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Charlie Health

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uuid0003f5k

Namestring
Charlie Health
Legal namestring
Charlie Health, Inc.
Company typeenum
Private
Founded yearint
2020
Descriptiontext

Charlie Health is a virtual-first intensive outpatient program (IOP) provider delivering high-acuity behavioral healthcare to individuals ages 8-64 across more than 40 U.S. states. Founded in 2020 and headquartered in Bozeman, Montana, the company operates five core clinical programs — Adult Mental Health, Adult Addiction Treatment, Teen Mental Health, Teen Addiction Treatment, and Kids Mental Health — each delivering 10-11+ hours of weekly care via HIPAA-compliant video sessions over 6-12 week treatment cycles. Add-on modules include psychiatry and medication management, medication-assisted treatment (MAT), family therapy, identity-affirming specialized groups for BIPOC, LGBTQIA+, neurodivergent, and maternal mental health populations, 24/7 crisis support, recovery coaching, and a free Alumni Program with daily facilitator-led groups and Discord-based peer communities.

The underlying technology is a proprietary matching algorithm that processes clinical, demographic, and identity data from 125,000+ historical cases to assign clients to peer groups, clinicians, and treatment modalities. Adjacent technology assets include a measurement-based care outcomes tracking system, integrated AI-verified at-home drug testing through a partnership with You Are Accountable, and state-specific medical practice entities (CH Medical CA P.C., CH Medical NC NJ P.C., CH Medical NY, Charlie Health Medical P.A.) that manage provider licensing and clinical operations across jurisdictions. Charlie Health holds Joint Commission accreditation and LegitScript certification, signaling compliance maturity for a multi-state virtual behavioral health provider.

Revenue is generated primarily through insurance reimbursement from 600+ in-network plans including UnitedHealthcare, Cigna, Blue Cross Blue Shield, Aetna, Anthem, Humana, TriCare, and Medicaid; 99% of clients use insurance, with most paying $0 out-of-pocket. Self-pay options are available in select states. The go-to-market motion is hybrid: direct-to-consumer intake via website and a 24/7 admissions team, supplemented by B2B healthcare provider referrals and strategic channel partnerships such as Cartwheel for student mental health outreach.

Short descriptiontext

Charlie Health is a virtual-first intensive outpatient program (IOP) provider delivering high-acuity behavioral healthcare for mental health and substance use disorders to individuals ages 8-64 across 40+ U.S. states, with 125,000+ clients served to date through insurance-billed telehealth treatment programs.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersBozeman, United States
HQ citystring
Bozeman
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
virtual intensive outpatient, behavioral health services, youth mental health, substance use treatment, telehealth psychiatry
Industry2 codes
1Outpatient Substance Use Treatment Programs (IOP/PHP/OP)
CodeHLAFACAFPrimaryYes
2Behavioral Health for Children & Adolescents (Youth Services)
CodeHLAFACALPrimaryNo
NAICS code2 codes
  • Outpatient Mental Health and Substance Abuse Centers621420
  • Offices of Physicians, Mental Health Specialists621112
SIC code2 codes
  • Services-Specialty Outpatient Facilities, Nec8093
  • Services-Health Services8000
Product category
Virtual Behavioral Healthcare
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model2 records
1Insurance-Based Virtual IOP Services
TypeSubscription Recurring
Description

Charlie Health generates revenue primarily through billing insurance providers for intensive outpatient program services. The company is in-network with 600+ insurance plans including major providers like UnitedHealthcare, Cigna, Blue Cross Blue Shield, Aetna, Anthem, Humana, TriCare, and Medicaid. The majority of clients (99%) use insurance, with most paying $0 out-of-pocket due to insurance coverage.

charliehealth.com
2Self-Pay Services
TypeOne Time License
Description

Self-pay options available in select states for clients without insurance coverage or those preferring to pay out-of-pocket. Payment plan options are available for self-pay clients.

