Valera Health

Valera is a B2B telepsychiatry platform that offers personalized digital mental health services using a team-based care approach that gives patients access to a care team consisting of in-network health coaches, therapists, counselors, social workers, nurse practitioners, and psychiatrists. Valera matches patients with an appropriate therapist after an initial consultation with a health coach and the patient’s care team creates a treatment plan. 

The company’s services include therapy, meditation, and medication for a range of mental health conditions from mild depression to severe schizophrenia. The company caters to members of insurance companies and employers with a mobile app that provides patients with access to their care team, video consultations, and a library of wellness and meditation programs. Valera claims that its treatment has led to depression improvement rates of more than 80%.

Key customers and partnerships

Valera Health has established partnerships with numerous health plans and healthcare systems, including Cigna, Humana, Blue Cross and Blue Shield of Vermont, and Point32Health. As of July 2023, the company's services were available to over 60 million lives across 10 states. 

In September 2023, the company partnered with BetterMynd to provide mental health services to college campuses across the US.