Talkspace (formerly Talktala), a telehealth-based counseling service provider, acquired Lasting, a relationship & marriage counseling app, for an undisclosed amount.
The Lasting app was created in 2017 as a subsidiary of the Knot Worldwide by entrepreneur-in-residence Steve Dziedzic.
“Lasting, like Talkspace, deeply believes in the idea that technology can be leveraged to help people live healthier, happier lives,” said Mark Hirschhorn, Talkspace President. “Over the years, the Lasting team has used science and data to help couples better understand and connect with one another, leading to better marriages, stronger overall health, and improved quality of life,”
As part of the acquisition, Talkspace will offer Lasting’s services to its customers, allowing couples to complete content on their own time and is primarily self-guided.
All employees of Lasting will join the Talkspace team. Steve Dziedzic will continue to lead day-to-day operations as senior vice president of Lasting, reporting to Talkspace Chief of Staff Michaela Yule.
Founded in 2012, Talkspace has raised a total of $110 million to date. Investors include Revolution Growth, Norwest Venture Partners, Qumra Capital, Spark Capital, Compound Ventures, Metamorphic Ventures. Talkspace has also seen a surge in demand for telebehavioral health since the start of the pandemic, the company said.
“We are so pleased to be joining Talkspace, a company that has consistently demonstrated the immense capacity of telebehavioral health to better lives, particularly during these challenging times,” said Lasting founder Steven Dziedzic. “With this move, we will be able to continue providing our industry-leading service to millions of more couples, with the added support of an innovative leader like Talkspace.”
A total of 132 Digital Health companies were acquired during the first nine months of 2020, according to Mercom’s latest Digital Health Funding and M&A report.