Octave

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

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

• Mental health therapy
• Behavioral health services
• Online counseling platform
• Teletherapy services
• Insurance-covered therapy

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, Infrastructure

Revenue model

1. 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

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core 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

Named customers1 record

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability4 records

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Grow TherapycoreTechnology or IntegrationGrow 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.
• RulacoreTechnology or IntegrationRula partnered with Octave as an inaugural partner on the WiseMatch platform, contributing its therapist network to the unified scheduling and real-time booking infrastructure.
• SondermindcoreTechnology or IntegrationSondermind 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 GroupcoreChannel Partner/ Reseller/ DistributorOctave 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 DiagnosticsminorStrategic or Co-development PartnerQuest 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

Direct 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

• Facebookfacebook.com/findoctave
• LinkedInlinkedin.com/company/octavehealth
• Instagraminstagram.com/findoctave
• TikToktiktok.com/@findoctave
• Xx.com/findoctave

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries5 records

Funding overview

Funding rounds8 records

Investors11 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 Octave