Headspace, a global leader in mindfulness and meditation, and Ginger, a leader in on-demand mental healthcare, entered into a definitive agreement to merge.
WHO: Headspace, founded in 2010 by Andy Puddicombe and Richard Pierson, is known for being one of the first meditation apps in the world and remains a leader in mindfulness and mental training.
Founded in 2010 at the Massachusetts Institute of Technology by Karan Singh, co-founder and Chief Operating Officer, Ginger offers its members convenient, high-quality mental healthcare—including behavioral health coaching, therapy, and psychiatry—right from a smartphone.
WHY: Ginger and Headspace will merge to meet escalating global demand for mental health support. The combined entity, Headspace Health, will offer the world's most accessible and comprehensive digital mental health and well-being platform.
IN THEIR OWN WORDS: "We are witnessing a mental health crisis unlike anything we've experienced in our lifetimes, yet the majority of mental healthcare today is neither broadly accessible nor affordable," said CeCe Morken, CEO of Headspace. "Together, as Headspace Health, we will address the systemic challenges of access and affordability in a fundamentally different way by creating the world's most holistic, scalable, and effective mental health and wellbeing company."
“Headspace and Ginger have a shared recognition that the mental health crisis can't be solved by simply hiring more therapists or moving care online," said Russell Glass, CEO of Ginger. "Through this merger, we can uniquely tackle the full spectrum of mental health needs—from prevention to clinical care—all from one integrated platform.”
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