Talkspace went public via a SPAC merger with Hudson Executive Investment in a $1.4bn deal.

Talkspace, a digital and virtual behavioral healthcare company, went public via a merger with Hudson Executive Investment, a SPAC, in a $1.4bn deal. Additionally, the deal was funded via a $300m pipe investment from Federated Hermes Kaufmann Funds, Jennison Associates, Woodline Partners and Deerfield. "Talkspace's technology-enabled operating model combines wide access to high-quality mental health resources with a rigorous, data-driven approach to clinical treatment. We are excited to partner with Oren and his world-class team at Talkspace to democratize access to behavioral health," Douglas L. Braunstein, Hudson Executive Capital Founder and Managing Partner.