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11 BetterHelp Usage Statistics (2024):
Revenue, Usage, Users

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Written by the TapTwice Digital Team

11 BetterHelp Usage Statistics (2024): Revenue, Valuation, Users - blog post image

BetterHelp is an online therapy platform that provides therapy services via messaging, phone, and video sessions.


Since it's launch in 2013, BetterHelp has grown to over 2 million users, and over 1.1 billion in annual revenue.


BetterHelp also boasts over 35,000 licensed, accredited, and experienced therapists and physchologists.


On this page, you’ll find the latest statistics on BetterHelp's growth to date.

BetterHelp Stats (Highlights)

  • BetterHelp has over 35,000 licensed therapists & psychologists.
  • Annual BetterHelp revenue was 1.13 billion dollars in 2023.
  • BetterHelp spent over 100 million dollars on advertising in 2023.
  • Worldwide, women use BetterHelp more than men.

BetterHelp revenue

Across 2023 BetterHelp registered a total of 1.13 billion dollars in revenue. Compared to the previous year, BetterHelp saw a 11.18% growth in annual revenue.

BetterHelp Revenue (Quarterly) - chart

BetterHelp generated $269 million in Q1 2024, an increase of 16% compared to the similar quarter in 2022.


Here’s a table charting BetterHelp's revenue since 2021 (by quarter):

QuarterRevenue
Q4 2021 $214 million
Q1 2022 $230 million
Q2 2022 $247 million
Q3 2022 $265 million
Q4 2022 $277 million
Q1 2023 $279 million
Q2 2023 $292 million
Q3 2023 $285 million
Q4 2023 $276 million
Q1 2024 $269 million

Sources:

SEC, Investing.com

BetterHelp paying customers

BetterHelp has 415,035 paying customers as of March 2024. A further 10,005 paying customers were added in Q1 2024, resulting in an additional 23,021 since the beginning of 2022.

BetterHelp paying customers - chart

BetterHelp's customer base has grown 28.21% since 2021.


We've charted BetterHelp's paying customers growth since 2021 (by quarter):

QuarterPaying Users
Q4 2021 351,000
Q1 2022 382,000
Q2 2022 408,000
Q3 2022 437,000
Q4 2022 450,000
Q1 2023 467,000
Q2 2023 476,000
Q3 2023 459,000
Q4 2023 425,000
Q1 2024 415,000

Source:

SEC

BetterHelp how many therapists?

BetterHelp has over 35,000 licensed therapists as of 2024. A growth of 2.18x since 2021.

BetterHelp number of therapists - chart

The number of therapists has grown an average of 30% over the past 4 years.


According to BetterHelp, only about 15% of therapists who apply are accepted to the platform.


Here's a table showing the number of BetterHelp therapists since 2021.

YearNumber of Therapists
2021 16,000
2022 20,000
2023 25,000
2024 34,000

BetterHelp podcast marketing ad spend

BetterHelp spent 8.2 million dollars on podcast ads in March 2024 alone. Over the last 4 years BetterHelp has spent an average of 8.35 million dollars per month delivering podcast ads.

BetterHelp podcast marketing ad spend - chart

A approximate peak of 9.08 million dollars was spent on podcast ads in September 2023.


Here's a table showing BetterHelp's podcast marketing ad spend since 2020.

MonthPodcast Marketing Spend
Nov 2020 $3.94 million
Aug 2022 $6.82 million
Dec 2022 $9.16 million
May 2023 $11.59 million
Jul 2023 $9.22 million
Sep 2023 $9.08 million
Dec 2023 $7.97 million
Jan 2024 $9.07 million
Mar 2024 $8.29 million

Source:

Magellan AI

BetterHelp market share

BetterHelp claims a 11.34% of the global online therapy market share. In 2023, the global market share was 9.7 billion, with BetterHelp accounting for 1.1 billion.

BetterHelp claims 11% of the global online therapy market share.

BetterHelp app downloads

The BetterHelp mobile app was downloaded 100,000 times in March 2024 on iOS. The Android version received 50,000 downloads in the same month.

BetterHelp app downloads - chart

Here's a table of the BetterHelp mobile app downloads on iOS and Android in March.

PlatformDownloads
iOS 100,000
Android 50,000

Source:

Sensor Tower

BetterHelp gender demographics

61.23% of BetterHelp’s users are female. 38.77% are male.

61.23% of BetterHelp’s users are female. 38.77% are male - pie chart

Source:

Similar Web

BetterHelp age demographics

25-34 year olds make up 33.49% of BetterHelp's users. On the flipside, 65+ year old adults only make up 5.02% of users.

25-34 year olds make up 33.49% of BetterHelp users.

Here's a breakdown of BetterHelp's users by age (acending):

Age RangePercentage
18 - 24 17.55%
25 - 34 33.49%
35 - 44 20.33%
45 - 54 14.6%
55 - 64 9.02%
65+ 5.02%

Source:

Similar Web

BetterHelp most popular countries

BetterHelp had over 10.2 million web users in March 2024 alone. A 1.13% increase from the month before.


The United States is the most popular country with 63.6% of the total web users.

BetterHelp most popular countries - chart

Here's a table of the countries with the most BetterHelp web users (percentage):

CountryPercentage of Users
United States 63.6%
United Kingdom 13.62%
Canada 3.3%
Australia 1.81%
India 1.21%
Others 16.46%

Source:

Similar Web

BetterHelp has an average bounce rate of 51.15%, and an average visit duration of 2 minutes and 56 seconds.

BetterHelp ratings

BetterHelp has a 3.2 stars average on Indeed.com, with the work-life balance at a 3.8.

BetterHelp ratings.

Here's a table with the average ratings for each category.

CategoryRating
Work-Life Balance 3.8
Pay & Benefits 2.3
Job Security & Advancement 2.9
Management 2.8
Culture 3.0

Source:

Indeed.com

How many people work at BetterHelp

BetterHelp has 125 employees. 109 are women, 16 are men. Employees tend to stay with BetterHelp for 5.9 years on average.


Here's a table of the employee ethnicities represented.

EthnicityPercentage
White 50%
Hispanic or Latino 23%
Asian 13%
Other 16%

Source:

Zippia

Conclusion

That's all for our list of BetterHelp stats in 2024. The online therapy platform has been busy marketing itself across various platforms; namely podcasts.


Although its been a bit of a bumpy ride recently for BetterHelp, attributed to losing some of its customer base.


The company seems to still be in a stable financial position moving forward.

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