TherapyMate
TherapyMate is a cloud-based, HIPAA-compliant practice management platform for solo and group mental health practices (therapists, counselors, social workers, psychiatrists, psychologists), offering integrated scheduling, EHR, telehealth, billing, and AI-powered clinical documentation on monthly subscriptions.
- Company typePrivate
- Founded2012
- HeadquartersMidway, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What TherapyMate does
TherapyMate is a cloud-based practice management software platform built for solo and group mental health practices, including counselors, therapists, social workers, psychiatrists, and psychologists. The platform consolidates scheduling, appointment reminders, electronic health records and clinical notes, telehealth video conferencing, client portal, insurance claims submission, credit card processing, and income/expense tracking into a single web application accessible via browsers, PCs, tablets, and native iOS/Android apps. Hosting is delivered through ISO 27001 and SOC 1 certified data centers with HIPAA-compliant business associate terms, SSL encryption, automatic backups, and a 99.99% availability SLA. The product is offered on a monthly subscription with three tiers — Essential ($39/mo), Plus ($49/mo), and Group Practice ($69/mo) — plus optional Telehealth ($10/mo per clinician) and AI Scribe ($20/mo per clinician, powered by Clinically AI partnership launched June 2025) add-ons, with transaction-fee revenue layered on through integrated Stripe payment processing and Claim.MD claims clearinghouse partnerships.
The company operates a product-led growth motion with a 30-day no-credit-card free trial, complemented by inside-sales demo support and event-driven outreach through professional associations. TherapyMate is headquartered in Midway, Utah, operates as a privately held LLC founded in 2012, and serves customers in the United States and Canada with 1-10 employees and no disclosed institutional funding. The company cites an addressable market of 145,000+ mental health professionals globally, though its own footprint remains North American.
TherapyMate firmographics
Firmographics- Name
- TherapyMate
- Legal name
- TherapyMate, LLC
- Website
- https://therapymate.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- TherapyMate is a cloud-based, HIPAA-compliant practice management platform for solo and group mental health practices (therapists, counselors, social workers, psychiatrists, psychologists), offering integrated scheduling, EHR, telehealth, billing, and AI-powered clinical documentation on monthly subscriptions.
- Ownership category
- akta.pro rank
TherapyMate industry classification
Industry- Product category
- Practice Management Software
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- General Mental Health Therapy Platforms (Talk Therapy) (HLALAEAA)
- akta.pro secondary industries
- Behavioral Health & Psychiatry Virtual Care (Payer Network) (HLALACAC), Psychiatry & Medication Management Platforms (HLALAEAB)
Keywords
Where TherapyMate is headquartered
LocationHeadquarters
- HQ city
- Midway
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
TherapyMate business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Subscription Software (Core SaaS): Monthly subscription fees for practice management software access across three tiers: Essential ($39/mo single clinician), Plus ($49/mo), and Group Practice ($69/mo unlimited clinicians). Add-on fees for Telehealth Video (+$10/mo) and Clinical AI Notes (+$20/mo). Billed monthly on a recurring basis with no long-term contract required.
- Credit Card Processing (Stripe Partnership): Transaction fees from integrated Stripe credit card processing at 3.15% plus $0.30 per transaction. Optional Instant Payouts premium service available. Revenue share/transaction-based income from payment volume processed through the platform.
- Electronic Claims Processing (Claim.MD Partnership): Revenue from Claim.MD clearinghouse integration for electronic claim submission. Users pay Claim.MD directly for their services, suggesting a referral or partnership revenue arrangement.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Essential: Single clinician, up to 40 active clients, $39/month |
| Subscription | Monthly | Plus: Single clinician, up to 50 active clients, $49/month |
| Subscription | Monthly | Group Practice: Unlimited clinicians, up to 100 shared active clients, $69/month |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels6 records
TherapyMate product offering
Product offeringCore offering
TherapyMate is a cloud-based, web-hosted practice management software platform for mental health professionals (counselors, social workers, therapists, psychiatrists, and psychologists). The platform consolidates scheduling, appointment reminders, electronic health records with therapy notes, client portal, HIPAA-compliant telehealth video conferencing, insurance billing with electronic claims, integrated credit card processing, and business management tools into a single SaaS application offered via tiered monthly subscriptions.
