We are a teletherapy company - www.StartTalking.iow Headline
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We offer behavioral health therapy www.StartTalking.io.
Start Talking is an established teletherapy company founded in 2017, providing behavioral health services through a strategic B2B model focused on Employee Assistance Programs and healthcare insurance providers. The company has built a stable revenue foundation through long-term contracts rather than one-time consumer transactions.
OPERATIONAL HIGHLIGHTS:
• 300+ licensed therapists operating across 45 states
• Conducting 1,300+ therapy sessions monthly
• 25 active EAP and insurance contracts
• Contract coverage ranging from 2.5 million to 100 million lives
• Home-based operations with minimal overhead structure
COMPETITIVE ADVANTAGES:
The B2B contract model creates predictable recurring revenue streams compared to direct-to-consumer competitors. Higher therapist compensation rates help attract and retain quality providers, while established corporate relationships provide stability and growth opportunities.
RECOGNITION & PARTNERSHIPS:
• Named 2022 "Top 50 Companies to Watch in Colorado"
• Selected for JumpStart Foundry 2022 Spring Cohort
• Received $150,000 SAFE Note investment
• Secured dedicated contracts with Charles Schwab World HQ (5,000 employees)
• Providing services to Covington Law Firm in San Francisco
GROWTH TRAJECTORY:
Expansion plans include reaching 450 therapists across all 50 states by end of 2025, with contract portfolio growing to 35 agreements. These initiatives are projected to generate an additional $900,000 in annual revenue, capitalizing on increasing demand for accessible mental health services.
FINANCIAL SUMMARY:
Asking Price: $3,000,000
Annual Revenue: $750,000
Established: 2017
Location: Colorado (Home-based)
The seller is retiring after building this successful platform and offers 6-18 months of transition support. This acquisition opportunity provides entry into the rapidly expanding telehealth sector with proven revenue streams, established infrastructure, and significant scalability potential.
OPERATIONAL HIGHLIGHTS:
• 300+ licensed therapists operating across 45 states
• Conducting 1,300+ therapy sessions monthly
• 25 active EAP and insurance contracts
• Contract coverage ranging from 2.5 million to 100 million lives
• Home-based operations with minimal overhead structure
COMPETITIVE ADVANTAGES:
The B2B contract model creates predictable recurring revenue streams compared to direct-to-consumer competitors. Higher therapist compensation rates help attract and retain quality providers, while established corporate relationships provide stability and growth opportunities.
RECOGNITION & PARTNERSHIPS:
• Named 2022 "Top 50 Companies to Watch in Colorado"
• Selected for JumpStart Foundry 2022 Spring Cohort
• Received $150,000 SAFE Note investment
• Secured dedicated contracts with Charles Schwab World HQ (5,000 employees)
• Providing services to Covington Law Firm in San Francisco
GROWTH TRAJECTORY:
Expansion plans include reaching 450 therapists across all 50 states by end of 2025, with contract portfolio growing to 35 agreements. These initiatives are projected to generate an additional $900,000 in annual revenue, capitalizing on increasing demand for accessible mental health services.
FINANCIAL SUMMARY:
Asking Price: $3,000,000
Annual Revenue: $750,000
Established: 2017
Location: Colorado (Home-based)
The seller is retiring after building this successful platform and offers 6-18 months of transition support. This acquisition opportunity provides entry into the rapidly expanding telehealth sector with proven revenue streams, established infrastructure, and significant scalability potential.
About the Business
- Years in Operation
- 9
- Employees
- 304 (1 Full-time, 3 Part-time, 300 Contractors)
- Currently Home Based
- Yes
- Facilities & Assets
- We offer behavioral health therapy www.StartTalking.io.
My company is Start Talking- www.StartTalking.io. We offer behavioral health therapy services to Employee Assistance Programs (EAP) clients for their employees using teletherapy.
With over 300 therapists located in 45 different states. Start Talking is currently generating a $1.3 million ARR. Doing 1,300 therapy sessions per month with 22 EAP and healthcare insurance contracts.
Notable Company Achievements to Date:
- Selected as 2022 “Top 50 Companies to Watch in Colorado”!
- One of Eighteen companies accepted into JumpStart Foundry 2022 Spring Cohort. Received $150,000 SAFE Note investment from JumpStart Foundry.
- Contracted to provide “Dedicated On-Site Mental Health Counseling” to Charles Schwab World HQ – 5,000 employees for Dallas location.
- Contracted to provide “Dedicated On-Site Mental Health Counseling” to an international law firm- Covington Law Firm. Located in San Francisco. - Website
- https://www.StartTalking.io
- Market Outlook / Competition
- Start Talking is a B2B solution not a direct-to-consumer model like most of our competitors. Therefore, we have better traction and not a "one and done" like our direct-to-consumer competitors. Also Start Talking pays our therapists more per session than our competitors. Our smallest contract has 2.5 million lives under contract, and our largest contract has 100 million lives under contract. There for our revenue model is more consistent that a direct-to-consumer model. Currently we are doing consistently 1,300 therapy sessions a month.
- Opportunities for Growth
- Currently Start Talking has 300 therapists located in 45 different states. By the end of 2025 will have 450 therapists in all 50 states. Currently we have 25 EAP and Insurance Contracts. Then at the end of 2025 we will have 35 contracts with multiple healthcare insurance contracts in place. This will add an additional $900,000 in revenue.
About the Sale
- Seller Motivation
- Wanting to retire and reap the benefits of all my hard work.
- Transition Support
- Will be glad to stay on for a transition of the business to the new owner for a period of 6 months to 18 months.
Listing Info
- ID
- 2513745
- Listing Views
Listing ID: 2513745 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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