Following a blockbuster year for digital mental health care investment in 2021, the pressure is on to go big and bold. There have already been a few game-changing acquisitions in the space — the earliest and most defining is the merger of Ginger and Headspace, which created a $3 billion company called Headspace Health during […]
Two big names in the digital mental health space are going even bigger with ads around two of the biggest sporting events on the globe — the Winter Olympics and the Super Bowl. San Francisco-based Headspace Health has a 30-second spot during the pre-game broadcast of the Super Bowl LVI hyping their “Love Yourself Like […]
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 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 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 […]
Digital health continued its tear in 2021, as the number of deals and the amount of funding in the space reached record levels. And if mental health had not already proven itself as a major engine driving activity, 2021 definitely underscored that fact. Digital startups based in the U.S. hauled in $29.1 billion over the […]
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 […]
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 […]
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 […]
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 […]
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