Biotech & Health

Therify hopes to build a more diverse and inclusive therapist network with $1.3M seed round

Comment

Online psychotherapy concept, sad young girl in depression
Image Credits: Alisa Zahoruiko / Getty Images

Finding the right therapist is never an easy task, but it gets even harder when, as a person of color or someone with disabilities, there are few or no people sharing your experience available. Therify hopes to change that with a network of providers from and catering to marginalized populations.

“It just makes a ton of sense,” co-founder James Edward Murray told me. I felt the same way after seeing Murray pitch his company during Y Combinator’s Summer 2021 demo day. The problem is super simple: Not everyone can find therapists they feel comfortable with, since the process of finding one isn’t particularly convenient to begin with, and when you add in some important personal preferences, it can be nigh impossible.

Murray, who is Black, said his instinct in looking for a therapist was to find a Black woman, like those who raised him and with whom he feels comfortable and vulnerable. But after accounting for other factors, like timing, availability and therapeutic approach, he ended up with only a handful of options. It didn’t feel right to him that there should be so few people that shared his background available to him through the system he was working in.

“I talked with other people, co-workers of color, co-workers with disabilities … it became clear that there was a gap here,” he said — and he immediately got to work on filling it. “I didn’t originally want to start a business — I just had a Google form and was matching people, over a hundred, with culturally sensitive therapists. My company came to me and said, hey, can we build this into our benefits?

“That was when I thought, ‘hmmm … ‘ this has value.”

Murray teamed up with CTO Warren Sadler, who worked in machine learning in the health sector, after “begging” him to start the company together.

Our favorite startups from YC’s Summer 21 Demo Day, Part 2

Therify essentially aggregates the supply of providers, usually those with large group practices and who belong to or specialize in working with people who might find it hard to find a therapist like themselves.

“When I started the company, because I’m Black, I wanted to serve my community, but as I started the work I saw that the opportunity is so much broader than that,” Murray said. “So we focused on anyone who feels underrepresented. It’s not just Black and Latinx employees, it’s Asian employees, it’s LGBTQ+ employees, veteran employees, everyone with marginalized identities.”

“So someone can log into Therify and say they focus on anxiety and CBT in LA and are South Asian and understand the South Asian family experience,” he explained. “They understand your identity and particular experience — without that piece, it’s incomplete.”

Screenshot of Therify's sign-up page describing the service.
Image Credits: Therify

Therify works with employee-provided benefits as a layer in between the users or members and covered providers, connecting people with specific needs or wants to therapists who can provide that. They also cover the first few sessions to ease the process of matching and provide additional group formats to overcome obstacles felt particularly by some groups.

“Therapy is stigmatized in some communities,” Murray pointed out. “A group-oriented format you can join anonymously, focused on overcoming imposter syndrome at work or dealing with race-related trauma … it works in favor of people with marginalized communities who are super impacted by that stigma. It provides an alternative to actually going into a room for a one on one.”

Co-founders James Edward Murray (center) and Warren Sadler (right) with first employee Jessie Wooten (left). Image Credits: Therify

Therify signed up hundreds of providers in the first six months, partly due to the company’s modern payment stack — therapists and other providers often have to wait weeks or months for payments, and as Murray pointed out many in marginalized communities work on a sliding scale as well, but Therify guarantees market rate and direct deposit.

Of course the huge digital shift in the therapy industry has helped make this possible. But companies are also realizing that this kind of benefit is an important aspect of diversity, equity, and inclusion efforts, which helps with buy-in.

“Mental health is a DEI problem: Employees from underrepresented backgrounds are more likely to leave their jobs, to report mental health symptoms, to report work-related mental health issues. It’s a leaky bucket,” Murray explained. “Companies are putting all this effort into DEI but not building the infrastructure needed not just to attract but to keep a diverse group of employees. I experienced this myself at Facebook, and I’m not the only one.”

The $1.3 million seed round is led by SoftBank’s SB Opportunity Fund, Looking Glass Capital, Y Combinator of course, Flexport, True Culture Fund and K5 Global, plus a raft of individual investors including former Reddit CEO Ellen Pao.

Murray said the money will power the buildout of Therify’s provider network and sales channels. In addition, the 18-month plan involves moving into Canada, Europe and Southeast Asia. That naturally involves a lot of legal and compliance work, but fortunately the product itself will translate fairly easily. Video call therapy has gone from niche to default and systems to support it are widely available — good news for a company hoping to scale globally.

As the company grows and serves more populations the hope is it will also serve those populations better. The more providers and customers join the system, the more easily and accurately it can match them together. Everybody should be able to get the kind of mental health treatment they deserve, and this is a step in the right direction to make sure that’s not just possible but easy and simple for all involved.

More TechCrunch

Avendus, the top investment bank for venture deals in India, confirmed on Wednesday it is looking to raise up to $350 million for its new private equity fund.  The new…

Avendus, India’s top venture advisor, confirms it’s looking to raise a $350 million fund

China has closed a third state-backed investment fund to bolster its semiconductor industry and reduce reliance on other nations, both for using and for manufacturing wafers — prioritizing what is…

China’s $47B semiconductor fund puts chip sovereignty front and center

Apple’s annual list of what it considers the best and most innovative software available on its platform is turning its attention to the little guy.

Apple’s Design Awards nominees highlight indies and startups, largely ignore AI (except for Arc)

The spyware maker’s founder, Bryan Fleming, said pcTattletale is “out of business and completely done,” following a data breach.

