Company Overview
Presence is a leading provider of teletherapy solutions, specializing in online speech and occupational therapy, behavioral and mental health services, and software for K-12 educational districts. Founded in 2009, Presence is dedicated to addressing the nationwide shortage of school clinicians by offering innovative teletherapy solutions that bridge the gap between schools, students, and qualified therapists. Its award-winning digital platform empowers clinicians to provide therapy using advanced tools and resources, including scheduling, documentation, and a comprehensive library of assessments. With a mission to expand access to therapy services for children with diverse needs, Presence is transforming educational opportunities through innovative telehealth solutions.
Leadership and Growth
Presence has recently enhanced its leadership team to direct its strategic growth. Jessica Wang is appointed as Chief Operating Officer, bringing over 15 years of expertise in operations, strategy, and business development. Her proficiency in scaling global operations poises Presence for continued growth. Previously, Wang was the Senior Vice President of Global Operations at 2U, Inc., an education technology company. Fletcher Hutson has been promoted to Chief Revenue Officer, with over a decade of experience in sales and revenue leadership, focusing on implementing effective go-to-market strategies and strengthening customer relationships. Kate Eberle Walker leads the company as CEO, ensuring it is recognized for maintaining a positive work environment and a majority-female leadership team.
Key Offerings and Expertise
- Teletherapy Solutions: Presence provides a comprehensive range of services, including speech-language therapy and mental health services, through its sophisticated platform.
- Digital Product Consultancy: The company offers expertise in digital product strategy and development, including web, mobile, VR, and Salesforce applications.
- Target Audience: Primarily focuses on PreK-12 schools, providing critical therapy access for students with diverse needs.
Competitive Landscape
Presence operates amidst strong competition within the teletherapy and digital health space. Competitors include:
- TinyEYE: Known globally for online speech and occupational therapy, focusing on innovative, student-centered services.
- Speech Partners: Offers online speech therapy with over 14 years of experience in telepractice, particularly in the Midwest.
- VocoVision: Specializes in teletherapy via video conferencing, integrating educational and therapeutic services nationwide.
Strategic Recognition and Achievements
Presence, under the guidance of Kate Eberle Walker, has been consistently recognized with Great Place to Work® certifications and accolades such as the Excellence in Equity Award and the Tech & Learning Award of Excellence. These commendations underscore its commitment to fostering an inclusive workplace and advancing educational technology.
Financial Overview
Presence has successfully secured $414 million in funding from 17 investors over five rounds, reflecting strong investor confidence. PresenceLearning, a brand under the Presence umbrella, reports an annual revenue of approximately $159.8 million and employs about 798 people. This financial strength supports its mission to innovate and expand within the education sector.
Market Impact and Future Directions
By leveraging its extensive network of over 2,000 clinicians and recent acquisition of Global Teletherapy, Presence enhances its ability to serve virtual K-12 schools and expand its teletherapy offerings. This strategic expansion aims to redefine how educational institutions nationwide address and support diverse student needs, positioning Presence as a pivotal player in transforming educational support services through advanced teletherapy solutions.
Strategic Insights for Engagement
Organizations seeking collaboration will find Presence’s strong foundation in digital innovation and commitment to enhancing student outcomes through teletherapy appealing. Partnering with Presence offers access to cutting-edge therapy solutions and a vast array of clinician expertise, equipping educational institutions to address unique challenges effectively. Presence’s ongoing expansion and innovation underscore its resilience and leadership in the teletherapy landscape for educational environments.
