Behavioral Health M&A Hits Record Level in 2021, Demand Remains “Sky-High”

Behavioral health business activity was on fire for another year in 2021, helped largely by a high demand for services among the public that shows no signs of abating any time soon. Transactions for behavioral health providers kicked off the year strong, with 35 deals registered in the first quarter (Q1) of 2021, according to […]

The Raging Debate on How to Build a Workforce for Next-Generation Mental Health Companies

The push by mental health companies to solve the access problem in behavioral health has reached a fever pitch. Venture capital and private equity are fueling a race between startups and existing companies to implement new technology and develop innovative business models. Last year, investment in the behavioral health space, especially digital mental health companies, […]

Headspace Health Announces First Acquisition post-merger, AI-Driven Sayana

Headspace Health announced its first tuck-in deal following the head-turning merger that created the company. On Wednesday, the San Francisco-based mental wellness and on-demand virtual behavioral health company announced that it acquired a fellow San Francisco-based startup Sayana Inc. Terms of the deal were not disclosed. The acquisition of Sayana will deepen Headspace Health’s AI […]

2021’s Largest Mergers and Acquisitions

Here are some of the biggest mergers and acquisitions in the behavioral health industry over the last year. Ginger and Headspace Finalize Merger, Creating $3B Behavioral Health Platform The newly-combined Headspace Health brings together Ginger’s therapy, counseling, and coaching services with Headspace’s mindfulness and meditation offerings. The company will serve more than 100 million customers […]

Most Read Behavioral Health Care Stories in 2021

The chaos that the coronavirus pandemic inflicted on the behavioral health care industry gave way to a new normal in 2021 based on the many lessons learned in the previous year. And an apparent lesson learned by all is that the demand for behavioral health in the U.S. is immense. This apparently spurred on a […]

Cerebral Raises $300M as Valuation Hits $4.8B, Eyes Expansion and M&A

Online mental health company Cerebral announced on Wednesday that it has raised $300 million in Series C investments, bringing the total amount raised by the company to $462 million. Funding for Cerebral’s round was led by SoftBank Vision Fund 2, which is a venture capital fund of SoftBank Group. The round also drew participation from […]

Google Taps Headspace Executive for Mental Health Leadership Role

After reorganizing its health division, Google has made a new hire with the addition of Megan Jones Bell as its clinical director of consumer and mental health. The tech giant made the announcement in a press release Tuesday, with Bell assuming her new role this week. Bell arrives at Google from Headspace Health, where she […]

Headspace Health CEO Talks the Future, More Acquisitions, and IPO Possibility

For Russ Glass, CEO of the newly formed Headspace Health, scaling up the business he leads comes with a strategic and moral imperative — the question now is how and where Headspace Health should make its moves. Glass formerly led San Francisco-based on-demand virtual behavioral health Ginger.io Inc. which merged with Santa Monica, California-based Headspace […]