Digital psychological well being firm Headspace Well being introduced Tuesday it will start providing its companies to corporations headquartered exterior the U.S.
Headspace mentioned it will begin its worldwide enlargement within the U.Okay. and look to new markets all through this 12 months.
The corporate provides psychological well being and mindfulness merchandise, together with self-guided content material, text-based teaching, remedy delivered in-person or nearly, and worker help companies.
“Individuals know and love Headspace, so it creates an approachable, participating entrance door for people who can then entry larger ranges of care as wants come up. Increasing this entire functionality into the U.Okay. in the present day constitutes a serious milestone in our journey towards remodeling psychological healthcare to enhance the well being and happiness of the world,” CEO Russell Glass mentioned in a press release.
THE LARGER TREND
Headspace Well being was fashioned by the merger of meditation app Headspace and psychological well being firm Ginger in 2021. For the reason that deal, the mixed firm has scooped up two different psychological health-focused startups to spice up its capabilities.
Early final 12 months, the corporate mentioned it had bought Sayana, maker of AI-enabled psychological health-tracking and sleep apps. In September, Headspace introduced it acquired the Shine app, a psychological wellness platform targeted on culturally competent and inclusive choices.
“A lot of the acquisitions that we have made, each as a mixed entity and a number of the ones that we have made individually, match the lens of both content material that aligns with our core mission and helps to reinforce our attain from a self-serve psychological well being perspective, capabilities that convey new ranges of tech — significantly round AI, dialog and neighborhood — after which expertise,” Leslie Witt, Headspace’s chief product and design officer, instructed MobiHealthNews shortly after the newest deal was introduced.
Psychological well being stays a preferred medical space for digital well being startups, bringing in $2.1 billion in funding final 12 months. Nevertheless, in response to Rock Well being’s funding report, funding general slowed considerably in 2022. Specialists say extra consolidation may very well be coming within the house.
Quite a few digital well being corporations have additionally lately pursued layoffs. Late final 12 months, Headspace confirmed it had laid off 4% of its workforce, about 50 workers. Competitor Calm reduce 20% of its workers in the summertime.