charliehealth.com
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Pricing details1 tier
1Insurance-covered IOP programs for adults, teens, and kids
ModelSubscriptionBilling cadenceMonthly
Notes

In-network with 600+ insurance plans. Majority of clients pay $0 out-of-pocket. The majority of clients use insurance (99%). Medicaid accepted in select states. Self-pay available in select states with payment plan options.

charliehealth.com
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 of 4 records shown
1CH Medical CA, P.C.
Description

California-based medical practice entity for patients in California

charliehealth.com
+3 more records
Core offering1 text field

Charlie Health provides virtual Intensive Outpatient Programs (IOPs) delivering 10+ hours per week of behavioral healthcare over 6–12 weeks via HIPAA-compliant video sessions, serving kids (ages 8-11), teens (12-17), and adults (18-64) with mental health and substance use challenges. Services include group therapy, individual therapy, family therapy, psychiatry, medication management, medication-assisted treatment (MAT), and crisis support, accessed primarily through insurance coverage across 600+ in-network plans.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 7 values shown
  • 95% of clients avoid readmission to higher level of care for at least 6 months post-discharge
+6 more records
Product overview1 text field

Charlie Health offers a unified virtual Intensive Outpatient Program (IOP) platform delivering high-acuity behavioral healthcare across five core programs — Adult Mental Health, Teen Mental Health, Kids Mental Health, Adult Addiction Treatment, and Teen Addiction Treatment — serving clients ages 8–64. The platform is architected as a modular system where each core program can be enhanced with add-on services including Psychiatry & Medication Management, Medication-Assisted Treatment (MAT), Family Programming, Alumni Programming, Crisis Support, Recovery Coaching, Identity-Affirming Specialized Groups (BIPOC, LGBTQIA+, neurodivergent, Spanish-speaking, maternal mental health, trauma), and Measurement-Based Care Outcomes Tracking. Clients also receive access to free self-service Mental Health Quizzes and Self-Assessment Tools. All programs provide 10–11+ hours of weekly care over 6–12 weeks via HIPAA-compliant video sessions, with 24/7 crisis support and post-discharge alumni resources. The company partners with 600+ insurance providers and is in-network with major carriers including Tricare, BlueCross BlueShield, Aetna, Cigna, Carelon, Anthem, and Medicaid.

Product and service5 records
1Adult Mental Health Program
CategoryVirtual Intensive Outpatient Program (Mental Health)
Description

Virtual Intensive Outpatient Program (IOP) for adults ages 18-64 experiencing mental health challenges such as anxiety, depression, trauma, and PTSD. Provides 10+ hours of weekly care including group sessions, individual therapy, family therapy, and psychiatry over a 6–12 week period, delivered via HIPAA-compliant video sessions with 24/7 crisis support.

2Teen Mental Health Program
CategoryVirtual Intensive Outpatient Program (Adolescent Mental Health)
Description

Virtual IOP for teenagers ages 12-17 facing mental health struggles including anxiety, depression, self-harm, and school avoidance. Includes 10+ hours of weekly care with peer groups, family therapy, and psychiatry over 6–12 weeks, delivered virtually with identity-affirming group matching.

3Kids Mental Health Program
CategoryVirtual Intensive Outpatient Program (Child Mental Health)
Description

Virtual IOP for children ages 8-11 addressing anxiety, emotional outbursts, school refusal, and trauma. Delivers 11+ hours of weekly treatment with kid-friendly group sessions, family therapy, and psychiatry over 6–12 weeks, designed for the developmental stage and attention span of children.

4Adult Addiction Treatment Program
CategoryVirtual Intensive Outpatient Program (Addiction Treatment)
Description

Virtual IOP for adults ages 18-64 treating substance use disorders (alcohol, opioids, cannabis, stimulants, etc.) and behavioral addictions (gambling, gaming, internet). Includes medication-assisted treatment (MAT), AI-verified drug testing via You Are Accountable partnership, and harm reduction or abstinence-based tracks with recovery coaching.

