O
Octave
Support your emotional well-being through individual, couples, or family therapy, led by an expert provider who's focused on your needs
About Octave
Octave is a mental health startup that operates in the healthcare sector, providing individual, couples, and family therapy services. The company's primary clientele includes individuals seeking mental health support, couples seeking relationship counseling, and families in need of therapeutic services. Octave's business model is centered on providing personalized, evidence-based therapy that is tailored to the unique needs of each client.
The company differentiates itself by focusing on real human connection, matching clients with therapists who are not only experts in their field but also a good fit for the client's personality and needs. This approach is grounded in science, with Octave reporting a 37% reduction in depression symptoms over a 12-week period with their care.
Octave's revenue is generated through the provision of therapy services, which are billed directly to the client's insurance provider, as they are in-network with several insurance companies. This makes their services more accessible and affordable for many individuals who might otherwise struggle to find in-network mental health support.
In summary, Octave is a mental health startup that provides personalized, evidence-based therapy services to individuals, couples, and families. They operate in the healthcare sector, generating revenue through direct billing to insurance providers.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- San Francisco, United States
- Employees
- 628
- Open positions
- 21
- Dealroom signal
- 84.8/100
- Industry
- Health, Wellness Beauty
- Sub-industry
- Health Platform
- Sector
- Health Tech & Medtech, Mental Health, Sustainable Development Goals, Hard Tech
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Feb 2024 | $5M | $260M | Undisclosed | ↗ |
| SERIES COther financing | May 2023 | $52M | $208M | Greycroft Partners · Felicis · Novo Holdings · Avidity Partners | ↗ |
Growth signals
Latest recorded traffic for Octave is 390K monthly website visits, down 7.1% over the last three months. Octave's team grew 7% over the past year.
Open positions
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A6 investors entered at this stage
Greycroft Partners
Company Ventures
Obvious Ventures
Health Velocity Capital
Cherubic
Cigna Ventures
Series B and later2 investors entered at this stage
Novo Holdings
Avidity Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Octave on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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