Better Help Company was founded in 2011 by Alon Matas and Danny Bragonier, two friends who recognized the need for accessible and affordable mental health services. They launched the company with a mission to make professional counseling available to anyone, anytime, and from anywhere. Starting as a small startup, Better Help quickly gained traction by leveraging technology to connect licensed therapists with clients via a user-friendly online platform.

The company’s innovative approach to mental health care resonated with a wide audience, leading to rapid growth and widespread recognition. By 2017, Better Help had become one of the largest online therapy platforms in the world, with a network of over 12,000 licensed therapists and counselors. The company’s success can be attributed to its commitment to providing high-quality, convenient, and affordable mental health services, as well as its dedication to breaking down barriers and stigma associated with seeking help.

BetterHelp’s Current Net Worth (2025)

As of 2025, BetterHelp’s current net worth is estimated to be around $2 billion, according to the latest available information. This significant valuation reflects the company’s growth and success in the online therapy industry.

BetterHelp’s Career

Founded in 2012, BetterHelp pioneered the online therapy platform, connecting individuals with licensed therapists via video, phone, or chat. With a user-friendly interface and affordable pricing, BetterHelp has expanded its services globally, becoming a leading name in mental health care.

Other Ventures

BetterHelp’s parent company, Better Holdings Inc., has since launched other mental health platforms, including BetterHelp for Business, catering to employee mental health, and BetterHelp for Teens, designed specifically for adolescents.

Assets

BetterHelp’s primary assets include its robust technology platform, a vast network of licensed therapists, and a strong brand recognized for accessibility and quality mental health services. The company also holds valuable intellectual property, including patents and trademarks.

Annual Income

BetterHelp’s annual income has seen steady growth. In 2021, the company reported revenues of over $250 million, reflecting an increase of approximately 50% from the previous year. This growth is attributed to the increasing demand for online mental health services and BetterHelp’s expanding user base.

Frequently Asked Questions about  Better Help Company

Frequently Asked Questions: Better Help Company Net Worth

1. What is BetterHelp?

BetterHelp is an online therapy platform that connects users with licensed therapists via video, phone, or chat sessions. It was founded in 2013 and is headquartered in San Francisco, California.

2. How does BetterHelp work?

BetterHelp matches users with therapists based on their preferences and needs. Users can communicate with their therapists via a secure, user-friendly platform, allowing for flexible and convenient mental health support.

3. What are the qualifications of BetterHelp therapists?

BetterHelp therapists are licensed and credentialed mental health professionals who have been vetted by the platform. They include psychologists, marriage and family therapists, clinical social workers, and counselors.

4. Is BetterHelp covered by insurance?

BetterHelp may be covered by some insurance plans, but it is not typically covered by default. Users are encouraged to check with their insurance provider to confirm coverage and any applicable out-of-network benefits.

5. What is the cost of BetterHelp?

BetterHelp offers several subscription plans, with pricing starting at $60 per week for unlimited messaging with a therapist, and $70 per week for one live session per week. They also offer a free week of service to new users.

6. What is the BetterHelp net worth?

The latest estimated net worth of BetterHelp is $1.5 billion.

7. Who are the founders of BetterHelp?

BetterHelp was founded by Alon Matas and Danny Bragonier in 2013.

8. How has BetterHelp grown since its founding?

Since its founding, BetterHelp has grown to become one of the largest online therapy platforms, with over 2 million users and over 20,000 therapists worldwide.

9. What are some of the challenges faced by BetterHelp?

BetterHelp has faced criticism and legal challenges related to its business model, including concerns about the quality of care provided and the lack of in-person therapy options. The company has also faced lawsuits alleging that it does not adequately protect user data.

10. What is the future of BetterHelp?

The future of BetterHelp is focused on continued growth and expansion, including the development of new features and services to better support its users. The company has also expressed a commitment to improving the quality of its services and addressing the concerns of its critics.