Headspace

By Dave Muoio 02:47 pm September 9, 2020
Bardy Diagnostics, maker of cardiac-monitoring adhesive patches, announced yesterday that Kevin Hykes began serving as the company's president and CEO on August 31. Hykes was formerly the president and CEO of Relievant Medical Systems, Metaventon and Cameron Health. Earlier in his career he spent 16 years at Medtronic. As Bardy Diagnostics' new head, he'll help develop and execute the company's...
By Dave Muoio 03:29 pm June 22, 2020
Mental health and wellness app use has been on the rise during the past few months of COVID-19, but new quarantines and disease concerns may not be fueling the spike in new users or other metrics. According to a recent data report from Apptopia, increases among the 15 most popular of these apps have been in lockstep with the gradual trend of rising engagement that the mobile app market-...
By Dave Muoio 02:41 pm June 12, 2020
As per a new SEC filing, mindfulness and meditation app Headspace has built on February's Series C raise with an additional $47.7 million in funding, bringing the round's equity total to $100.7 million. The company told CrunchBase News, which first spotted the filing, that all of the company's lead investors from its prior rounds took part. WHAT THEY DO Santa Monica-based Headspace’s best known...
By Tammy Lovell 04:59 am March 18, 2020
As cases of COVID-19 around the world increase, it is not only people’s physical health which is under threat.  Uncertainty, constant news and social isolation can trigger anxiety for many, especially those with pre-existing mental health conditions.   Stephen Buckley, head of information at UK Mind, said the pandemic is “causing people a lot of concern and media coverage might play a role in...
By Dave Muoio 02:46 pm February 12, 2020
Mindfulness and meditation app maker Headspace has announced a Series C funding round consisting of $53 million in equity and $40 million in debt financing. The investment was headed by blisce/, with participation from new backers Waverly Capital and Times Bridge as well as prior investors The Chernin Group, Spectrum Equity and Advancit Capital. WHAT THEY DO Santa Monica-based Headspace’s primary...
By Jonah Comstock 03:34 pm September 6, 2019
Consumer healthcare businesses can describe their work a lot of ways: as wellness, as disease prevention or as healthcare outside the traditional health system. Or there's biohacking, a term that has emerged to describe all kinds of ways individuals can optimize their own health in the same way that tech-saavy folks optimize their computers.  At the annual Health 2.0 Fall Conference this month in...
By Dave Muoio 09:30 am April 12, 2019
From virtual therapy to mindfulness and meditation aids, there’s little shortage of digital tools catching investors’ eyes and breaking into the crowded behavioral health market. Although a number of these services are positioning their business to focus on payers and employers, many others are taking their products directly to consumers via monthly subscriptions, one-time retail purchases or...
By Laura Lovett 04:09 pm September 5, 2018
Mindfulness meditation app maker Headspace has just announced that it is acquiring voice-enabled AI system Alpine.AI, furthering the former's development in personalization and conversational products. The deal, which was made for an undisclosed sum, means that Alpine's team will move over to Headspace’s San Francisco office.  "Alpine.AI will help dramatically improve our voice platforms allowing...
By Jonah Comstock 03:45 pm June 25, 2018
A prospective cohort study of 33 adolescent cancer patients suggests that providing a Fitbit activity tracker and an iPad equipped with specialized health apps at the time of diagnosis can increase at least subjective measures of quality of life. In the study, recently published in the Journal of Adolescent and Young Adult Oncology, patients at Stanford Hospital and Clinics and Lucile Packard...
By Laura Lovett 10:51 am June 6, 2018
It's not uncommon for doctors to tell patients that they need to relax, but now one company is aiming to develop a digital meditation product that can be prescribed by physicians. Headspace, maker of a mindfulness and meditation app, announced that it is a digital health subsidiary called Headspace Health. The goal of the subsidiary is to create a new prescription meditation app by 2020.  “The...