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Teladoc acquires UpLift for $30 million cash

PUBLIC · TDOCApr 30, 2025

Acquiring Company

Teladoc Health

Acquired Company

UpLift

New YorkTampaHealthcareHealth CareHealth Care

Description

Teladoc Health has acquired UpLift for $30 million in cash to strengthen its struggling BetterHelp unit. This acquisition is aimed at enhancing Teladoc's mental health segment amid recent revenue challenges. UpLift generated around $15 million in revenue last year, supporting Teladoc's mission to improve mental health care accessibility.

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Company Information

Company

Teladoc Health

Location

New York, New York, United States

About

Teladoc Health is a telehealth company that was founded in 2002 as one of the nation’s first telemedicine companies.

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Frequently asked

Who acquired UpLift?

UpLift was acquired by Teladoc Health, based in New York. The deal was reported on April 30, 2025. Teladoc Health is a telehealth company that was founded in 2002 as one of the nation’s first telemedicine companies. Teladoc Health is publicly traded (TDOC) and operates in Healthcare.

When did Teladoc Health acquire UpLift?

Teladoc Health's acquisition of UpLift was reported on April 30, 2025. Teladoc Health has acquired UpLift for $30 million in cash to strengthen its struggling BetterHelp unit. This acquisition is aimed at enhancing Teladoc's mental health segment amid recent revenue challenges. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does UpLift do?

UpLift is a digital platform that empowers patients to find in-network therapists and psychiatrists who are covered by their insurance plans. It is privately held, operating in Health Care, and is based in Tampa.

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