5Teen Addiction Treatment Program
CategoryVirtual Intensive Outpatient Program (Adolescent Addiction Treatment)
Description

Virtual IOP for teenagers ages 13-17 dealing with substance use or behavioral addictions. Provides medication-assisted treatment for teens 16+, drug testing, recovery coaching, and family therapy using CRAFT and motivational interviewing approaches over a 6–12 week duration.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-09-13
Description

Partnership to address the student mental health crisis through Charlie Health's virtual intensive outpatient programs. Cartwheel provides a platform connecting students to mental health services, while Charlie Health delivers specialized treatment for students experiencing anxiety, depression, and other mental health challenges.

Strategic tierSupportingTypeTechnology or Integration
Description

Partnership providing at-home oral fluid drug testing through a secure app that uses AI to verify identity and timing. Most results available within minutes. Supports accountability for clients in MAT or abstinence-based tracks without invasive testing.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

In-network relationships with 600+ insurance providers including major plans like UnitedHealthcare, Cigna, Blue Cross Blue Shield, Aetna, Anthem, Humana, TriCare, and Medicaid. The company bills insurance providers for IOP services rendered.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Brightside Health is a virtual mental health provider specializing in depression, anxiety, and PTSD through telehealth, including intensive treatment programs. It directly competes with Charlie Health in the virtual high-acuity behavioral health space with similar insurance-based model and clinical outcomes focus.

TypeDirect peer
Description

Lyra Health is a virtual mental health benefits provider serving employers and employees with therapy, coaching, and intensive outpatient services. It competes with Charlie Health for high-acuity virtual IOP patients and enterprise payer partnerships, particularly through employer-sponsored benefits.

TypeDirect peer
Description

Spring Health is a comprehensive mental health benefits platform offering therapy, coaching, medication, and higher-acuity care including intensive outpatient programs. It directly competes with Charlie Health in employer-sponsored and payer-funded virtual behavioral health, especially for youth and high-acuity populations.

TypeDirect peer
Description

Cerebral is a virtual mental health provider offering therapy, counseling, and medication management for anxiety, depression, ADHD, and substance use. It competes with Charlie Health in the virtual high-acuity mental health market and serves a similar insurance-based and self-pay client base, though it has faced regulatory scrutiny.

TypeDirect peer
Description

Talkspace is an online therapy platform connecting clients with licensed therapists via messaging, audio, and video sessions, with growing coverage of higher-acuity programs. It competes with Charlie Health in virtual behavioral health delivery and enterprise/B2B contracts with payers and employers.

TypeEmerging player
Description

Two Chairs operates a hybrid in-person and virtual therapy clinic model focused on measurement-based care and matching clients to specialized therapists. It overlaps with Charlie Health's matching-driven, outcomes-focused approach and its expansion into higher-acuity care including IOP-adjacent services.

TypeEmerging player
Description

Hazel Health provides virtual mental health services to K-12 students in schools, including therapy and counseling. It overlaps with Charlie Health's youth focus and Cartwheel partnership, competing for the same school-based and family-funded adolescent mental health population.

TypeEmerging player
Description

Cartwheel is a school-based virtual mental health provider partnering with Charlie Health to deliver student IOP services. It represents both a partner and adjacent competitor in the youth/school mental health space with similar clinical service offerings.

TypeBroad incumbent
Description

Headspace Health combines the Headspace mindfulness platform with Ginger's on-demand coaching, therapy, and psychiatry services. It is a broader incumbent in the digital mental health space with overlapping virtual therapy and coaching offerings, though it focuses more on employer benefits than high-acuity IOP.

TypeBroad incumbent
Description

BetterHelp is the largest direct-to-consumer online therapy platform offering virtual counseling via subscription. It is a broad incumbent in virtual behavioral health with massive consumer awareness, though it focuses on weekly therapy rather than the high-acuity IOP model Charlie Health specializes in.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment6 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration1 record

Each record includes

Title, Type, Description, Source

AI capability2 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Charlie Health

Virtual Behavioral Healthcarecharliehealth.com

Charlie Health is a virtual-first intensive outpatient program (IOP) provider delivering high-acuity behavioral healthcare for mental health and substance use disorders to individuals ages 8-64 across 40+ U.S. states, with 125,000+ clients served to date through insurance-billed telehealth treatment programs.

