Therap BD

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.

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

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

• Disability services software
• Electronic visit verification
• Case management software
• Medicaid documentation
• Social services SaaS

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. 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

Core 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

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability9 records

Feature6 records

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct 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

• YouTubeyoutube.com/channel/UC1e_GxdTsQPj9uSNWF8-bRQ
• Facebookfacebook.com/TherapBD
• LinkedInlinkedin.com/company/therapbd

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 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 Therap BD