Two Chairs
Two Chairs is a hybrid mental health platform offering matched in-person and virtual therapy plus psychiatry across 15+ US states, serving insured consumers, health plans, and provider referral partners.
- Company typePrivate
- Founded2017
- HeadquartersSan Francisco, United States
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
What Two Chairs does
Two Chairs is a US-based behavioral health company founded in 2017 and headquartered in San Francisco, operating a hybrid mental health care platform that combines virtual teletherapy via Zoom with in-person clinic locations across six metropolitan markets (San Francisco, Oakland, Los Angeles, Santa Monica, Seattle, and Miami) and serves patients in 15+ states. The platform's core product is a proprietary therapist matching service that combines personal needs with clinical data to pair clients with licensed clinicians across 100+ specialties and 30+ treatment modalities, reporting a 97% first-match success rate; matched clients then receive individual therapy sessions at $226 per session, with a $260 initial matching appointment, plus a virtual psychiatry offering launched in April 2025 covering evaluation and medication management. Supporting tooling includes an AI Scribe tool for clinician documentation, mental health check-ins for outcome tracking, and a measurement-based care program whose peer-reviewed study of 18,721 patients and 755 clinicians documented 24% outcome improvement over six months. Two Chairs monetizes primarily through per-session fees billed to insurance for in-network patients (Aetna, Florida Blue, Kaiser Permanente Washington, Kaiser Permanente Northern California) and direct-pay for out-of-network patients, with a secondary B2B go-to-market through provider referral partnerships (UCLA Health, Origin, CBH, Eating Recovery Center) and self-serve direct-to-consumer booking via web and app. The company is privately held under Pacific Psychotherapy Technologies, Inc., raised a $72 million Series C in 2024 led by Amplo and Fifth Down Capital, and operates with 501-1,000 employees.
Two Chairs firmographics
Firmographics- Name
- Two Chairs
- Legal name
- Pacific Psychotherapy Technologies, Inc.
- Website
- https://twochairs.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Two Chairs is a hybrid mental health platform offering matched in-person and virtual therapy plus psychiatry across 15+ US states, serving insured consumers, health plans, and provider referral partners.
- Ownership category
- akta.pro rank
Two Chairs industry classification
Industry- Product category
- Mental Health Services
- NAICS
- Offices of Physicians, Mental Health Specialists (621112), Offices of Mental Health Practitioners (except Physicians) (621330), Outpatient Mental Health and Substance Abuse Centers (621420)
- SIC
- Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Specialty Outpatient Facilities, Nec (8093), Services-Health Services (8000)
- akta.pro primary industry
- General Mental Health Therapy Platforms (Talk Therapy) (HLALAEAA)
- akta.pro secondary industries
- Psychiatry & Medication Management Platforms (HLALAEAB), Virtual Behavioral Health Integration Platforms (HLALABAE)
Keywords
Where Two Chairs is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Two Chairs business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Therapy Sessions (In-Network): Per-session therapy fees billed to insurance for in-network patients. Session fees: Matching Appointment $260/session, Individual Therapy $226/session. Company handles claims submission and collects copays/coinsurance.
- Therapy Sessions (Out-of-Network): Full session fees paid at time of service by out-of-network patients. Company provides superbill paperwork for insurance reimbursement claims.
- Psychiatry Services: Virtual psychiatry care added to service offerings, including evaluation appointments and medication management as part of comprehensive mental health care.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Matching Appointment - Initial therapist matching session |
| Unit Pricing | Pay-as-you-go | Individual Therapy Session - Ongoing therapy sessions |
| Unit Pricing | Pay-as-you-go | Late Cancellation / No-Show Fee |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
Two Chairs product offering
Product offeringCore offering
Two Chairs operates a hybrid behavioral health platform that delivers mental health therapy and psychiatry services through both virtual teletherapy (via Zoom) and physical clinic locations in major U.S. metros. Its core offering includes a proprietary therapist matching service ($260/matching session), ongoing individual therapy sessions ($226/session) with licensed clinicians across 100+ specialties, and virtual psychiatry care including evaluation and medication management. The platform emphasizes measurement-based care, AI-assisted session documentation, and same-week access to care.
Product overview
Two Chairs is a hybrid mental health care company offering virtual and in-person therapy services. The core offering consists of a Therapy Matching Service that uses clinical data and personal preferences to match clients with licensed therapists, Individual Therapy Sessions (in-person or virtual), and Psychiatry Care including medication management. The platform integrates mental health check-ins for progress tracking and employs an AI Scribe Tool for clinical documentation. Services are delivered through a hybrid model combining virtual teletherapy via Zoom with physical clinic locations in San Francisco, Oakland, Los Angeles, Seattle, and Miami. The company emphasizes measurement-based care, with published outcomes showing outcomes 2 to 2.5 times better than standard practice for anxiety and depression.
Differentiator
Problem solved
Functional benefit
Products and services
- Therapy Matching Service
Quantifiable outcome
- 24% improvement in patient outcomes over six months using MBC training program at scale (18,721 patients, 755 clinicians)
- +7 more outcomes
Companies that use Two Chairs
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Two Chairs technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability2 records
Feature4 records
Two Chairs partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- UCLA HealthcoreHealthcare system partnership for referring patients to Two Chairs mental health services. UCLA Health providers can refer patients for next-day therapy appointments with insurance navigation support and coordinated care.