What Charlie Health does

Charlie Health is a virtual-first intensive outpatient program (IOP) provider delivering high-acuity behavioral healthcare to individuals ages 8-64 across more than 40 U.S. states. Founded in 2020 and headquartered in Bozeman, Montana, the company operates five core clinical programs — Adult Mental Health, Adult Addiction Treatment, Teen Mental Health, Teen Addiction Treatment, and Kids Mental Health — each delivering 10-11+ hours of weekly care via HIPAA-compliant video sessions over 6-12 week treatment cycles. Add-on modules include psychiatry and medication management, medication-assisted treatment (MAT), family therapy, identity-affirming specialized groups for BIPOC, LGBTQIA+, neurodivergent, and maternal mental health populations, 24/7 crisis support, recovery coaching, and a free Alumni Program with daily facilitator-led groups and Discord-based peer communities.

The underlying technology is a proprietary matching algorithm that processes clinical, demographic, and identity data from 125,000+ historical cases to assign clients to peer groups, clinicians, and treatment modalities. Adjacent technology assets include a measurement-based care outcomes tracking system, integrated AI-verified at-home drug testing through a partnership with You Are Accountable, and state-specific medical practice entities (CH Medical CA P.C., CH Medical NC NJ P.C., CH Medical NY, Charlie Health Medical P.A.) that manage provider licensing and clinical operations across jurisdictions. Charlie Health holds Joint Commission accreditation and LegitScript certification, signaling compliance maturity for a multi-state virtual behavioral health provider.

Revenue is generated primarily through insurance reimbursement from 600+ in-network plans including UnitedHealthcare, Cigna, Blue Cross Blue Shield, Aetna, Anthem, Humana, TriCare, and Medicaid; 99% of clients use insurance, with most paying $0 out-of-pocket. Self-pay options are available in select states. The go-to-market motion is hybrid: direct-to-consumer intake via website and a 24/7 admissions team, supplemented by B2B healthcare provider referrals and strategic channel partnerships such as Cartwheel for student mental health outreach.

Charlie Health firmographics

Firmographics
Name
Charlie Health
Legal name
Charlie Health, Inc.
Website
https://charliehealth.com
Company type
Private
Founded year
2020
Operating status
Operating
Headcount range
501–1,000 employees
Short description
Charlie Health is a virtual-first intensive outpatient program (IOP) provider delivering high-acuity behavioral healthcare for mental health and substance use disorders to individuals ages 8-64 across 40+ U.S. states, with 125,000+ clients served to date through insurance-billed telehealth treatment programs.
Ownership category
akta.pro rank

Charlie Health industry classification

Industry
Product category
Virtual Behavioral Healthcare
NAICS
Outpatient Mental Health and Substance Abuse Centers (621420), Offices of Physicians, Mental Health Specialists (621112)
SIC
Services-Specialty Outpatient Facilities, Nec (8093), Services-Health Services (8000)
akta.pro primary industry
Outpatient Substance Use Treatment Programs (IOP/PHP/OP) (HLAFACAF)
akta.pro secondary industry
Behavioral Health for Children & Adolescents (Youth Services) (HLAFACAL)

Keywords

  • Virtual intensive outpatient
  • Behavioral health services
  • Youth mental health
  • Substance use treatment
  • Telehealth psychiatry

Where Charlie Health is headquartered

Location

Headquarters

HQ city
Bozeman
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Charlie Health business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Insurance-Based Virtual IOP Services: Charlie Health generates revenue primarily through billing insurance providers for intensive outpatient program services. The company is in-network with 600+ insurance plans including major providers like UnitedHealthcare, Cigna, Blue Cross Blue Shield, Aetna, Anthem, Humana, TriCare, and Medicaid. The majority of clients (99%) use insurance, with most paying $0 out-of-pocket due to insurance coverage.
  2. Self-Pay Services: Self-pay options available in select states for clients without insurance coverage or those preferring to pay out-of-pocket. Payment plan options are available for self-pay clients.

