The Wise Mind Institute

What The Wise Mind Institute does

The Wise Mind Institute is a private mental health care practice founded in 2015 and headquartered in Redwood City, California, operating across three California offices (Redwood City, Berkeley, San Diego). The institute delivers evidence-based psychotherapy services — including individual, couples, family, and group therapy — alongside specialized treatment programs in Dialectical Behavior Therapy (DBT), Radically Open DBT (RO-DBT), DBT for Adolescents (DBT-A), and Ketamine-Assisted Psychotherapy (KAP). It also offers Leadership Consulting for founders and senior executives, and runs clinical training and supervision programs for post-doctoral clinicians and associates.

The practice is co-founded by Dr. Wes Pederson (CEO) and Dr. Chris Harrison, and staffed by approximately 14 named clinicians (licensed psychologists, LMFTs, LCSWs, and supervised associates) plus administrative personnel. Technology stack is minimal: a Squarespace website, Asymmetrik online scheduling, and telehealth delivery for eligible clients. No proprietary software, AI tools, or digital health platform is disclosed.

The business model is private-pay and out-of-network with all insurance carriers including Medicare; the practice provides superbills for client reimbursement and may offer sliding scale rates based on clinician caseload. KAP operates as a separate higher-priced private-pay service line (approximately $1,050 per journey session plus $300/hour prep/integration). Revenue is generated per-session with no subscription or recurring contracts at the client level. Distribution is direct-to-consumer via website, online booking, free 20-minute consultations, and a newsletter funnel. No external funding, partnerships, or institutional investors are disclosed.

Name

The Wise Mind Institute

Legal name

The Wise Mind Institute

Website

https://thewisemindinstitute.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

The Wise Mind Institute is a California-based mental health practice offering evidence-based therapy (DBT, RO-DBT, KAP), couples and family therapy, leadership consulting for executives, and clinical training across offices in Redwood City, Berkeley, and San Diego.

Ownership category

akta.pro rank

Product category

Outpatient Mental Health Services

NAICS

Offices of Mental Health Practitioners (except Physicians) (62133), Outpatient Mental Health and Substance Abuse Centers (621420), Offices of Mental Health Practitioners (except Physicians) (621330)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

Outpatient Mental Health Clinics & Counseling Centers (HLAFACAA)

akta.pro secondary industries

General Mental Health Therapy Platforms (Talk Therapy) (HLALAEAA), Psychiatry & Medication Management Platforms (HLALAEAB), Couples & Family Therapy Teletherapy Platforms (HLALAEAG)

Keywords

• Dialectical behavior therapy
• Ketamine-assisted psychotherapy
• Outpatient mental health services
• Clinician supervision training
• Executive leadership consulting

Headquarters

HQ city

Redwood City

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Therapy Services Revenue: The organization operates primarily as a private-pay, out-of-network mental health practice. They accept clients who pay out-of-pocket and provide superbills for out-of-network insurance reimbursement. Sliding scale rates may be available depending on clinician caseload. KAP (Ketamine-Assisted Psychotherapy) is a separate private-pay service with distinct pricing.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

The Wise Mind Institute operates an outpatient mental health practice delivering evidence-based psychotherapy (individual, couples, family, group therapy, KAP, DBT, RO-DBT, DBT-A) to California clients across three clinic locations and via telehealth. It also sells executive leadership consulting and clinician training/supervision programs to professionals outside the direct client base.

Product overview

The Wise Mind Institute is a mental healthcare practice offering a comprehensive portfolio of therapy services and professional training programs. The core offerings include individual, couples, family, and group therapy services, complemented by specialized treatment programs including Dialectical Behavior Therapy (DBT), Radically Open DBT (RO-DBT), DBT for Adolescents (DBT-A), and Ketamine-Assisted Psychotherapy (KAP). The practice also provides leadership consulting for executives and professional development programs including DBT training and clinical supervision for post-doctoral interns and associates. The institute operates across three California locations (Redwood City, Berkeley, and San Diego) and serves clients throughout California.

Differentiator

Problem solved

Functional benefit

Products and services

• Individual Therapy

Named customers3 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• BetterHelp: BetterHelp operates one of the largest online individual, couples, and teen therapy marketplaces in the U.S. It is an incumbent adjacent competitor to WMI's telehealth therapy services but lacks WMI's specialty DBT/RO-DBT and KAP positioning.
• Lyra Health: Lyra Health provides employer-sponsored mental health care including therapy, coaching, and family services. It is comparable to WMI in delivering outpatient mental health services but at much broader enterprise scale across a national clinician network.
• Spring Health: Spring Health is an employer-sponsored mental health benefit platform offering therapy, coaching, and medication management. It overlaps with WMI's therapy services and leadership/executive consulting value proposition for enterprise clients.
• Talkspace: Talkspace is a large online therapy platform serving individuals, couples, and teens via a national clinician network. It competes with WMI's telehealth delivery of individual, couples, and adolescent therapy, though at a broader, more commodity positioning.

Direct peers

• Charlie Health: Charlie Health provides virtual intensive outpatient mental health programs for adolescents and young adults, overlapping with WMI's DBT-A program and adolescent emotional regulation services. Both offer structured, evidence-based outpatient behavioral health rather than general talk therapy.
• Brightside Health: Brightside Health is an online mental health provider combining therapy and medication management for anxiety and depression, comparable to WMI's blended therapy-plus-medication model through its KAP offering. Both target treatment-resistant and complex clinical cases on a virtual-first basis.
• Cerebral: Cerebral delivers combined therapy and medication management for anxiety, depression, and ADHD via telehealth. Its therapy-plus-medication model parallels WMI's integration of psychotherapy with KAP medication-supported treatment.
• Mindbloom: Mindbloom is a leading ketamine-assisted therapy provider operating across multiple states. It is the closest direct competitor to WMI's KAP offering, targeting similar treatment-resistant depression, anxiety, and trauma populations with at-home or clinic-based ketamine protocols.

Others

• Alma: Alma is a membership-based platform that helps independent therapists run insurance-credentialed private practices. It is an ecosystem enabler for clinicians similar to WMI's therapists, with adjacent positioning to private-pay outpatient therapy operations.

Emerging players

• Klarity Health: Klarity Health offers ketamine-assisted therapy and integrative mental health care with online booking. It is comparable to WMI's KAP service line and overall evidence-based therapy positioning, though at an earlier scale.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/WiseMindInst
• Facebookfacebook.com/thewisemindinstitute
• LinkedInlinkedin.com/company/the-wise-mind-institute

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

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 The Wise Mind Institute