Mood Health

What Mood Health does

Mood Health, operated by Much Better, Inc., is a direct-to-consumer telehealth mental health platform founded in 2018 and headquartered in Miami, Florida. The company delivers psychiatric evaluation, medication management, and individual therapy through a unified web and mobile application, serving adults aged 11 and older across six U.S. states (Florida, California, Washington, Colorado, New Mexico, and Idaho). Care is provided by licensed clinicians employed or contracted through a related professional corporation, Mood Clinical, P.C., which is structurally separate from the technology platform operator; this two-entity model allows the business to bill insurance while keeping the technology entity focused on platform delivery.

The platform is built around a subscription-based monetization layer with auto-renewing monthly fees and optional free trials, layered on top of clinical services billed through Mood Clinical, P.C. Patient acquisition runs through the Mood Health website, the mobile app (iOS and Android), Trustpilot-driven social proof, doctor referrals, and health system partnerships. Payment processing is handled through Stripe. There is no disclosed AI capability, no published API, and the technology stack is described as a standard telehealth web/mobile platform rather than a differentiated technology asset.

Commercially, Mood Health has raised at least $3.25M in disclosed seed capital (2020) plus subsequent rounds with Company Ventures, Great Oaks Venture Capital (2022), and the UnitedHealthcare Accelerator (2022). Leadership consists of three co-founders: Mike Clare (CEO), Dave Copeland (CTO), and Betsy McMichael (COO). The company is privately held by a Delaware corporation, with no disclosed parent company, no institutional control transactions, and no public listing.

Name

Mood Health

Legal name

Much Better, Inc.

Website

https://www.moodhealth.com/

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

51–100 employees

Short description

Mood Health is a direct-to-consumer telehealth mental health platform, operated by Much Better, Inc., that delivers psychiatry and therapy services via web and mobile applications to individual adults and adolescents across six U.S. states, with clinical care provided through the related Mood Clinical, P.C.

Ownership category

akta.pro rank

Product category

Mental Health Services

NAICS

Outpatient Mental Health and Substance Abuse Centers (621420), Offices of Physicians, Mental Health Specialists (621112)

SIC

Services-Health Services (8000)

akta.pro primary industry

Psychiatry & Medication Management Platforms (HLALAEAB)

akta.pro secondary industry

General Mental Health Therapy Platforms (Talk Therapy) (HLALAEAA)

Keywords

• Mental health platform
• Telehealth services
• Online therapy
• Psychiatry services
• Virtual mental health

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Subscription Fees: Monthly subscription fees for access to subscription-only pages of the platform. Users are charged recurring subscription fees which auto-renew monthly. Free trial periods may be offered. The subscription fee is separate from clinical services fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Mood Health is a telehealth mental health platform that delivers virtual psychiatry evaluation, medication management, and individual talk therapy from licensed clinicians to patients at home. The platform is accessed through a website and mobile app, and clinical services are furnished by Mood Clinical, P.C. while the platform itself is operated by Much Better, Inc. Users subscribe to the platform on a recurring monthly basis and may also pay for clinical services.

Product overview

Mood Health is a telehealth mental health care platform operated by Much Better, Inc. that provides virtual mental health services through a unified website and mobile application. The platform offers two primary service lines: Psychiatry Services (psychiatric evaluation, medication management) and Therapy Services (individual talk therapy), both delivered by licensed clinicians employed or contracted through Mood Clinical, P.C. Users access care through a subscription-based model with optional free trial periods, and can book appointments, manage their accounts, and receive clinical services entirely remotely from home.

Differentiator

Problem solved

Functional benefit

Products and services

• Mood Health Platform

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

One partnership is on record.

• Mood Clinical, P.C.coreStrategic or Co-development PartnerMood Clinical P.C. is a related entity that provides the actual health/mental health services on the Mood Health platform. Much Better, Inc. operates the technology platform as a service to Mood Clinical P.C. The healthcare services are provided by Mood Clinical P.C.'s employed or contracted doctors, nurses, and providers.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cerebral: Cerebral is a DTC telehealth mental-health platform offering therapy, counseling, and medication management for anxiety, depression, ADHD, and insomnia — a near-mirror of Mood Health's therapy + psychiatry stack delivered to similar consumer patients.
• BetterHelp: BetterHelp is the largest online therapy platform, connecting consumers to licensed therapists via subscription. It is the dominant direct-to-consumer competitor in the therapy portion of Mood's offering.
• Talkspace: Talkspace provides online therapy and psychiatry to consumers, employers, and health plans via a subscription model — directly comparable to Mood on service mix (therapy + medication management) and on the DTC + B2B channel blend.
• Brightside Health: Brightside Health is a telehealth mental-health company offering therapy and psychiatry with a particular focus on depression and anxiety; its integrated therapy-plus-medication model closely mirrors Mood Health's product structure.
• Done (Done.): Done is a DTC telehealth provider focused on ADHD diagnosis and treatment, including medication management — overlapping directly with Mood's psychiatry/medication-management offering for the same consumer segment.
• Hims & Hers (Mental Health): Hims & Hers has expanded its consumer telehealth platform into mental health, offering online therapy and psychiatry via subscription — competing with Mood in the same DTC, insurance-friendly, multi-condition virtual care category.
• Headway: Headway is a software-and-network platform that connects patients to in-network therapists and psychiatrists and handles insurance billing — comparable to Mood on the patient-acquisition, clinician-network, and insurance-billing dimensions.
• Grow Therapy: Grow Therapy is a behavioral-health platform that helps therapists run insurance-accepting practices, combining clinician software with patient matching — directly comparable to Mood's therapy/psychiatry model and insurance-first positioning.
• Two Chairs: Two Chairs operates hybrid (in-person + virtual) therapy clinics with licensed therapists, including psychiatry referrals. It competes with Mood for the same patient seeking higher-quality, matched therapist experiences via telehealth.

Broad incumbents

• Lyra Health: Lyra Health is a well-funded mental-health benefits platform serving employers and payers with therapy and psychiatry. It overlaps with Mood on clinical services but competes primarily on the B2B side, where Mood's health-systems lane is most exposed.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/mood_health
• LinkedInlinkedin.com/company/mood-health

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds4 records

Investors12 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mood Health