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyInsurance-covered IOP programs for adults, teens, and kids

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Charlie Health product offering

Product offering

Core offering

Charlie Health provides virtual Intensive Outpatient Programs (IOPs) delivering 10+ hours per week of behavioral healthcare over 6–12 weeks via HIPAA-compliant video sessions, serving kids (ages 8-11), teens (12-17), and adults (18-64) with mental health and substance use challenges. Services include group therapy, individual therapy, family therapy, psychiatry, medication management, medication-assisted treatment (MAT), and crisis support, accessed primarily through insurance coverage across 600+ in-network plans.

Product overview

Charlie Health offers a unified virtual Intensive Outpatient Program (IOP) platform delivering high-acuity behavioral healthcare across five core programs — Adult Mental Health, Teen Mental Health, Kids Mental Health, Adult Addiction Treatment, and Teen Addiction Treatment — serving clients ages 8–64. The platform is architected as a modular system where each core program can be enhanced with add-on services including Psychiatry & Medication Management, Medication-Assisted Treatment (MAT), Family Programming, Alumni Programming, Crisis Support, Recovery Coaching, Identity-Affirming Specialized Groups (BIPOC, LGBTQIA+, neurodivergent, Spanish-speaking, maternal mental health, trauma), and Measurement-Based Care Outcomes Tracking. Clients also receive access to free self-service Mental Health Quizzes and Self-Assessment Tools. All programs provide 10–11+ hours of weekly care over 6–12 weeks via HIPAA-compliant video sessions, with 24/7 crisis support and post-discharge alumni resources. The company partners with 600+ insurance providers and is in-network with major carriers including Tricare, BlueCross BlueShield, Aetna, Cigna, Carelon, Anthem, and Medicaid.

Differentiator

Problem solved

Functional benefit

Brands

  • CH Medical CA, P.C. California-based medical practice entity for patients in California
  • CH Medical NC NJ, P.C.
  • CH Medical NY
  • Charlie Health Medical, P.A.

Products and services

  • Adult Mental Health Program Virtual Intensive Outpatient Program (IOP) for adults ages 18-64 experiencing mental health challenges such as anxiety, depression, trauma, and PTSD. Provides 10+ hours of weekly care including group sessions, individual therapy, family therapy, and psychiatry over a 6–12 week period, delivered via HIPAA-compliant video sessions with 24/7 crisis support.
  • Teen Mental Health Program Virtual IOP for teenagers ages 12-17 facing mental health struggles including anxiety, depression, self-harm, and school avoidance. Includes 10+ hours of weekly care with peer groups, family therapy, and psychiatry over 6–12 weeks, delivered virtually with identity-affirming group matching.
  • Kids Mental Health Program Virtual IOP for children ages 8-11 addressing anxiety, emotional outbursts, school refusal, and trauma. Delivers 11+ hours of weekly treatment with kid-friendly group sessions, family therapy, and psychiatry over 6–12 weeks, designed for the developmental stage and attention span of children.
  • Adult Addiction Treatment Program Virtual IOP for adults ages 18-64 treating substance use disorders (alcohol, opioids, cannabis, stimulants, etc.) and behavioral addictions (gambling, gaming, internet). Includes medication-assisted treatment (MAT), AI-verified drug testing via You Are Accountable partnership, and harm reduction or abstinence-based tracks with recovery coaching.
  • Teen Addiction Treatment Program Virtual IOP for teenagers ages 13-17 dealing with substance use or behavioral addictions. Provides medication-assisted treatment for teens 16+, drug testing, recovery coaching, and family therapy using CRAFT and motivational interviewing approaches over a 6–12 week duration.

