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TheraNest

“Can a mental-health EHR quietly own the payment and revenue-cycle rails of every behavioral therapy practice?”

Founded2013
HQBirmingham, AL, United States
Latest roundDebt
IndustryVertical SaaS / Healthcare
The story

TheraNest started in 2013 as a niche EHR for mental health solo and small group practices. It was rolled into Therapy Brands, which has since rebranded as Ensora Health — a broader behavioral, mental, and rehab therapy software platform that spans EHR (TheraNest, Fusion), RCM, clearinghouse, e-prescribing, telehealth, and payments. Embedded finance is a real but narrow surface area: card acceptance (Ensora Payments powered by Stripe) and insurance revenue-cycle management, not lending, banking, or payroll.

Last 12 months
2026-05
Product timeline
2013
TheraNest founded as an EHR and practice management platform for mental health practitioners· pivot
2018
Launched integrated Telehealth (HIPAA-compliant video) inside TheraNest· banking
2024
Rebranded under Ensora Health umbrella (formerly Therapy Brands)· pivot
2025
Introduced Ensai AI Session Assistant for automated progress notes· pivot
The stack
1 layer disclosed in TheraNest’s embedded-finance stack
Payments / PSP
Stripe
Accounting gap: significant

TheraNest — frequently asked

Who is TheraNest's payment processor?

TheraNest processes payments through Stripe.

Where is TheraNest headquartered?

TheraNest is founded in 2013 and headquartered in Birmingham, AL, United States.

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