- AetnacoreIn-network insurance provider making Two Chairs services available to Aetna members through insurance directory discovery and coverage.
- Florida BluecoreIn-network insurance provider in Florida market enabling Two Chairs services for Florida Blue members with covered therapy sessions.
- OriginminorProvider partnership for mental health referral collaboration.
- CBHminorBehavioral health provider referral partnership for coordinated patient care.
- Eating Recovery CenterminorSpecialized eating disorder treatment center referral partnership for comprehensive care continuity.
- Kaiser Permanente WashingtoncoreDedicated practice policies page for Kaiser Permanente Washington members. Two Chairs delivers therapy services to Kaiser members in Washington state under specific contract terms including attendance policies and fee structures.
- Kaiser Permanente Northern CaliforniacoreDedicated practice policies page for Kaiser Permanente Northern California members. Two Chairs delivers therapy services to Kaiser members in Northern California under specific contract terms.
Scale indicators10 records
Recent moves6 records
Expansion highlights5 records
Two Chairs competitors and assessment
Company assessmentDirect peers
- Lyra Health: Lyra Health is a B2B mental health platform serving employers and health plans with therapy, coaching, and psychiatry services. It is a direct competitor to Two Chairs in the payer/employer-sponsored mental health category with similar hybrid virtual + in-person delivery.
- Spring Health: Spring Health is a global mental health solution for employers and health plans offering therapy, psychiatry, and care navigation across virtual channels. It competes head-to-head with Two Chairs for enterprise contracts and raised a $100M round that outpaced Two Chairs' $72M raise in 2024.
- Modern Health: Modern Health is a mental health platform for employers combining therapy, coaching, and self-guided content with global coverage. It targets the same employer and payer buyers as Two Chairs and offers similar measurement-based outcomes reporting.
- Cerebral: Cerebral provides online therapy and medication management for anxiety, depression, and ADHD. Like Two Chairs it combines therapy with psychiatry services, though its go-to-market is more direct-to-consumer subscription-based and has faced regulatory scrutiny.
- Talkspace: Talkspace is a publicly traded online therapy platform serving both consumers directly and through enterprise/B2B partnerships with health plans and employers. It is comparable in offering virtual talk therapy and in-network insurance billing.
- Grow Therapy: Grow Therapy operates a behavioral health network connecting patients with therapists and psychiatrists covered by insurance, with both virtual and in-person options. It raised $88M in 2024 and competes with Two Chairs for in-network payer partnerships.
- Octave: Octave is a behavioral health company offering in-person and virtual therapy and psychiatry services with a hybrid care model. It mirrors Two Chairs' clinic-plus-virtual delivery approach and serves similar employer and payer markets.
Broad incumbents
- BetterHelp: BetterHelp, owned by Teladoc, is the largest direct-to-consumer virtual therapy platform in the US. It is a broader incumbent with significantly greater scale and brand recognition, competing on price and access rather than matched-care outcomes like Two Chairs.
- Headspace Health: Headspace Health (formed by Headspace's merger with Ginger) provides mental health coaching, therapy, and psychiatry primarily to employers and health plans. It is a broader incumbent offering a wider wellness portfolio beyond therapy.
Emerging players
- Alma: Alma is a therapist-led network platform offering software, insurance credentialing, and referrals to independent mental health practitioners. It is an emerging peer in the in-network therapy space, complementing rather than directly replicating Two Chairs' employed-clinician model.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Two Chairs social profiles
Digital presenceTwo Chairs compliance and trust
Trust signalCompliance1 record
Two Chairs financial estimates
Financial estimateRevenue estimate
Valuation estimate
Two Chairs leadership team
Management profileNumber of profiles
Profiles2 records
Two Chairs funding detail
Funding detailFunding overview
Funding rounds5 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Two Chairs M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Two Chairs
What does Two Chairs do?
Two Chairs operates a hybrid behavioral health platform that delivers mental health therapy and psychiatry services through both virtual teletherapy (via Zoom) and physical clinic locations in major U.S. metros. Its core offering includes a proprietary therapist matching service ($260/matching session), ongoing individual therapy sessions ($226/session) with licensed clinicians across 100+ specialties, and virtual psychiatry care including evaluation and medication management. The platform emphasizes measurement-based care, AI-assisted session documentation, and same-week access to care.
Is Two Chairs a public or private company?
Two Chairs is a private company. It is classified as venture growth investor backed and is currently operating.
When was Two Chairs founded?
Two Chairs was founded in 2017. It employs 501 to 1,000 people.
Where is Two Chairs based?
Two Chairs is headquartered in San Francisco, United States, in the North America region.
How does Two Chairs make money?
Three revenue lines are on record. Therapy Sessions (In-Network) is the primary driver. The others are therapy Sessions (Out-of-Network) and psychiatry Services.
Who are Two Chairs's main competitors?
Direct peers on record are Lyra Health, Spring Health, Modern Health, Cerebral, Talkspace, Grow Therapy and Octave. Broad incumbents are BetterHelp and Headspace Health. Alma is listed as an emerging player.
Does Two Chairs have an API?
No public API is recorded for Two Chairs.
What industry is Two Chairs in?
Two Chairs's product category is Mental Health Services. Its primary akta.pro industry code is HLALAEAA, General Mental Health Therapy Platforms (Talk Therapy), with a secondary code of HLALAEAB, Psychiatry & Medication Management Platforms. Its NAICS code is 621112 and its SIC code is 8011.