Quantifiable outcome

  • 95% of clients avoid readmission to higher level of care for at least 6 months post-discharge
  • +6 more outcomes

Companies that use Charlie Health

Customer profile

Named customers5 records

Segments6 records

Ideal customer profiles5 records

Charlie Health technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability2 records

Feature4 records

Charlie Health partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core and supporting.

  • CartwheelcoreStrategic or Co-development Partner · 13 September 2024Partnership to address the student mental health crisis through Charlie Health's virtual intensive outpatient programs. Cartwheel provides a platform connecting students to mental health services, while Charlie Health delivers specialized treatment for students experiencing anxiety, depression, and other mental health challenges.
  • You Are Accountable (YAA)supportingTechnology or IntegrationPartnership providing at-home oral fluid drug testing through a secure app that uses AI to verify identity and timing. Most results available within minutes. Supports accountability for clients in MAT or abstinence-based tracks without invasive testing.
  • Insurance Providers (600+ networks)coreChannel Partner/ Reseller/ DistributorIn-network relationships with 600+ insurance providers including major plans like UnitedHealthcare, Cigna, Blue Cross Blue Shield, Aetna, Anthem, Humana, TriCare, and Medicaid. The company bills insurance providers for IOP services rendered.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Charlie Health competitors and assessment

Company assessment

Direct peers

  • Brightside Health: Brightside Health is a virtual mental health provider specializing in depression, anxiety, and PTSD through telehealth, including intensive treatment programs. It directly competes with Charlie Health in the virtual high-acuity behavioral health space with similar insurance-based model and clinical outcomes focus.
  • Lyra Health: Lyra Health is a virtual mental health benefits provider serving employers and employees with therapy, coaching, and intensive outpatient services. It competes with Charlie Health for high-acuity virtual IOP patients and enterprise payer partnerships, particularly through employer-sponsored benefits.
  • Spring Health: Spring Health is a comprehensive mental health benefits platform offering therapy, coaching, medication, and higher-acuity care including intensive outpatient programs. It directly competes with Charlie Health in employer-sponsored and payer-funded virtual behavioral health, especially for youth and high-acuity populations.
  • Cerebral: Cerebral is a virtual mental health provider offering therapy, counseling, and medication management for anxiety, depression, ADHD, and substance use. It competes with Charlie Health in the virtual high-acuity mental health market and serves a similar insurance-based and self-pay client base, though it has faced regulatory scrutiny.
  • Talkspace: Talkspace is an online therapy platform connecting clients with licensed therapists via messaging, audio, and video sessions, with growing coverage of higher-acuity programs. It competes with Charlie Health in virtual behavioral health delivery and enterprise/B2B contracts with payers and employers.

Emerging players

  • Two Chairs: Two Chairs operates a hybrid in-person and virtual therapy clinic model focused on measurement-based care and matching clients to specialized therapists. It overlaps with Charlie Health's matching-driven, outcomes-focused approach and its expansion into higher-acuity care including IOP-adjacent services.
  • Hazel Health: Hazel Health provides virtual mental health services to K-12 students in schools, including therapy and counseling. It overlaps with Charlie Health's youth focus and Cartwheel partnership, competing for the same school-based and family-funded adolescent mental health population.
  • Cartwheel: Cartwheel is a school-based virtual mental health provider partnering with Charlie Health to deliver student IOP services. It represents both a partner and adjacent competitor in the youth/school mental health space with similar clinical service offerings.

Broad incumbents

  • Headspace Health (Ginger): Headspace Health combines the Headspace mindfulness platform with Ginger's on-demand coaching, therapy, and psychiatry services. It is a broader incumbent in the digital mental health space with overlapping virtual therapy and coaching offerings, though it focuses more on employer benefits than high-acuity IOP.
  • BetterHelp: BetterHelp is the largest direct-to-consumer online therapy platform offering virtual counseling via subscription. It is a broad incumbent in virtual behavioral health with massive consumer awareness, though it focuses on weekly therapy rather than the high-acuity IOP model Charlie Health specializes in.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Charlie Health social profiles

Digital presence

Charlie Health compliance and trust

Trust signal

Compliance1 record

Charlie Health financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Charlie Health leadership team

Management profile

Number of profiles

Profiles6 records

Charlie Health funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

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

Charlie Health M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Charlie Health

What does Charlie Health do?

