Business Idea
competitors.comparison.backToList
Octa Health logo

Octa Health

Tier 1
Health
Telemed
https://octahealth.com

A leading telemedicine provider connecting patients with licensed medical professionals using a secure digital platform.

Octa Health is a US-based telemedicine company that provides patients with fast, convenient, and secure access to quality healthcare professionals online. Through their HIPAA-compliant platform, Octa Health offers virtual doctor consultations, prescription services, mental health therapy sessions, and ongoing chronic care management. The company focuses on improving access to affordable healthcare and reducing barriers to effective treatment, particularly for rural and underserved populations.

competitors.competitorDetail.metrics.missionStatement

To make high-quality healthcare universally accessible through secure digital solutions.

competitors.competitorDetail.metrics.visionStatement

To become the world’s most trusted telemedicine platform for accessible, comprehensive care.

competitors.competitorDetail.overview

competitors.competitorDetail.metrics.foundedYear

2017

competitors.competitorDetail.metrics.ceo

Alexandra Knight

competitors.competitorDetail.metrics.employees

200-400

competitors.competitorDetail.metrics.revenue

$45M - $55M

competitors.competitorDetail.metrics.headquarters

350 Mission St, San Francisco, CA 94105

competitors.competitorDetail.metrics.marketShare

4% of US virtual care market

competitors.competitorDetail.metrics.usp

Round-the-clock care from credentialed providers, seamlessly bridging physical distance with digital trust.

competitors.competitorDetail.metrics.pricingModel

Subscription (monthly/annual), Employer plans, Fee-for-service visits

competitors.competitorDetail.metrics.productLines
  • OctaCare (General Medicine)
  • OctaTherapy (Mental Health)
  • OctaChronic (Chronic Care Management)
competitors.competitorDetail.metrics.technologyStack
  • React Native
  • Node.js
  • MongoDB
  • AWS
  • WebRTC
  • Twilio

competitors.competitorDetail.metrics.marketPositioning

Reliability and breadth: comprehensive care, instant access, and privacy at the core.

competitors.competitorDetail.metrics.keyCustomerSegments
  • Working professionals
  • Families with children
  • Rural and remote communities
  • Psychology and mental health patients
competitors.competitorDetail.metrics.distributionChannels
  • Direct to consumer via website and mobile app
  • Partnerships with employers and payers
  • API integrations with digital health platforms
competitors.competitorDetail.metrics.marketingStrategies
  • Content marketing (health guides, webinars)
  • Strategic partnerships with insurers
  • Social media engagement
  • PPC and digital advertising
  • Telehealth awareness campaigns
competitors.competitorDetail.metrics.keyPartnerships
  • Aetna (Payer Collaboration)
  • CVS (Pharmacy Integration)
  • Workday (Employer Benefits)

  • On-demand video and text consultations
  • HIPAA-compliant records
  • E-prescriptions
  • Integrated mental health support
  • Chronic disease management

competitors.competitorDetail.metrics.strengths
  • 24/7 nationwide access to board-certified clinicians
  • Robust data security and privacy compliance
  • Comprehensive care services including mental health
  • Strong payer and employer partnerships
competitors.competitorDetail.metrics.weaknesses
  • Limited support for in-person follow-ups
  • Dependent on internet access and digital literacy
  • Facing regulatory variations across US states
competitors.competitorDetail.metrics.opportunities
  • Expand into remote patient monitoring
  • Collaborate with pharmacies for prescription delivery
  • International expansion into Europe and Asia
competitors.competitorDetail.metrics.threats
  • Increasing competition in telehealth
  • Evolving healthcare regulations
  • Patient preference for traditional care in some markets
competitors.competitorDetail.financials

competitors.competitorDetail.metrics.growthRateYOY

40%

competitors.competitorDetail.metrics.profitMargin

21%

competitors.competitorDetail.metrics.customerAcquisitionCost

$120 - $160 per active user

competitors.competitorDetail.metrics.customerLifetimeValue

$850 - $1,200

competitors.competitorDetail.metrics.churnRate

6% monthly

competitors.competitorDetail.metrics.fundingRounds
competitors.competitorDetail.metrics.fundingStagecompetitors.competitorDetail.metrics.fundingAmountcompetitors.competitorDetail.metrics.fundingDate
Seed$2M2017-05-18
Series A$12M2019-02-27
Series B$32M2021-06-11
competitors.competitorDetail.metrics.companyCultureHighlights
  • Mission-driven healthcare innovation
  • Emphasis on diversity and inclusion
  • Remote-first team culture
  • Continuous training and upskilling
  • Community involvement in public health
competitors.competitorDetail.metrics.awardsAndRecognition
  • Top Telemedicine Solution (2023) - Healthcare Tech Insights
  • Best Places to Work in Health Tech (2022) - Built In
competitors.competitorDetail.metrics.customerReviewsSummary
competitors.competitorDetail.reviews.titlecompetitors.competitorDetail.reviews.ratingcompetitors.competitorDetail.reviews.viewAll
G2 4.5/5235
Capterra 4.6/5190
competitors.competitorDetail.metrics.recentNews
competitors.competitorDetail.news.titlecompetitors.competitorDetail.news.publishedOncompetitors.competitorDetail.news.readMore
Octa Health Partners with CVS for Prescription Delivery2024-01-09Fierce Healthcare
Octa Health Raises Series B to Expand into Chronic Care2021-06-14TechCrunch
competitors.competitorDetail.metrics.socialMedia