Talkiatry is a healthcare startup that aims to revolutionize psychiatry by offering accessible, human, and responsible care. Founded in 2019, Talkiatry is a national mental health practice providing in-network psychiatry and therapy. Co-founded by a patient and a triple-board-certified psychiatrist, the company addresses the accessibility challenges faced by individuals with diagnosable mental illnesses and clinicians struggling to provide high-quality mental healthcare through innovative technology and a human-centered philosophy. The company's mission is particularly crucial in the U.S., where 60% of adults with a diagnosable mental illness go untreated annually due to limited accessibility. Notably, 45% of clinicians are out of network with insurers because of low reimbursement rates and burdensome paperwork. Talkiatry seeks to bridge this gap, allowing patients to receive the care they need and enabling psychiatrists to focus on their core mission. The startup's commitment to its mission is underscored by its recent Debt Financing investment on 18 June 2024, with Banc of California being the investor. This investment signifies external validation of Talkiatry's vision and potential for growth as it endeavors to transform the field of psychiatry. As a Great Place to Work®-certified company, Talkiatry is well-positioned to lead the way in reshaping mental healthcare and addressing the unmet needs of both patients and clinicians.
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