Headspace has secured an additional $47.7 million in equity funding, extending the $93 million Series C funding round from February.
WHO: Headspace was created with one mission in mind: to improve the health and happiness of the world. Reaching more than 62 million users in 190 countries, Headspace was one of the first meditation apps in the world and remains a leader in mindfulness and mental training. Headspace is committed to advancing the field of mindfulness through clinically validated research, having one of the largest research pipelines of any digital health and wellness company. Headspace operates a B2B business (Headspace for Work) to offer its mindfulness products and services to more than 600 companies, such as Hyatt, Adobe, GE, and Starbucks, to help them build healthier, more productive cultures and higher-performing organizations. Headspace partners with many of the world’s most recognizable brands, including Apple, Amazon, Google, and more. Headspace also partners with brands like Nike, NBA, and the U.S. Women’s National Soccer Team to offer sport and movement content. In 2018, Headspace launched Headspace Health, a digital health subsidiary pioneering new ways to incorporate the Headspace mindfulness experience into digital medicine.
IN THEIR OWN WORDS: In an email statement, Headspace said: “We had always planned an extension of our Series C. This extension is now complete and was led by existing investors, adding $47.7 million to the $53 million raised in February, bringing the total equity funding to $100.7 million for our Series C.”
DETAILS:
