Mental Healthcare 3.0 | Union Square Ventures

Mental health 3.0 will be interactive, adaptive, and buttery — more like Duolingo or Peloton than a MOOC or Rosetta Stone.

However, online therapy platforms still cost around $150-$300/month and are unaffordable for most US households. While the 2.0 wave of companies expanded access by lowering geographic boundaries to care, it didn’t fundamentally change the product itself in a way that inherently lowered cost.

In a similar vein, mental health 2.0 companies re-built the traditional models of care — provider directories and marketplaces — in a digital way. Headspace, Meditopia and Calm expanded how and when one could practice meditation and mindfulness and built massive businesses. On-demand therapy platforms Talkspace and BetterHelp allowed patients to vi... See more