Product overview
TherapyMate is a unified cloud-based practice management platform for mental health professionals (social workers, therapists, counselors, psychiatrists, psychologists). The core platform includes scheduling, telehealth video conferencing, electronic health records with therapy notes, client portal, billing with integrated payment processing, and business management tools. The product is offered across three pricing tiers: Essential ($39/mo) and Plus ($49/mo) for single-clinician practices, and Group Practice ($69/mo) for multi-clinician practices. Key add-on modules include AI Scribe (AI-powered clinical documentation powered by Clinically AI, +$20/mo per clinician) and Telehealth Video Conferencing (+$10/mo). Native mobile apps for iPhone and Android are included across all plans.
Differentiator
Problem solved
Functional benefit
Products and services
- TherapyMate Platform Cloud-based, web-hosted SaaS practice management software for solo and group mental health practices. Provides integrated scheduling, appointment reminders, electronic health records, therapy notes, telehealth video, client portal, electronic claims, credit card processing, income/expense tracking, and business management tools. Sold via tiered monthly subscriptions (Essential $39/mo, Plus $49/mo, Group Practice $69/mo).
- AI Scribe AI-powered clinical documentation add-on that captures therapy session audio (in-person or telehealth) and automatically generates structured clinical notes, treatment plans, patient-facing session summaries, post-session dictations, and billing documentation. Powered by Clinically AI. Sold as $20/month per clinician add-on.
- Telehealth Video Conferencing HIPAA-compliant HD video and audio conferencing add-on enabling remote behavioral health sessions with encryption. Supports Windows PCs, Apple PCs, Chromebooks, tablets, iPhone and Android smartphones. Sold as $10/month per clinician add-on.
- TherapyMate Mobile App Native iOS and Android mobile applications allowing clinicians to view and modify schedules, mark appointments, add clients, view contact information, and process credit card payments on mobile devices. Included with TherapyMate subscriptions.
- Client Portal Secure online portal enabling mental health clients to complete and electronically sign intake forms and questionnaires, make payments, schedule appointments, and send secure messages to their provider. Completed documents automatically populate the client's chart. Included with TherapyMate subscriptions.
Quantifiable outcome
- AI documentation reduces note-taking time from approximately 60 minutes to 15 minutes per session (75% reduction)
- +3 more outcomes
Companies that use TherapyMate
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
TherapyMate technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability4 records
Feature8 records
TherapyMate partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Clinically AIcoreStrategic partnership announced June 23, 2025 to deliver AI-powered clinical documentation within the TherapyMate platform. Clinically AI's technology captures and analyzes therapy sessions, automatically generating accurately structured clinical notes including treatment plans, patient-facing session summaries, post-session dictations, and compliant billing documentation. The feature is now generally available to all TherapyMate users. Quotes from customers indicate significant time savings (75% reduction in documentation time) and positive reception.
- Claim.MDcoreHealthcare claims EDI clearinghouse partnership for electronic claim submission, ERA posting, automatic secondary insurance policy billing, and eligibility information. Claim.MD processes hundreds of millions of healthcare transactions annually through their extensive national payer network. A Claim.MD subscription is required before billing can occur in TherapyMate.
- StripecoreIntegrated credit card processing partnership providing PCI-compliant payment processing at 3.15% plus $0.30 per transaction. Stripe handles secure credit card storage, instant credit card payouts (optional premium service), and PCI Service Provider Level 1 certification. Stripe has been audited by a PCI-certified auditor.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
TherapyMate competitors and assessment
Company assessmentBroad incumbents
- DrChrono: DrChrono (now part of EverHealth) provides EHR, practice management, medical billing, and telehealth for ambulatory practices, serving as a broader incumbent that competes with TherapyMate for practices seeking generalist practice management solutions.
