Octave
- Company typePrivate
- Founded2018
- HeadquartersSan Francisco, United States
- Headcount251–500
- GTM typeB2C
- OfferingServices
Octave firmographics
Firmographics- Name
- Octave
- Legal name
- Octave Health Group, Inc.
- Website
- https://findoctave.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
Octave industry classification
Industry- Product category
- Behavioral Health Therapy Services
- NAICS
- Outpatient Mental Health and Substance Abuse Centers (621420), Offices of Mental Health Practitioners (except Physicians) (621330), Offices of Physicians, Mental Health Specialists (621112)
- SIC
- Services-Health Services (8000), Services-Specialty Outpatient Facilities, Nec (8093), Services-Offices & Clinics Of Doctors Of Medicine (8011)
- akta.pro primary industry
- Outpatient Mental Health & Counseling Clinics (HLAFABAC)
- akta.pro secondary industries
- General Mental Health Therapy Platforms (Talk Therapy) (HLALAEAA), Couples & Family Therapy Teletherapy Platforms (HLALAEAG)
Keywords
Where Octave is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Octave business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- Per-Session Therapy Fees: Octave charges clients on a per-session basis rather than a subscription or membership model. Clients with in-network insurance pay an average of $28 per session, while out-of-pocket rates range from $170–$275 depending on provider and service type. Insurance reimbursement (60–90% of session cost) is handled directly between Octave and payers, simplifying the client experience.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Per seat | Pay-as-you-go | In-network insurance clients pay an average of $28 per session for individual therapy. |
| Per seat | Pay-as-you-go | Out-of-pocket rate for clients without insurance coverage. |
| Per seat | Pay-as-you-go | Couples therapy with insurance coverage averages $32 per session. |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
Octave product offering
Product offeringCore offering
Octave delivers evidence-based individual, couples, family, and in-person therapy through a network of fully-licensed, vetted therapists available virtually across 22 U.S. states and in-person in select cities. Sessions are covered by major commercial insurance plans, with most clients paying an average of $28 per session; out-of-pocket rates range from $170–$275 per session. The company operates a measurement-based care system that tracks clinical outcomes throughout the therapy journey, and underpins service delivery with the proprietary WiseMatch platform for real-time therapist matching, scheduling, and insurance directory integration.
Product overview
Octave is an outcomes-focused behavioral healthcare company offering virtual and in-person therapy services through a network of carefully vetted, fully licensed therapists. The company provides Individual Therapy, Couples Therapy, Family Therapy, and In-Person Therapy as core service offerings, with most clients paying approximately $28 per session through insurance coverage. Octave differentiates itself through measurement-based care, tracking client progress throughout the therapy journey, and matching patients with therapists based on clinical needs, preferences, and therapeutic approach. In March 2026, Octave launched WiseMatch, a proprietary technology platform that modernizes insurance directories and enables real-time provider matching and booking with in-network mental health providers across its network of tens of thousands of therapists. The company has raised $86 million in total funding, including a $52 million Series C round in June 2023.
Differentiator
Problem solved
Functional benefit
Brands
- WiseMatch by Octave: A proprietary technology platform designed to modernize insurance directories and enable real-time matching and booking with in-network mental health providers.
Products and services
- Individual Therapy One-on-one therapy sessions between a client and a licensed Octave therapist, addressing clinical conditions such as anxiety, depression, ADHD, bipolar disorder, trauma, PTSD, eating disorders, substance use, and general life challenges including stress, life transitions, and self-esteem. Available virtually across 22 states plus Washington D.C., with most clients paying approximately $28 per session through in-network insurance.
- Couples Therapy Evidence-based relationship therapy for couples and partners at any stage—dating, engaged, married, or long-term partnership—delivered using The Gottman Method, Emotionally Focused Therapy (EFT), and Integrative Behavioral Couples Therapy (IBCT) to improve communication and resolve conflict. Averages $32 per session with insurance.
- Family Therapy Therapy for families with two or more adult clients addressing family conflicts, communication breakdowns, divorce, loss, and trauma, with treatment plans tailored to multiple family members.
- In-Person Therapy Face-to-face therapy sessions with experienced licensed therapists in physical office locations in select cities including Los Angeles, San Francisco, Oakland, New York, and Philadelphia, complementing Octave's virtual therapy offerings.
- WiseMatch by Octave Proprietary technology platform designed to modernize insurance directories and enable real-time matching and booking with in-network mental health providers. Creates a unified scheduling standard integrating with health plans, provider groups, EHRs, and independent clinicians, with tens of thousands of therapists connected across inaugural partner networks including Grow Therapy, Rula, Sondermind, and Valant.
- Hammurabi AI Platform AI platform launched under Octave Specialty Group (via Xchange Benefits LLC) for medical stop loss underwriting. Uses proprietary neuro-semiotic models developed with UC Berkeley's SkyDeck scientists to process unstructured documents and generate structured competitive proposals, predicting employer health risk in minutes rather than days and targeting the $40 billion medical stop loss market.
Quantifiable outcome
- Octave clients saw 30–40% more improvement in depression symptoms after 12 weeks compared to clients at other practices.
