Therapy Space

What Therapy Space does

Therapy Space, founded in 2014 and headquartered in Brentwood, Tennessee, operates a vertical-specific flexible office platform purpose-built for licensed mental health professionals. The company subleases fully furnished, HIPAA-compliant office space to psychiatrists, psychologists, therapists, counselors, nutritionists, and other mental health-adjacent practitioners across 17+ locations in seven U.S. metro areas (Atlanta, Austin, Dallas, Detroit, Houston, Nashville, Philadelphia). The platform's core technology stack includes an iPad-based lobby check-in system that triggers SMS notifications to clinicians when clients arrive, a public clinician directory (Connect by Therapy Space at connect.therapyspace.org) for client discovery, and HIPAA-compliant email transmission handled via Paubox with HITRUST CSF certification. The product surface spans day-rental office access, month-to-month office leases, and tiered membership programs (Basic at $125/month and Pro at $195/month), all positioned around a no-split-fee model where therapists retain 100% of client revenue.

The business model is subscription-recurring across two revenue streams: (1) office space rental, priced per day-of-week from $175 to $305 per month depending on location and windowed office premium, with discounts for 4+ days per week commitments, and (2) membership programs, which provide a professional mailing address, Connect profile listing, client check-in tools, and bundled one-hour booking credits. Go-to-market is direct-to-therapist through a self-serve website with tour scheduling, SEO-optimized location pages, organic social channels (Facebook, Instagram, LinkedIn), and the Connect directory's inbound lead generation. Customers are exclusively SMB individual practitioners; there are no enterprise tenants, and revenue is fully distributed across the long tail of clinicians.

Therapy Space operates as an independent, privately held company with no disclosed venture capital, private equity backing, or parent entity. Leadership is anchored by Founder and CEO Marcus Geromes. The company continues active expansion, with a new Maryland Farms WestPark Exchange location under construction in Brentwood and a 30+ suite Plano Preston Park location recently launched in the Dallas metro, signaling continued investment in the Nashville and North Texas cluster markets that anchor its footprint.

Name

Therapy Space

Legal name

Therapy Space

Website

https://therapyspace.org

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

Therapy Space subleases HIPAA-compliant, fully furnished office space on flexible terms to licensed mental health professionals across 17+ locations in seven U.S. metros, complemented by membership programs and the Connect clinician directory.

Ownership category

akta.pro rank

Headquarters

HQ city

Brentwood

HQ country

United States

HQ region

North America

Offices15 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Office Space Rental: Therapy Space subleases fully furnished office space to licensed mental health professionals on flexible terms ranging from day rentals to month-to-month and longer commitments. Therapists pay a flat monthly rate and keep 100% of their client revenue.
2. Membership Programs: Month-to-month membership programs (Basic at $125/month and Pro at $195/month) providing professional mailing address, Connect profile, client check-in tools, and booking credits for furnished office access.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Therapy Space subleases fully furnished, move-in-ready, HIPAA-compliant office space to licensed mental health professionals on flexible terms ranging from single-day rentals to month-to-month memberships and longer commitments. Each office includes professional furniture, high-speed WiFi, printing, supplies, coffee and tea, janitorial services, and a virtual iPad receptionist that notifies clinicians via SMS when clients arrive. The company also operates a public clinician directory (Connect by Therapy Space) and two subscription membership tiers (Basic at $125/month and Pro at $195/month) bundled with professional mailing addresses and booking credits.

Product overview

Therapy Space is a unified offering built around turn-key, move-in-ready office space for licensed mental health professionals, supplemented by a member-facing digital directory and administrative tooling. The core product is the office space rental (available day-pass, monthly, or subscription memberships), which includes furnished offices, WiFi, printing, supplies, and a virtual iPad receptionist with SMS client check-in notifications. A companion platform, Connect by Therapy Space (connect.therapyspace.org), provides a public therapist directory that allows prospective clients to discover and contact in-network clinicians. The two membership tiers — Basic and Pro — gate access to the directory listing, booking credits, and office access eligibility.

Differentiator

Problem solved

Functional benefit

Brands

• Connect: Public clinician directory platform helping clients find licensed mental health professionals at Therapy Space locations.

Products and services

• Therapy Office Space Rental Move-in-ready, fully furnished, HIPAA-compliant office space subleased to licensed mental health professionals on flexible day-pass, month-to-month, or longer-term lease terms across 17+ locations in seven metro regions. Each office comes with high-speed WiFi, printing, office supplies, coffee and tea, janitorial services, and access to a virtual iPad receptionist with SMS client check-in notifications.
• Connect by Therapy Space (Clinician Directory) Public online directory hosted at connect.therapyspace.org that helps prospective clients discover and contact licensed mental health professionals practicing at Therapy Space offices, with specialty filtering, credential display, and free member listings, and HIPAA-compliant contact-form email transmission via Paubox.

Quantifiable outcome

• Therapists keep 100% of revenue vs 30-50% at group practices

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• IWG (Regus): Parent company of Regus, Spaces, and HQ — the world's largest flexible workspace provider. Competes with Therapy Space at the upper end of the office rental market with massive geographic and capital advantages.
• Serendipity Labs: Premium coworking and flexible office operator with locations across the US. Targets professionals and small teams with furnished, amenitized office suites — a comparable product to Therapy Space though without mental-health vertical focus.
• Office Evolution: US franchised coworking and office rental operator with suburban and secondary-market locations. Comparable in offering furnished, flexible offices to small professional practices, including therapists.
• WeWork: Global coworking leader with hundreds of locations offering flexible office rentals. While not specifically targeted at mental health professionals, WeWork is the dominant broad coworking incumbent that Therapy Space's vertical model implicitly competes against.
• Industrious: Premium flexible office and coworking operator with a national footprint. Comparable in providing turnkey office space on flexible terms, though without the mental-health-specialized positioning or HIPAA infrastructure Therapy Space emphasizes.

Direct peers

• Office Space for Therapists: A direct niche competitor offering furnished, HIPAA-ready office space to mental health professionals across multiple US markets with flexible lease terms. Operates the same subleasing-plus-membership model as Therapy Space.
• Hudson Executive Offices: Long-standing operator of executive office suites serving therapists, attorneys, and other professionals with furnished offices and shared infrastructure. Overlaps with Therapy Space on flexible, fully serviced mental-health-friendly office rentals.

Regional players

• Therapy Office Space NYC: Regional peer offering furnished therapy office rentals in the New York metro. Comparable product offering (furnished, compliant space) but limited to a single geography where Therapy Space does not operate.

Emerging players

• Alma: Mental health practice platform that helps therapists accept insurance, find clients, and run their practices. While primarily a software platform rather than office operator, Alma addresses overlapping pain points for the same therapist customer segment.
• Grow Therapy: Therapist enablement platform providing insurance billing, client matching, and practice management tools. Adjacent to Therapy Space as it serves the same independent mental health professional customer base with complementary (non-real-estate) services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/MentalHealthOffices
• LinkedInlinkedin.com/company/therapy-office-space
• Instagraminstagram.com/therapy.space

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 Therapy Space