Spyware maker pcTattletale says it’s ‘out of business’ and shuts down after data breach

AI models are always surprising us, not just in what they can do, but what they can’t, and why. An interesting new behavior is both superficial and revealing about these…

AI models have favorite numbers, because they think they’re people

On Friday, Pal Kovacs was listening to the long-awaited new album from rock and metal giants Bring Me The Horizon when he noticed a strange sound at the end of…

Rock band’s hidden hacking-themed website gets hacked

Jan Leike, a leading AI researcher who earlier this month resigned from OpenAI before publicly criticizing the company’s approach to AI safety, has joined OpenAI rival Anthropic to lead a…

Anthropic hires former OpenAI safety lead to head up new team

Welcome to TechCrunch Fintech! This week, we’re looking at the long-term implications of Synapse’s bankruptcy on the fintech sector, Majority’s impressive ARR milestone, and more!  To get a roundup of…

The demise of BaaS fintech Synapse could derail the funding prospects for other startups in the space

YouTube’s free Playables don’t directly challenge the app store model or break Apple’s rules. However, they do compete with the App Store’s free games.

YouTube’s free games catalog ‘Playables’ rolls out to all users

Featured Article

A comprehensive list of 2024 tech layoffs

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized…

10 hours ago
A comprehensive list of 2024 tech layoffs

OpenAI has formed a new committee to oversee “critical” safety and security decisions related to the company’s projects and operations. But, in a move that’s sure to raise the ire…

OpenAI’s new safety committee is made up of all insiders

Time is running out for tech enthusiasts and entrepreneurs to secure their early-bird tickets for TechCrunch Disrupt 2024! With only four days left until the May 31 deadline, now is…

Early bird gets the savings — 4 days left for Disrupt sale

AI may not be up to the task of replacing Google Search just yet, but it can be useful in more specific contexts — including handling the drudgery that comes…

Skej’s AI meeting scheduling assistant works like adding an EA to your email

Faircado has built a browser extension that suggests pre-owned alternatives for ecommerce listings.

Faircado raises $3M to nudge people to buy pre-owned goods

Tumblr, the blogging site acquired twice, is launching its “Communities” feature in open beta, the Tumblr Labs division has announced. The feature offers a dedicated space for users to connect…

Tumblr launches its semi-private Communities in open beta

Remittances from workers in the U.S. to their families and friends in Latin America amounted to $155 billion in 2023. With such a huge opportunity, banks, money transfer companies, retailers,…

Félix Pago raises $15.5 million to help Latino workers send money home via WhatsApp

Google said today it’s adding new AI-powered features such as a writing assistant and a wallpaper creator and providing easy access to Gemini chatbot to its Chromebook Plus line of…

Google adds AI-powered features to Chromebook

The dynamic duo behind the Grammy Award–winning music group the Chainsmokers, Alex Pall and Drew Taggart, are set to bring their entrepreneurial expertise to TechCrunch Disrupt 2024. Known for their…

The Chainsmokers light up Disrupt 2024

The deal will give LumApps a big nest egg to make acquisitions and scale its business.

LumApps, the French ‘intranet super app,’ sells majority stake to Bridgepoint in a $650M deal

Featured Article

More neobanks are becoming mobile networks — and Nubank wants a piece of the action

Nubank is taking its first tentative steps into the mobile network realm, as the NYSE-traded Brazilian neobank rolls out an eSIM (embedded SIM) service for travelers. The service will give customers access to 10GB of free roaming internet in more than 40 countries without having to switch out their own existing physical SIM card or…

18 hours ago
More neobanks are becoming mobile networks — and Nubank wants a piece of the action

Infra.Market, an Indian startup that helps construction and real estate firms procure materials, has raised $50M from MARS Unicorn Fund.

MARS doubles down on India’s Infra.Market with new $50M investment

Small operations can lose customers by not offering financing, something the Berlin-based startup wants to change.

Cloover wants to speed solar adoption by helping installers finance new sales

India’s Adani Group is in discussions to venture into digital payments and e-commerce, according to a report.

Adani looks to battle Reliance, Walmart in India’s e-commerce, payments race, report says

Ledger, a French startup mostly known for its secure crypto hardware wallets, has started shipping new wallets nearly 18 months after announcing the latest Ledger Stax devices. The updated wallet…

Ledger starts shipping its high-end hardware crypto wallet

A data protection taskforce that’s spent over a year considering how the European Union’s data protection rulebook applies to OpenAI’s viral chatbot, ChatGPT, reported preliminary conclusions Friday. The top-line takeaway…

EU’s ChatGPT taskforce offers first look at detangling the AI chatbot’s privacy compliance

Here’s a shoutout to LatAm early-stage startup founders! We want YOU to apply for the Startup Battlefield 200 at TechCrunch Disrupt 2024. But you’d better hurry — time is running…

LatAm startups: Apply to Startup Battlefield 200

The countdown to early-bird savings for TechCrunch Disrupt, taking place October 28–30 in San Francisco, continues. You have just five days left to save up to $800 on the price…

5 days left to get your early-bird Disrupt passes

Venture investment into Spanish startups also held up quite well, with €2.2 billion raised across some 850 funding rounds.

Spanish startups reached €100 billion in aggregate value last year

Featured Article

Onyx Motorbikes was in trouble — and then its 37-year-old owner died

James Khatiblou, the owner and CEO of Onyx Motorbikes, was watching his e-bike startup fall apart.  Onyx was being evicted from its warehouse in El Segundo, near Los Angeles. The company’s unpaid bills were stacking up. Its chief operating officer had abruptly resigned. A shipment of around 100 CTY2 dirt bikes from Chinese supplier Suzhou…

1 day ago
Onyx Motorbikes was in trouble — and then its 37-year-old owner died

Featured Article

Iyo thinks its GenAI earbuds can succeed where Humane and Rabbit stumbled

Iyo represents a third form factor in the push to deliver standalone generative AI devices: Bluetooth earbuds.

1 day ago
Iyo thinks its GenAI earbuds can succeed where Humane and Rabbit stumbled