Therap BD
Therap (BD) Ltd., founded 2004 and registered in Bangladesh with US operations, provides a SaaS platform for documentation, reporting, and Electronic Visit Verification to 7,000+ government agencies and private providers serving people with intellectual and developmental disabilities.
- Company typePrivate
- Founded2004
- HeadquartersDhaka, Bangladesh
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Therap BD does
Therap (BD) Ltd., founded in 2004 and self-described as a US-based software company registered in Bangladesh, provides a SaaS platform for documentation, reporting, communication, and compliance management to government agencies and private organizations serving people with intellectual and developmental disabilities. The company reports serving 7,000+ customers globally, with primary vertical segmentation targeting US state Health & Human Services agencies (for Medicaid documentation and state-specific Electronic Visit Verification in Alaska, Delaware, Nebraska, North Dakota, and South Dakota) and private disability service provider agencies. The platform includes a Secure Login Portal at secure.therapservices.net, in-person training, and live help services, and is protected by 22 US patents covering disability services documentation technology. The company holds no disclosed funding rounds, is privately held, and operates a distributed entity structure with Therap USA and Therap Canada affiliate offices plus a Therap Global coordination entity alongside its Dhaka headquarters.
The platform is built on Java/Java EE, web-development frameworks, and Oracle database systems with multi-node clustering, replication, and automated backup/recovery. Identity and access run through Azure AD with cloud and physical hosting environments. A dedicated Machine Learning team works across computer vision, natural language processing, and data analysis using PyTorch, TensorFlow, AWS infrastructure, and NVIDIA Jetson with IoT sensors, while the Customer Experience Strategy & Analytics function uses Salesforce, Google Analytics 4, Looker Studio, and Google's Gemini for automated messaging and data-driven customer interactions. The InfoSec Compliance team manages regulatory and security requirements for sensitive disability and healthcare data. Mobile delivery is supported through dedicated Android and iOS application teams, and design is handled by an in-house accessibility-focused UI/UX team.
Therap generates revenue through subscription-based SaaS licensing to disability service provider agencies and government entities, primarily via enterprise field sales. No public pricing tiers or ARR figures are disclosed. Distribution is direct-to-customer through enterprise sales with regional affiliate support in the USA and Canada; marketing relies on organic channels (Facebook, LinkedIn, YouTube), SEO, and the corporate website. The company employs 300+ professionals across 14+ specialized departments including Software Development, QA, Database Administration, Machine Learning, System Operations, DevOps, IT Operations, Training and Content, Mobile, Strategic Marketing & Analytics, CXSA, Therap Global, and Design and Usability, indicating a mature operating model for a vertical SaaS business.
Therap BD firmographics
Firmographics- Name
- Therap BD
- Legal name
- Therap (BD) Ltd.
- Website
- https://therapbd.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Therap (BD) Ltd., founded 2004 and registered in Bangladesh with US operations, provides a SaaS platform for documentation, reporting, and Electronic Visit Verification to 7,000+ government agencies and private providers serving people with intellectual and developmental disabilities.
- Ownership category
- akta.pro rank
Therap BD industry classification
Industry- Product category
- Disability Services Software
- NAICS
- Custom Computer Programming Services (541511), Services for the Elderly and Persons with Disabilities (624120)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Healthcare Provider ERP (Hospital Operations, Supply Chain, Finance) (HDAEAEAH)
- akta.pro secondary industries
- Public Sector & Government ERP (HDAEAEAG), Assistive Technology (AT) & AAC Services (EDAJAKAF)
Keywords
Where Therap BD is headquartered
LocationHeadquarters
- HQ city
- Dhaka
- HQ country
- Bangladesh
- HQ region
- Asia
Offices3 records
Markets served
Therap BD business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- SaaS Subscriptions: Therap provides Software as a Service (SaaS) to government and private organizations globally that serve people with intellectual and developmental disabilities. Revenue is generated through subscription-based software licensing to disability service provider agencies.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
Therap BD product offering
Product offeringCore offering
Therap (BD) Ltd. develops and delivers a Software as a Service (SaaS) platform that provides integrated documentation, reporting, communication, and Electronic Visit Verification (EVV) capabilities for government and private organizations serving people with intellectual and developmental disabilities. The platform supports Medicaid documentation, LTSS reporting, and service provider management, with state-specific EVV implementations for Alaska, Delaware, Nebraska, North Dakota, and South Dakota.
Product overview
Therap BD provides a unified SaaS platform for disability services documentation and management. The core Therap Platform serves government and private organizations providing support to people with intellectual and developmental disabilities. State-specific Electronic Visit Verification (EVV) Solutions are offered as add-on modules for states including Alaska, Delaware, Nebraska, North Dakota, and South Dakota. The platform integrates documentation, reporting, communication, live help, and in-person training services into a cohesive system.
