health insurance in Germany. The transaction structure hinges on partnerships with healthcare providers, enabling direct access to consumers who seek online therapeutic options. While specific pricing details for individual programs are not disclosed, the programs are designed to align with Germany's healthcare reimbursement framework, ensuring accessibility for patients experiencing various psychological issues. Future initiatives include the development of new therapeutic programs and potential geographic expansion into additional German-speaking markets.
Who invested in HelloBetter
9 investors across 5 rounds
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Questions about HelloBetter
Who invested in HelloBetter?
HelloBetter has 9 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has HelloBetter raised?
HelloBetter has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did HelloBetter last raise money?
HelloBetter's most recent round on record is a Series A, in Nov 2024.
What does HelloBetter do?
HelloBetter, based in Germany, offers scientifically validated online therapy programs that provide psychological support directly to users through healthcare providers.
Where is HelloBetter headquartered?
HelloBetter is headquartered in Hamburg, Germany.
Which VCs invest in companies like HelloBetter?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back healthcare it companies at HelloBetter's stage. Their profiles are linked below.
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