Ginger and Headspace Finalize Merger, Creating $3B Behavioral Health Platform

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 […]

Headspace, Solera Health Partner to Expand Availability of Behavioral Health Offerings

Two virtual health care platforms are teaming up to expand the number of behavioral offerings available to customers. The digital mindfulness and meditation company Headspace has announced a partnership with Phoenix-based Solera Health, which contracts with health plans and employers to bring virtual care services to customers. The partnership gives Solera’s customers the opportunity to […]

Lyra Health Partners with Starbucks to Provide Mental Health Benefits to Employees

Mental health benefits manager Lyra Health will provide all Starbucks (Nasdaq: SBUX) employees and eligible family members with up to 20 sessions per year with therapists and coaches starting April 6. The Seattle-based coffee giant announced the move Monday. All sessions will be free of charge to users. Burlingame, California-based Lyra provides similar services to […]

Lyra Health Helps Providers Improve, Capitalize On Employee Mental Health Benefits

While more and more employers are offering mental health benefits, that doesn’t always translate into opportunities for traditional behavioral health providers. Many companies opt to provide the benefits through app-based solutions that specialize in remote coaching and stress-reduction, with trendy startups like Headspace and Ginger winning business from corporate giants such as Starbucks (Nasdaq: SBUX), […]

Headspace Raises $93M to Tackle Chronic Conditions, Fuel Expansion

Headspace has raised $93 million in Series C funding, the company announced Wednesday. That breaks down to $53 million in equity from investors and $40 million in debt financing from Pacific Western Bank. In total, the Santa Monica, California-based mindfulness and meditation company has raised $168.2 million in its decade-long lifetime, according to the fundraising […]