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Headspace

Headspace

Headspace is a Santa Monica-based company developing a mobile app focused on mental health and meditation techniques.

Overview

Headspace is a meditation and mental health app; as a company it is a part of Headspace Health, a mental healthcare provider. The app provides instruction on breathing techniques and guided meditations. Through their B2B business, Headspace for Work, Headspace offers its products and services to more than 700 companies, such as Starbucks, Adobe, GE, Hyatt, and Unilever.

Headspace works with government entities including New York State and the UK’s National Health Service (NHS) to provide digital mental health tools. Headspace partners with Apple, Waze, and Amazon. They also offer sport and movement-related content in partnership with Nike, the NBA, and the US Women's National Soccer Team.

Headspace was founded in 2010 by Andy Puddicombe and Rich Pierson. Both founders are still involved with the company, and Rich Peirson was CEO prior to the current CEO, CeCe Morken, who was appointed January 2021.

Timeline

November 16, 2021
Headspace closes merger with Ginger, which offers on-demand mental healthcare via a comprehensive digital mental health and wellbeing platform.
November 4, 2021
Raheem Sterling kicks off Headspace ambassador role
October 27, 2021
Blue Shield of California adds Headspace to Wellvolution platform
October 13, 2021
Waze Teams Up With Headspace to Help Mitigate Driving Stress
April 15, 2021
Arcade Fire release a 45-minute song through Headspace's mindfulness app
June 11, 2020
Headspace raises a $47,700,000 series C round.
February 12, 2020
Headspace raises a $93 million in new equity and debt financing from a slew of investors.

Headspace’s new cash comes from investment firm blisce, with participation from Waverly Capital, Times Bridge (the investment arm of The Times Group of India), The Chernin Group, Spectrum Equity and Advancit Capital. A $40 million debt financing from Pacific Western Bank supplemented the $53 million in equity.

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
Date

Headspace | Meditation | Changing Perspective

Web

August 18, 2017

The former monk who runs a $100m meditation firm

By Sarah Dodds

Web

September 1, 2019

News

Title
Author
Date
Publisher
Description
Dave Muoio
September 1, 2021
FierceHealthcare
Carbon Health's expanding clinic footprint, Verily's first-ever purchase and more merger and acquisition news from the month of August.
Natasha Mascarenhas
August 28, 2021
TechCrunch
When Headspace merged with on-demand mental healthcare platform Ginger, I was surprised. After all, Ginger raised $100 million in Series E funding just a few months ago -- and last time I spoke to CEO Russell Glass, he stressed the importance of integrating into employer-paid health plans. To me, Headspace's meditation app is about as [...]
Heather Landi
June 1, 2021
FierceHealthcare
Solera Health is teaming up with Headspace to offer the startup's meditation, mindfulness and mental training app directly to payer and employer member populations.
Headspace
June 1, 2021
www.prnewswire.com:443
/PRNewswire/ -- Employees are more stressed and burned out by work today than they were at the start of the pandemic, and they're increasingly looking to...
Sarah Fielding
May 26, 2021
Business Insider
Sarah Fielding said the company's "satisfying ads" intrigued her, but she had some problems with the app itself.
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References

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