Talkspace, Inc. · NASDAQ:TALK
Talkspace — SPAC Merger (January 2021)
19 slides from Talkspace's SPAC merger presentation, Jan 13, 2021
Slide 1: Talkspace - the leading behavioral health platform
Exhibit 99.3 Color palette 15.193.167 39.50.90 250.100.117 122.111.233 Virtual Behavioral 156.163.193 Health for All 114.183.0 Talkspace - the leading behavioral health platform. 0.98.179 186.204.255 183.228.224 239.244.246 JANUARY 13TH 2021 1Exhibit 99.3 Color palette 15.193.167 39.50.90 250.100.11
Slide 2: Disclaimer
Disclaimer About this Presentation Color palette This investor presentation (this “Presentation”) has been prepared for use by Hudson Executive Investment Corp. (“Hudson”) and Groop Internet Platform, Inc. (d/b/a Talkspace) (the “Company”) in connection with their proposed business combination (the
Slide 3: $1.4bn SPAC merger of Talkspace and Hudson Executive
We are excited to announce the $1.4bn SPAC merger of Talkspace and Hudson Executive Talkspace is the largest and only pure-play virtual behavioral health platform in the public markets Leverages Hudson’s extensive CEO network, enterprise contacts, and deep industry experience to accelerate scale and
Slide 4: Today's presenters
Today’s presenters Color palette 15.193.167 39.50.90 250.100.117 122.111.233 156.163.193 Oren Frank Doug Braunstein 114.183.0 Co-founder and Chief Chairman and President 0.98.179 Executive Officer Former CFO and Vice Chairman of J.P. Morgan 186.204.255 183.228.224 239.244.246 4Today’s presenters Color
Slide 5: COVID has illuminated and accelerated a second pandemic
COVID has illuminated and accelerated a second Color palette pandemic 15.193.167 39.50.90 250.100.117 4x 60% 122.111.233 Prevalence of depression Of adults reported their mental symptoms in the U.S. since health had gotten worse since 156.163.193 beginning of COVID pandemic pandemic lockdown 114.183
Slide 6: Behavioral health is a vital service with an enormous TAM
Behavioral health is a vital service with an enormous TAM Color palette 15.193.167 70+ million >48,000 $192 billion Americans suffer from mental illness, spread Americans died of suicide in 2018, the Of annual lost wages and lost th 1 39.50.90 across all ethnic, socio-economic and age 10 leading cau
Slide 7: Leading virtual behavioral health platform
Leading virtual behavioral health platform Color palette 15.193.167 2021E financial snapshot 39.50.90 ~69% ~64% $125m y/y rev. growth gross margin net revenue 250.100.117 122.111.233 Company snapshot 156.163.193 >2m >39m ~46,000 1 members commercial active members 114.183.0 served to date covered liv
Slide 8: Virtual therapy ideal for the unmet need in behavioral care
Virtual therapy ideal for the unmet need in behavioral care Color palette 15.193.167 Elements of care In person limitations 39.50.90 Multiple ways to access care 250.100.117 On-demand access aligns 122.111.233 issue and solution 156.163.193 Affordable pricing model 114.183.0 Matching algorithm and a
Slide 9: B2C and B2B model overview
B2C and B2B model overview Color palette Therapy Psychiatry Robust growth 15.193.167 B2C Active Members 39.50.90 250.100.117 Messaging Messaging LiveTalk Plus Premium Ultimate ~28,000 ~20,000 +1 Live Video +4 Live Videos 122.111.233 Live Video Text, video and audio messaging 156.163.193 2019A Curren
Slide 10: The strongest brand in digital behavioral health
The strongest brand in digital behavioral health Instantly recognizable, 1 Highest brand awareness highly influential spokespeople relative to competitors Multi-faceted marketing approach is core to success in consumer market Top US behavioral telehealth brands 10 1 Source: July 2020 Brand survey - 1
Slide 11: Unique platform to match providers and patients
Unique platform to match providers and patients Unmatched presence and quality Robust growth Access Active providers providers across all 50 U.S. states ~2,650 2,650 1,300 Experience Jun ‘19 Nov ’20 100% 8 years of providers with a average years of Masters degree or higher experience per provider gr
Slide 12: Robust technology platform drives differentiated care model
Robust technology platform drives differentiated care model 1 2 3 4 5 6 Screening / Match Treatment Outcomes Discharge Maintenance intake Machine Clinical progress Robust, Proprietary learning-driven Outcome trends tracker and Personal digital data-supported matching algorithm tools and and engageme
Slide 13: Science-based approach leads to superior clinical outcome
Science-based approach leads to superior clinical outcome Clinical case study Focus on clinical excellence Talkspace treatment efficacy 10 peer reviewed studies 12 PHQ-9 GAD-7 9 “Two-way messaging “Patterns of utilization of therapy for depression an interactive text-based 6 and anxiety” psychotherapy
Slide 14: Multiple levers for continued rapid growth
Multiple levers for continued rapid growth M&A International expansion Expand partnerships Expand user base ■ Multiple adjacency and drive engagement areas to enter ■ Highly exportable ■ Expand base and platform capabilities ■ Further expand care penetration of ■ Expand base through ■ 30mm+ near-ter
Slide 15: Key highlights
Key highlights Tech-enabled solution designed to address tremendously under-served medical need with huge TAM accelerated by COVID 1 Purpose built platform represents a 2 win-win-win for all parties We believe Talkspace’s behavioral health platform is well positioned to boost Best-in-class B2C capab
Slide 16: Thank you
Thank you Therapy for All Demi Lovato, Singer, Songwriter, Activist, Mental Health Advocate 16Thank you Therapy for All Demi Lovato, Singer, Songwriter, Activist, Mental Health Advocate 16
Slide 17: Appendix
Appendix 17Appendix 17
Slide 18: Transaction overview
Transaction overview Talkspace is preparing to go public through a SPAC Merger with Hudson Executive Investment Corp., which has raised a $300 million PIPE to further support long-term growth 1 HEIC’s IPO raised $414 million in June 2020, with its common stock trading on the NASDAQ under symbol “HEC
Slide 19: Hudson Executive Investment Corp. overview
Hudson Executive Investment Corp. overview Doug Braunstein Doug Bergeron Founder / Managing Partner of Hudson Managing Partner of Hudson Executive Capital Executive Capital 35-year successful FinTech track record Former CFO / Vice Chairman of J.P. Morgan including 12 years as CEO of VeriFone, during