New York-based Real Therapy is a telepsychiatry platform providing on-demand virtual group therapy sessions for a range of topic-based mental health challenges. The topics covered include career anxiety, body image, relationships, sexuality, depression, and anger management for individuals who identify as female.
Founded in 2019, Real Therapy offers both in-person care and a digital platform for mental health patients. The sessions are accessible via desktop computers and mobile devices. The company’s main service offering, Therapy Pathways, consists of eight on-demand sessions that are personalized based on an individual’s mental health goals. Real Therapy’s membership is available for USD 34 per month and includes therapist-led events, progress tracking, and roundtable discussions.
Funding and financials
In April 2022, the company raised USD 37 million in a Series B funding round led by Owl Ventures. The company planned to use these funds to develop its platform, offer additional resources to users, onboard more therapists, and include more ‘Pathways’ (the therapist-based programs on mental health issues available on the platform). The funds were also earmarked to help maintain the platform’s low price point of USD 13 per month.
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