September 2, 2020
Founded in 2015, Singapore-headquartered digital health company Mobio Interactive announced that it has closed $1.8 million in a seed funding round. The round was led by Singapore-based Verge HealthTech Fund along with Atlas Asset Management, Creative Ventures and VC giant SOSV.
Mobio Interactive develops and commercializes clinically validated and objectively quantified software to prevent,...
July 10, 2020
About the author: Stephanie Nieman is a principal at SJF Ventures based in Durham, N.C. SJF Ventures is a venture capital fund investing in high-growth, positive-impact companies across the U.S. and an active healthcare investor.
The current COVID-19 pandemic and resulting need for schools and universities to close, and for families to socially distance and practice remote learning, have only...
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-...
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...
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...
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...
July 16, 2019
Wave, a subscription app and connected foam cushion for at-home meditation, has launched with $5.65 million in seed funding. CrossLink Capital, Lerer Hippeau Ventures, Collaborative Fund and Ludlow Ventures were named as the company’s backers in this morning’s announcement.
WHAT THEY DO
The core of Wave’s consumer offering is an app-based service ($9.99 per month, $99.99 for a year) that looks to...
July 2, 2019
Calm, which makes a meditation and sleep app of the same name, has tacked $27 million onto its previously announced $88 million Series B round thanks to new backing from Lightspeed Venture Partners, the investor shared in a Medium.com post.
This add-on capital brings the startup’s total backing to $143 million.
WHAT THEY DO
Cofounders and co-CEOs Michael Acton Smith and Alex Tew founded Calm with...
June 3, 2019
Between Twitter notifications and the constant of flood of work emails, staying focused on one task can be challenging. However, researchers have discovered that a new meditation platform could be effective in improving young adults' attention spans. In the study, which was published in Nature Human Behavior, the MediTrain closed-loop digital meditation platform helped healthy young adults ...
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...