Octave is a behavioral health practice that delivers high-quality, affordable therapy services through in-person clinics and virtual care. Founded in 2018 by Sandeep Acharya, a former healthcare executive at One Medical, Octave has rapidly grown to serve 33 million customers across seven states.The company offers personalized treatment plans, including individual, couples, and family therapy, while partnering with major national payers like Anthem, Aetna, and UnitedHealthcare.
Today, the company has a network of over 1,000 therapists and has demonstrated strong clinical results, including a 37% reduction in depression symptoms over 12 weeks and patient attrition rates less than half the industry average. With $86 million in total funding, including a recent $52 million Series C round, Octave is on track for national expansion. The company plans to expand to additional regions this year and aims to serve all 50 states in 2024.
Joining Octave presents an opportunity to help improve behavioral healthcare at an established, well-capitalized startup. Effectively scaling its high-touch model while maintaining quality and affordability will be key to Octave's continued growth and impact in a crowded space.
2018
Founded
250-500
Employees
Series C
Stage
~$200M
Latest Valuation
$50-100M
Total Funding
Apr 17 2023
Last Fundraise
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