Charlie Health provides virtual Intensive Outpatient Programs (IOPs) delivering 10+ hours per week of behavioral healthcare over 6–12 weeks via HIPAA-compliant video sessions, serving kids (ages 8-11), teens (12-17), and adults (18-64) with mental health and substance use challenges. Services include group therapy, individual therapy, family therapy, psychiatry, medication management, medication-assisted treatment (MAT), and crisis support, accessed primarily through insurance coverage across 600+ in-network plans.

Is Charlie Health a public or private company?

Charlie Health is a private company. It is classified as private equity controlled and is currently operating.

When was Charlie Health founded?

Charlie Health was founded in 2020. It employs 501 to 1,000 people.

Where is Charlie Health based?

Charlie Health is headquartered in Bozeman, United States, in the North America region.

How does Charlie Health make money?

Two revenue lines are on record. Insurance-Based Virtual IOP Services are the primary driver. The others are self-Pay Services.

Who are Charlie Health's main competitors?

Direct peers on record are Brightside Health, Lyra Health, Spring Health, Cerebral and Talkspace. Emerging players are Two Chairs, Hazel Health and Cartwheel. Broad incumbents are Headspace Health (Ginger) and BetterHelp.

Does Charlie Health have an API?

No public API is recorded for Charlie Health.

What industry is Charlie Health in?

Charlie Health's product category is Virtual Behavioral Healthcare. Its primary akta.pro industry code is HLAFACAF, Outpatient Substance Use Treatment Programs (IOP/PHP/OP), with a secondary code of HLAFACAL, Behavioral Health for Children & Adolescents (Youth Services). Its NAICS code is 621420 and its SIC code is 8093.

