
Terapify
App that allows people to get emotional support whenever they need it.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor | €0.0 | round |
investor investor | €0.0 | round | |
investor investor | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | Seed | ||
Total Funding | 000k |
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 |
% growth | - | 494 % | 482 % | 31 % |
EBITDA | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Terapify operates as an online platform dedicated to mental health services, connecting individuals with qualified psychologists through a secure and private digital environment. The company was co-founded in 2016 by Jean-Christophe Trentinella and Eduardo Velez. Trentinella, with a background in digital business and marketing, and Velez, an engineer, were motivated by their personal experiences and the clear need for more accessible mental healthcare in Latin America, a region where seeking psychological help often carries a stigma.
The business primarily targets the Spanish-speaking population, offering a comprehensive solution for emotional well-being. Its service portfolio includes individual therapy sessions, couples therapy, and specialized psychological guidance, all conducted via video calls. This model provides a convenient and confidential alternative to traditional in-person therapy. Terapify generates revenue through a direct-to-consumer model where users pay for therapy sessions, and also through a B2B offering, Terapify 360, which provides mental health benefits to corporate employees. This corporate wellness program gives businesses a tool to support their workforce's mental health, a growing area of focus for employers.
The platform's core offering is its network of licensed psychologists, who are rigorously vetted to ensure quality and professionalism. Users can browse therapist profiles, which include details about their specializations, experience, and approach, allowing them to select a professional who best fits their individual needs. A key milestone for the company was its participation in the prestigious Y Combinator accelerator program during the Winter 2021 batch, which provided significant validation and funding to scale its operations across Latin America.
Keywords: mental health, online therapy, telepsychology, corporate wellness, psychology platform, Latin America, B2B mental health, emotional well-being, Y Combinator, telemental health