Differentiator
Problem solved
Functional benefit
Products and services
- Therap Platform A SaaS platform providing integrated software solutions for government and private organizations serving people with intellectual and developmental disabilities. Includes documentation, reporting, communication, live help, and in-person training features.
- Electronic Visit Verification (EVV) Solutions State-specific EVV solutions implemented for Alaska, Delaware, Nebraska, North Dakota, and South Dakota, designed to verify service delivery for long-term services and supports programs and Medicaid documentation.
Quantifiable outcome
- Serving 7,000+ government and private disability service organizations globally
- +1 more outcomes
Companies that use Therap BD
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Therap BD technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
AI capability9 records
Feature6 records
Therap BD partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights5 records
Therap BD competitors and assessment
Company assessmentDirect peers
- HHAeXchange: Home-care platform with strong EVV and billing capabilities for Medicaid waiver programs. Comparable because it sells into the same HCBS/Medicaid-funded provider agencies as Therap.
- Therap Services: The US-facing Therap brand (therapservices.net) is the customer-facing identity of the same platform Therap BD builds. Comparable because it is effectively the same SaaS product, used here to anchor Therap BD in the IDD/HCBS documentation market it already dominates.
- Sandata Technologies: Leading EVV vendor used by state Medicaid programs. Comparable because Sandata wins state-level EVV contracts in many of the same states where Therap deploys its EVV module.
- DATIS HRM / TruPay: Human services platform combining workforce management, EVV, and HR for IDD/behavioral-health providers. Comparable because it sells into the same provider agencies with overlapping EVV and documentation capability.
- MediSked: IDD-specific EHR and care-management platform for home and community-based providers. Comparable because it targets the same IDD provider agencies with documentation, EVV, and HCBS compliance tooling.
- Tellus (EVV): IDD-focused electronic visit verification and provider platform. Comparable because it is purpose-built for the same IDD/HCBS market and is gaining state EVV contracts.
Emerging players
- CareCentric: Specialty software for IDD and behavioral-health providers, including EVV and case management. Comparable as a niche competitor chasing similar state and provider documentation mandates.
Broad incumbents
- WellSky: WellSky acquired ClearCare/Personal Touch to build a HCBS/home-care suite. Comparable because it bundles EVV, scheduling, and documentation for HCBS providers — directly overlapping Therap's functional scope across states.
- ContinuumCloud: Human services suite (SmartCare, CoreFHIR) for behavioral health and IDD agencies. Comparable because it markets an integrated EHR + billing platform to the same HCBS provider customer base.
- Netsmart Technologies: Large healthcare-IT vendor with a dedicated human services/IDD EHR suite (myEvolv). Comparable because it competes for state and provider documentation contracts in the same IDD/HCBS vertical with much broader portfolio scale.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Therap BD social profiles
Digital presenceTherap BD financial estimates
Financial estimateRevenue estimate
Valuation estimate
Therap BD leadership team
Management profileNumber of profiles
Therap BD subsidiaries and ownership
Company hierarchySubsidiaries3 records
Therap BD funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Therap BD 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 Therap BD
What does Therap BD do?
Therap (BD) Ltd. develops and delivers a Software as a Service (SaaS) platform that provides integrated documentation, reporting, communication, and Electronic Visit Verification (EVV) capabilities for government and private organizations serving people with intellectual and developmental disabilities. The platform supports Medicaid documentation, LTSS reporting, and service provider management, with state-specific EVV implementations for Alaska, Delaware, Nebraska, North Dakota, and South Dakota.
Is Therap BD a public or private company?
Therap BD is a private company. It is classified as unknown and is currently operating.
When was Therap BD founded?
Therap BD was founded in 2004. It employs 101 to 250 people.
Where is Therap BD based?
Therap BD is headquartered in Dhaka, Bangladesh, in the Asia region.
How does Therap BD make money?
One revenue line is on record: saaS Subscriptions.
Who are Therap BD's main competitors?
Direct peers on record are HHAeXchange, Therap Services, Sandata Technologies, DATIS HRM / TruPay, MediSked and Tellus (EVV). CareCentric is listed as an emerging player. Broad incumbents are WellSky, ContinuumCloud and Netsmart Technologies.
Does Therap BD have an API?
No public API is recorded for Therap BD.
What industry is Therap BD in?
Therap BD's product category is Disability Services Software. Its primary akta.pro industry code is HDAEAEAH, Healthcare Provider ERP (Hospital Operations, Supply Chain, Finance), with a secondary code of HDAEAEAG, Public Sector & Government ERP. Its NAICS code is 541511 and its SIC code is 7372.