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Live signals
HIT ConsultantHeadspace Expands Specialty Care Ecosystem via Partnerships with Charlie Health, Cortica, Prosper, and EquipDigital mental health platform Headspace announced new clinical care partnerships with Charlie Health, Cortica, Prosper Health, and Equip to address high-need specialty care referrals. The move responds to a key operational metric: nearly one-third of all care referral requests submitted to Headspace's 65,000+ clinician network over the past year required specialized behavioral intervention. The partnerships establish coordinated pathways with dedicated Referral Coordination team support for warm handoffs to specialized partners serving youth and adults across intensive outpatient, neurodevelopmental, and eating disorder care.New York PostRecent deals lift 2 Park Ave. to 90% occupancySince Hadson Realty purchased 2 Park Ave. from Morgan Stanley last year for $360 million, the 1.2 million-square-foot Art Deco building has achieved 90% occupancy following over 165,000 square feet in recently signed deals including leases with Cadent, Charlie Health, Oxford Economics, and CUNY. JLL represented the landlord in all transactions at the Midtown Manhattan property where asking rents range from $95 to $115 per square foot. Hadson Realty completed a $50 million capital upgrade including a redesigned lobby, conference center, and amenities suite with a wraparound terrace.PR NewswireCharlie Health Names New Chief Technology Officer to Accelerate Technology and AI StrategyCharlie Health, a virtual high-acuity behavioral healthcare provider, has appointed Ashok Balakrishnan as its new Chief Technology Officer to lead the company's technology strategy and execution. Balakrishnan joins from K Health, where he served as CTO and built an AI-enabled primary digital care model, bringing over 25 years of technology sector experience to advance AI innovation in mental health care. The company is accelerating investments in its technology platform to meet growing demand for virtual Intensive Outpatient Programs (IOP) and expand care personalization, operational efficiency, and platform reliability.MorningstarCharlie Health Names New Chief Technology Officer to Accelerate Technology and AI StrategyCharlie Health, a virtual high-acuity behavioral healthcare provider, announced Ashok Balakrishnan as its new Chief Technology Officer to lead technology strategy and execution amid growing demand for virtual behavioral healthcare services. Balakrishnan joins from K Health where he built AI-enabled primary digital care models, bringing over 25 years of technology sector experience to help scale Charlie Health's technology infrastructure and advance AI innovation for care personalization. The company is accelerating investments in technology and data to support its virtual Intensive Outpatient Programs as it expands across 40 states.Rv-TimesGUEST COLUMN: Oregon should move forward with expanded telehealthDr. Joseph Jackmovich, a psychiatrist in Medford, Oregon, argues that the state should continue supporting expanded telehealth services for mental health care, warning that rolling back regulatory support would harm patients. The article highlights that Charlie Health, a virtual intensive outpatient mental health provider, has served over 6,500 high-acuity patients in Oregon since 2021, with over 60% covered by Medicaid, and notes that patients can typically be scheduled within 24-48 hours through telehealth. The author cites Oregon's ranking of 47th in mental illness prevalence and calls for continued investment in virtual care as a critical tool for addressing the state's behavioral health crisis.The Lund ReportKotek calls telehealth pressure campaign ‘misleading’Montana-based Charlie Health, a for-profit telehealth firm, is campaigning to continue operating in Oregon despite the Oregon Health Authority not renewing its certification due to oversight concerns. The company argues that it can still provide telehealth services using Oregon-licensed providers, and has launched a 'Save Virtual Care' campaign, which critics say is misleading. The dispute arises amid broader issues of mental health service funding and oversight in Oregon.The Lund ReportFor-profit telehealth company wants Oregon to fund unlicensed behavioral health providers for low-income youth, adultsCharlie Health, a Montana-based private equity-backed telehealth company, is lobbying the Oregon legislature and has enlisted civil rights leader Rev. Al Sharpton to prevent the Oregon Health Authority from blocking its services to low-income youth and adults under the Medicaid-funded Oregon Health Plan. The state agency is seeking to deny renewal of the company's certificate-of-approval, which allows it to use providers not licensed in Oregon — a program state officials say was intended for in-person county-based clinics, not telehealth-only operations. The company, which has treated over 6,500 Oregon patients and projects serving over 8,000 in 2026, argues the regulatory action would put vulnerable patients at risk and is acting as a proxy for competing insurers and nonprofits.The AstorianOpinion: This holiday season, I’m thankful for telehealth. Oregon must protect access.The author argues that telehealth, specifically a virtual intensive outpatient program called Charlie Health, saved her life after fleeing a domestic violence situation as a single mother in Oregon. She contends that Oregon's virtual mental health services operate in a legal gray area with complicated and inconsistent regulations, creating uncertainty for patients who depend on these services; the state has the 13th highest suicide rate in the country. The author calls on Gov. Tina Kotek, the Oregon Legislature, and the Oregon Health Authority to reduce regulatory barriers and protect access to virtual mental health resources.Charlie HealthVirtual Mental Health, Substance Use, & Eating Disorder TreatmentCharlie Health promotes its virtual intensive outpatient programs for mental health, substance use, and eating disorders across the U.S., claiming to be the most trusted clinic with industry-leading outcomes. The company highlights partnerships with over 300 major insurance providers and emphasizes individualized care plans supported by peer groups and crisis support.PR NewswireCharlie Health Expands Virtual High-Acuity Behavioral Health Services to Support Individuals Ages 8-64Charlie Health, a virtual high-acuity behavioral healthcare provider, announced the expansion of its services to cover individuals ages 8 to 64, broadening its previous focus on teens and young adults. The expansion addresses documented care gaps, including rising suicide rates among preteens (8-12 years) which have increased approximately 8% annually since 2008, and limited intensive care options for midlife adults (45-64 years). The company cited positive clinical outcomes data showing depression and anxiety measures decreased by 58-66% among younger and older client groups who completed treatment.