Headway operates a two-sided mental healthcare platform that connects patients with therapists and simplifies insurance-based payment. On the provider side, the company offers practice management software used by over 60,000 mental healthcare providers across all 50 U.S. states. On the patient side, Headway has built a therapist-matching and insurance-payment platform that has served over 1 million patients seeking affordable care.
The company addresses structural barriers in mental healthcare access. A majority of therapists do not accept insurance, leaving patients to pay out-of-pocket despite having coverage. Headway's technology streamlines insurance billing for providers while making it straightforward for patients to find therapists who accept their plan and understand their costs upfront. The platform operates nationally across the United States.
Founded in 2019, Headway has raised over $325 million in Series D funding. The company builds infrastructure for a market in which roughly one in four Americans have a treatable mental health condition but face affordability and access barriers to care.