About Headspace
Headspace is a company based in Santa Monica (United States) founded in 2010 by Andy Puddicombe and Rich Pierson.. Headspace has raised $178.36 million across 10 funding rounds from investors including Pac-West Telecomm, WME and Oxford Finance. Headspace has completed 1 acquisition, including Alpine AI. Headspace offers products and services including Meditation App, Sleep App, Mindfulness App, and Mental Health Coaching. Headspace operates in a competitive market with competitors including Magellan Health, AbleTo, Lyra Health, Thrive Global and Wysa, among others.
- Headquarter Santa Monica, United States
- Founders Andy Puddicombe, Rich Pierson
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Sectors
HealthcareTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Headspace Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$178.36 M (USD)
in 10 rounds
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Latest Funding Round
$105 M (USD), Debt – Conventional
Jul 26, 2023
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Investors
Pac-West Telecomm
& 17 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Headspace
Headspace offers a comprehensive portfolio of products and services, including Meditation App, Sleep App, Mindfulness App, and Mental Health Coaching. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for guided meditations to reduce stress and anxiety.
Tools for better sleep through soundscapes and wind downs.
Exercises to promote mindfulness and daily presence.
Personalized coaching for mental health improvement.
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Leadership Team
35 people
Software Development Team
28 people
Sales and Marketing
18 people
Product Management Team
14 people
Therapist Team
13 people
Finance and Accounting
12 people
Human Resources and Administration
10 people
Operations Team
8 people
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Funding Insights of Headspace
Headspace has successfully raised a total of $178.36M across 10 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $105 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Debt – Conventional — $105.0M
- First Round First Round
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2023 | Amount | Debt – Conventional - Headspace | Valuation |
investors |
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| Jun, 2020 | Amount | Series C - Headspace | Valuation | Blisce | |
| Feb, 2020 | Amount | Debt – Conventional - Headspace | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Headspace
Headspace has secured backing from 18 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Pac-West Telecomm, WME and Oxford Finance. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture debt firm focused on the life sciences sector
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Founded Year | Domain | Location | |
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Investment support is provided to founders reshaping industries.
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Founded Year | Domain | Location | |
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Tech startups are funded through venture capital by Waverley Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Headspace
Headspace has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Alpine AI. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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AI-based voice assistants are developed by Alpine.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Headspace
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Headspace Comparisons
Competitors of Headspace
Headspace operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Magellan Health, AbleTo, Lyra Health, Thrive Global and Wysa, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Behavioral healthcare management and pharmacy services are provided for employees.
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| domain | founded_year | HQ Location |
Offers a digital platform to connect people with licensed therapists and coaches
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| domain | founded_year | HQ Location |
AI-powered mental health benefits for employers are provided.
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| domain | founded_year | HQ Location |
Mental wellbeing coaching platform is provided for enterprises.
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| domain | founded_year | HQ Location |
AI-driven mental health support platform is provided by Wysa.
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| domain | founded_year | HQ Location |
Cloud-based platform for employee wellness
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Headspace
Frequently Asked Questions about Headspace
When was Headspace founded?
Headspace was founded in 2010 and raised its 1st funding round 1 year after it was founded.
Where is Headspace located?
Headspace is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Who is the current CEO of Headspace?
Tom Pickett is the current CEO of Headspace.
Is Headspace a funded company?
Headspace is a funded company, having raised a total of $178.36M across 10 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $40M, raised on Jun 01, 2011.
What does Headspace do?
Provider of mindfulness and mental wellness tools and services. It offers guided meditation exercises, sleep resources, mental health coaching, and online therapy. The services manages mental well-being through evidence-based techniques and expert-led content. It also provides resources for businesses seeking to support employee mental health. Subscription plans offer access to a library of content and additional services. It provides business solutions for employee wellness programs, including EAP replacement and mental health support. The solutions incorporate meditation, mindfulness training, and coaching.
Who are the top competitors of Headspace?
Headspace's top competitors include Lyra Health, Thrive Global and Magellan Health.
What products or services does Headspace offer?
Headspace offers Meditation App, Sleep App, Mindfulness App, and Mental Health Coaching.
How many acquisitions has Headspace made?
Headspace has made 1 acquisition, including Alpine AI.
Who are Headspace's investors?
Headspace has 18 investors. Key investors include Pac-West Telecomm, WME, Oxford Finance, TCG Ventures, and FitLab.
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