- athenahealth: athenahealth is a large ambulatory EHR and practice management vendor serving physician groups and health systems; while not mental-health-specialized, its EHR, scheduling, and billing modules overlap with TherapyMate for practices that need broader healthcare IT functionality.
Direct peers
- ClinicSource: ClinicSource provides practice management software for therapy, rehab, and behavioral health practices with scheduling, documentation, billing, and progress notes — comparable to TherapyMate for therapy and rehab outpatient practices.
- SimplePractice: SimplePractice is the leading cloud-based practice management platform for solo and group private practice therapists, offering scheduling, telehealth, EHR, billing, and a client portal — directly overlapping TherapyMate's core functionality and target buyer (solo/group mental health practitioners).
- TherapyNotes: TherapyNotes provides practice management, EHR, scheduling, and billing software purpose-built for behavioral health professionals including therapists, psychologists, and social workers, competing head-to-head with TherapyMate in the same SMB mental health segment.
- TheraNest: TheraNest (by Therapy Brands) is a practice management platform for mental health, behavioral health, and substance abuse practices with scheduling, notes, telehealth, and billing — a near-direct competitor to TherapyMate for solo and group practices.
- Jane App: Jane is a clinic management platform widely adopted by allied health and mental health practitioners, offering scheduling, charting, billing, telehealth, and online booking — competing with TherapyMate across mental health, counseling, and multidisciplinary practices.
- Practice Better: Practice Better is an all-in-one practice management platform for health and wellness practitioners including nutritionists, therapists, and coaches, offering charting, scheduling, telehealth, and client engagement — overlapping TherapyMate's solo-practitioner mental health use case.
- CounSol.com: CounSol.com is a web-based practice management solution for solo therapists and counselors, offering scheduling, notes, billing, and client portal features — directly comparable to TherapyMate's core offering for individual mental health practitioners.
Others
- Clinically AI: Clinically AI is the AI clinical documentation partner powering TherapyMate's AI Scribe feature; comparable as an ecosystem participant (technology supplier/integrator) whose ambient AI scribe capability is also increasingly embedded in competing mental health platforms.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
TherapyMate compliance and trust
Trust signalCompliance4 records
TherapyMate financial estimates
Financial estimateRevenue estimate
Valuation estimate
TherapyMate leadership team
Management profileNumber of profiles
TherapyMate funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TherapyMate 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 TherapyMate
What does TherapyMate do?
TherapyMate is a cloud-based, web-hosted practice management software platform for mental health professionals (counselors, social workers, therapists, psychiatrists, and psychologists). The platform consolidates scheduling, appointment reminders, electronic health records with therapy notes, client portal, HIPAA-compliant telehealth video conferencing, insurance billing with electronic claims, integrated credit card processing, and business management tools into a single SaaS application offered via tiered monthly subscriptions.
Is TherapyMate a public or private company?
TherapyMate is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was TherapyMate founded?
TherapyMate was founded in 2012. It employs 1 to 10 people.
Where is TherapyMate based?
TherapyMate is headquartered in Midway, United States, in the North America region.
How does TherapyMate make money?
Three revenue lines are on record. Subscription Software (Core SaaS) is the primary driver. The others are credit Card Processing (Stripe Partnership) and electronic Claims Processing (Claim.MD Partnership).
Who are TherapyMate's main competitors?
Broad incumbents on record are DrChrono and athenahealth. Direct peers are ClinicSource, SimplePractice, TherapyNotes, TheraNest, Jane App, Practice Better and CounSol.com. Clinically AI is listed as an others.
Does TherapyMate have an API?
No public API is recorded for TherapyMate.
What industry is TherapyMate in?
TherapyMate's product category is Practice Management Software. Its primary akta.pro industry code is HLALAEAA, General Mental Health Therapy Platforms (Talk Therapy), with a secondary code of HLALACAC, Behavioral Health & Psychiatry Virtual Care (Payer Network). Its SIC code is 7372.