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Octave

Health Tech & Medtech · San Francisco, United States · Founded 2018

Support your emotional well-being through individual, couples, or family therapy, led by an expert provider who's focused on your needs MoreLess

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.

Keywords: Mental Health, Therapy, Personalized Care, Couples Therapy, Family Therapy, Evidence-Based, Healthcare Sector, Insurance Billing, Depression Treatment, In-Network Provider.

Company overview

Octave company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2018
Headquarters
San Francisco, United States
Employees
628
Open positions
21
Dealroom signal
84.8
client focusb2csub industryHealth PlatformindustryHealthindustryWellness BeautysectorMental HealthsectorSustainable Development GoalssectorHard Tech

Valuation & funding

Octave funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing Feb 2024 $5M $260M Undisclosed
SERIES COther financing May 2023 $52M $208M Greycroft Partners · Felicis · Novo Holdings · Avidity Partners
SERIES BOther financing May 2021 $20M $80M Greycroft Partners · Cigna Ventures · Felicis · Obvious Ventures
SERIES BOther financing Nov 2020 $20M $80M Greycroft Partners · Felicis · Obvious Ventures · Health Velocity Capital
SERIES AOther financing Oct 2019 $11M $44M Obvious Ventures · Greycroft Partners
SERIES AOther financing May 2019 Greycroft Partners · Company Ventures · Obvious Ventures
GRANTOther financing Jan 2019 Undisclosed
SEEDOther financing Aug 2018 Felicis
SEEDOther financing Apr 2018 Felicis
Showing 9 recorded eventsUnlock the complete deal history →

Growth signals

Octave website traffic

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.

Latest monthly visits390K 3-month web change-7.1% 1-year team growth+7%
Monthly website visits90 observations · Dec 2018–Jul 2026
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Comparisons

Octave compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

Showing 8 of the closest matchesCompare every metric →

Talent graph

Octave's talent

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Team profiled 17 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

9 investors on Octave's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 1 investor entered at this stage
Series A 6 investors entered at this stage
Greycroft Partners
Company Ventures
Obvious Ventures
Health Velocity Capital
Cherubic
Cigna Ventures
Series B+ 2 investors entered at this stage
Novo Holdings
Avidity Partners

Global footprint

Where Octave has talent and traffic

Workforce by country
3 countries with
team presence
🇺🇸 United States99.5%
🇮🇳 India0.3%
🇵🇭 Philippines0.3%
3 countries shown

In the news

Latest news about Octave

Recent press, funding announcements, and product moves mentioning Octave — open to read from the original sources.

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Market sentiment

What the market is saying about Octave

An AI-synthesized read of the highest-engagement posts about Octave on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

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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