At CB Insights’ Future of Health Conference, Ginger CEO Russell Glass talked about how the company merged with Headspace to form a $3 billion mental health company and how to scale up a mental health business.
The Covid-19 pandemic pushed healthcare workers to their breaking point worldwide. In Western Europe, hospitals responded by offering free counseling and sharing videos on meditation and relaxation techniques, among other resources. But these efforts need to continue as it is likely the mental health epidemic will grow from here on out.
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
Meditation app Headspace raised $47.7 million in funding, according to an SEC filing. The new funds come four months after Headspace closed a $93 million series C round.
Headspace raised a total of $93 million in funding, including a $53 million equity round and $40 million of debt capital. The company said it would put some of the funds toward clinical tests, but has not shared new details on its efforts to seek FDA approval.
Pravata marks a shift for StayWell by helping it diversify its employer wellness offerings with VR-enabled meditation.