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 […]
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 […]
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 […]
The world appears set to spend almost twice as much on mental health apps in 2022 than it did in 2019. A new report from the professional services giant Deloitte — titled Technology, Media & Telecommunications 2022 Predictions — says that a “conservative” annual growth rate for global spending on mental health apps is 20%, […]
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 […]
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 […]
Less than two months after announcing the deal, Ginger and Headspace have now officially merged to create a company valued at more than $3 billion. 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 and over 2,700 […]
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