- +5 more outcomes
Companies that use Octave
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles4 records
Octave technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability4 records
Feature3 records
Octave partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Grow TherapycoreGrow Therapy partnered with Octave as an inaugural partner on the WiseMatch platform, enabling real-time matching and booking with mental health providers. Grow Therapy's network of therapists is connected through the WiseMatch platform, expanding access for patients searching for in-network care.
- RulacoreRula partnered with Octave as an inaugural partner on the WiseMatch platform, contributing its therapist network to the unified scheduling and real-time booking infrastructure.
- SondermindcoreSondermind partnered with Octave as an inaugural partner on the WiseMatch platform, integrating its provider network to enable real-time directory and booking capabilities across behavioral health networks.
- Evernorth Behavioral Care GroupcoreOctave teamed up with Evernorth Behavioral Care Group to deliver high-quality therapy care to Cigna Healthcare, Centivo, and Evernorth members. This partnership provides Octave access to patients through Evernorth's health plan network.
- Quest DiagnosticsminorQuest Diagnostics is collaborating with Octave to expand access to a specific diagnostic test for Multiple Sclerosis disease activity monitoring. The partnership aims to improve availability of disease monitoring services within the healthcare diagnostics sector.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Octave competitors and assessment
Company assessmentDirect peers
- Talkspace: Public telehealth therapy platform offering individual, couples, and teen therapy via in-network insurance and direct pay. Closely comparable to Octave in virtual therapy delivery, insurance-based pricing, and measurement-based care positioning.
- BetterHelp: Largest direct-to-consumer online therapy platform operated by Teladoc, serving millions of subscribers via subscription pricing. Comparable to Octave in D2C therapy delivery model, but at much larger scale and competing on price/access rather than outcomes.
- Headway: Therapist enablement platform that helps mental health providers accept insurance by handling credentialing, billing, and directory listing. Directly competes with Octave's WiseMatch platform and shares the same payor-network integration thesis.
- Grow Therapy: Therapist network and insurance billing platform that connects clients with in-network mental health providers. Listed as a WiseMatch partner and serves the same payor-integrated therapy market.
- Lyra Health: Enterprise mental health benefits platform serving employers with in-person and virtual therapy. Comparable to Octave on employer contracts, outcome measurement, and therapist network curation, with stronger B2B focus.
- Spring Health: Precision mental health benefits platform for employers and health plans, offering therapy, coaching, and medication management. Competes with Octave in the employer-sponsored and payor-channel mental health segment.
- Two Chairs: In-person and virtual therapy provider using a therapist-matching model with measurement-based care. Comparable to Octave in matching quality, outcome tracking, and curated therapist networks, primarily operating in California and select states.
- Alma: Therapist directory and insurance billing platform enabling mental health providers to accept in-network insurance. Comparable to Octave's WiseMatch in directory and credentialing infrastructure.
- Rula: In-network telehealth therapy provider with a curated therapist network serving all 50 states. Listed as a WiseMatch partner; competes with Octave in payor-integrated virtual therapy delivery.
- Sondermind: In-person and virtual therapy network with insurance billing infrastructure across multiple states. WiseMatch partner; comparable to Octave in payor-integrated therapist network model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Octave social profiles
Digital presenceOctave compliance and trust
Trust signalCompliance1 record
Octave financial estimates
Financial estimateRevenue estimate
Valuation estimate
Octave leadership team
Management profileNumber of profiles
Profiles2 records
Octave subsidiaries and ownership
Company hierarchySubsidiaries5 records
Octave funding detail
Funding detailFunding overview
Funding rounds8 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Octave 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 Octave
What does Octave do?
Octave delivers evidence-based individual, couples, family, and in-person therapy through a network of fully-licensed, vetted therapists available virtually across 22 U.S. states and in-person in select cities. Sessions are covered by major commercial insurance plans, with most clients paying an average of $28 per session; out-of-pocket rates range from $170–$275 per session. The company operates a measurement-based care system that tracks clinical outcomes throughout the therapy journey, and underpins service delivery with the proprietary WiseMatch platform for real-time therapist matching, scheduling, and insurance directory integration.
Is Octave a public or private company?
Octave is a private company. It is classified as venture growth investor backed and is currently operating.
When was Octave founded?
Octave was founded in 2018. It employs 251 to 500 people.
Where is Octave based?
Octave is headquartered in San Francisco, United States, in the North America region.
How does Octave make money?
One revenue line is on record: per-Session Therapy Fees.
Who are Octave's main competitors?
Direct peers on record are Talkspace, BetterHelp, Headway, Grow Therapy, Lyra Health, Spring Health, Two Chairs, Alma, Rula and Sondermind.
Does Octave have an API?
Yes. Octave offers a Google Calendar integration via OAuth 2.0 that enables appointment scheduling and calendar synchronization features. The integration allows access to calendar events, metadata (titles, times, attendees, locations, descriptions), and availability. This data is processed by Nylas, Inc., a third-party calendar connectivity service provider, on Octave's behalf.
What industry is Octave in?
Octave's product category is Behavioral Health Therapy Services. Its primary akta.pro industry code is HLAFABAC, Outpatient Mental Health & Counseling Clinics, with a secondary code of HLALAEAA, General Mental Health Therapy Platforms (Talk Therapy). Its NAICS code is 621420 and its SIC code is 8000.