Teladoc Health Acquires UpLift for $30M

Dow Jones

May 01, 2025

By Kelly Cloonan

Teladoc Health has acquired virtual mental health therapy, psychiatry and medication management service provider UpLift for $30 million in cash.

The acquisition boosts access to benefits coverage for consumers served by Teladoc Health's BetterHelp virtual therapy business, Teladoc Health said Wednesday.

The transaction also includes up to $15 million in additional contingent earnout consideration.

UpLift currently has arrangements covering over 100 million lives and a network of over 1,500 mental health professionals. The company's full-year revenue in 2024 was $15 million, Teladoc Health said.

UpLift will continue to be led by its existing Chief Executive Kyle Talcott.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

April 30, 2025 17:55 ET (21:55 GMT)

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The company's full-year revenue in 2024 was $15 million, Teladoc Health said. \n\n\n  UpLift will continue to be led by its existing Chief Executive Kyle Talcott. \n\n\n \n\n\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 30, 2025 17:55 ET (21:55 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation,merge","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}