Meditation app Headspace is set to merge with digital mental health company Ginger Health under the combined entity Headspace Health. At a time when mental health problems are rapidly escalating, Headspace and Ginger have a solution: mega-merger. This news comes on the heels of Headspace's merger with leading on-demand healthcare provider, Ginger, to form Headspace Health. Barring unforeseen regulatory roadblocks, the two companies will combine to form Headspace Health. Headspace and Ginger shared plans to merge—and the new $3B Headspace Health intends to offer a full continuum of mental health solutions, from meditation and wellness to high-acuity clinical referrals. The news: Telemental health unicorns Headspace and Ginger are merging into a combined entity: Headspace Health. Ginger recently announced Ginger for Teens , an expansion of the company's full continuum of mental healthcare offerings including behavioral health coaching, therapy and psychiatry for adolescents. Headspace, which offered the popular app to teachers for free during the pandemic, said with the merger Headspace Health will have more than 2,700 companies as clients. Two giants in the mental healthcare space, Ginger and Headspace, announced plans to merge to create Headspace Health, a digital mental health and well-being platform.. Ginger, an on-demand coaching platform, and Headspace, a meditation and mindfulness app, will combine to provide mental healthcare access to more than 100 million people worldwide, according to a release announcing the partnership. Morken. Ginger And Headspace Merge To Tackle Growing Mental Health Crisis In The U.S. Digital health powerhouses, Ginger and Headspace, have officially merged together to form a singular preventative . As part of the merger, Ginger CEO Russell Glass will stay on as CEO of Headspace Health. Headspace, which offered the popular app to teachers for free during the pandemic, said with the merger Headspace Health will have more than 2,700 companies as clients. Meditation app Headspace is set to merge with digital mental health company Ginger Health under the combined entity Headspace Health. Ginger and Headspace Merge Headspace and Ginger have closed their merger, creating a $3 billion mental health company with a combined reach of 100 million consumers. SANTA MONICA, Calif. & SAN FRANCISCO-(BUSINESS WIRE)-Headspace, a global leader in mindfulness and . Ginger and Headspace merge to create a mental health giant The final Headspace Health board will . "This merger will allow us to address all mental health needs in a unique way, from prevention to clinical care," Ginger CEO Russellgrass said in a statement. I had a chance to connect with the Headspace Health leadership team about the merger. (Reuters) - Latham & Watkins is guiding meditation and sleep app Headspace's $3 billion merger with virtual therapy services company Ginger. Headspace Health will democratize mental health and wellbeing so people around the world are supported by a full spectrum of affordable care. Headspace Health is the world's leading provider of mental health and wellbeing solutions. Alteryx Appoints Headspace Health President CeCe Morken ... The combined company, to be . Russell Glass is set to helm the combined company, which would be called Headspace Health, upon the closing of the merger, expected in the last quarter of the year, the companies said. Why are Ginger and Headspace merging? The merger is a notable move among two very well-known names in the digital behavioral health space. Ginger and Headspace have joined forces to create the world's most accessible and comprehensive mental health digital platform to meet the escalating global demand for mental health support. The combined entity, Headspace Health, will offer the world's most accessible and comprehensive digital mental health and wellbeing platform. Russellgrass will assume the role of CEO of the merger, called Headspace Health, upon completion of the merger scheduled for the fourth quarter of this year, the two companies said. Headspace For Healthcare Providers | Medical and health ... 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. Ginger, Headspace merger opens door to further mental ... "Headspace and Ginger have a shared recognition that the mental health crisis can't be solved by simply hiring more therapists or moving care online," Russell Glass, CEO of Ginger, said in a statement. The app has become incredibly popular in the past year and with the pandemic taking a toll on people's mental health, venture capital interest has . - The . (Link - Press Release) By the numbers: As a combined org, Headspace Health will generate $300 million in annual revenue (ARR) to about 100 million users worldwide. Upon close of the merger, Russell Glass, CEO of Ginger, will take on the role of CEO of Headspace Health. Headspace and Ginger finalise $3bn digital mental health ... Headspace, a global leader in mindfulness and meditation, and Ginger, a leader in on-demand mental healthcare, announced they have entered into a definitive agreement to merge. The combined company . Headspace Health will offer the world's most accessible, comprehensive digital mental health platform. Mergers & Acquisitions October 14, 2021 12:45 PM 5 things to know about Headspace and Ginger's newly minted merger Jessica Kim Cohen MH Illustration / Getty Images Headspace and Ginger have. The combined company will be based in Santa Monica, where Headspace has its headquarters. It will boast more than 2,700 enterprise and health plan partners globally. Both companies sell into the employer market, and together they'll be able to address a wider variety of mental health needs across employee . Will I be able to access Headspace content inside of Ginger, or vice versa? Barring unforeseen regulatory roadblocks, the two companies will combine to form . The deal brings together Headspace's meditation and mindfulness app - used by millions of people around the world - and Ginger's . A merger between two digital mental health companies - Headspace and Ginger - will create a $3 billion giant in a category that has been growing at breakneck speed as a result of the COVID-19 pandemic. Headspace, Ginger to merge into $3B digital mental-health ... Ginger and Headspace Will Merge to Meet Escalating Global ... Headspace and Ginger have completed their $3 billion combination to create Headspace Health, a new frontrunner in the The post Headspace and Ginger finalise $3bn digital mental health merger appeared first on . Headspace and Ginger finalise $3bn digital mental health merger Dominic Tyer October 15, 2021 Headspace and Ginger have completed their $3 billion combination to create Headspace Health, a new. A merger between two digital mental health companies - Headspace and Ginger - will create a $3 billion giant in a category that has been growing at breakneck speed as a result of the COVID-19 . Does the merger change my Ginger or Headspace membership? Headspace, a global leader in mindfulness and meditation, and Ginger, a leader in on-demand mental healthcare, today announced they have entered into a definitive agreement to merge.The combined entity, Headspace Health, will offer the world's most accessible and comprehensive digital mental health and wellbeing platform. "Through this merger, we can uniquely tackle the full spectrum of mental health needs — from prevention to clinical care." "Glass says the goal is to offer services at the . Headspace, Ginger to merge, creating $3B mental health company Published Aug. 26, 2021 Joe Maher via Getty Images Dive Brief: Meditation and mindfulness startup Headspace and on-demand mental. Barring unforeseen regulatory roadblocks, the two companies will combine to form Headspace Health. As part of the merger, Ginger CEO Russell Glass will stay on as CEO of Headspace Health. Headspace, a meditation app for employee workforces, raised $100 million in equity funding last year. Less than two months after the deal was announced, Headspace and Ginger have closed their merger, creating a $3 billion mental health company. Digital health firms Ginger, Headspace to merge | Nasdaq The terms of the deal were not disclosed. Headspace Health now boasts more than 2,700 enterprise and health plan customers with combined bookings by end of 2021 of nearly $300 million, the companies said. The merger comes during accelerated usage of both parties, as a seemingly endless pandemic has put a strain on mental health across the globe and many have turned to virtual solutions to . It's members and enterprise partners' employees have access to mindfulness and meditation tools, CBT, coaching, therapy, and . Meditation app Headspace is merging with teletherapy platform Ginger to create a combined company called Headspace Health.The agreement values the joint venture at $3b (10x this year's expected revenue) and will give Headspace Health the ability to begin offering affordable mental . August 25, 2021. Headspace announced on Wednesday that it will merge with the on-demand mental health service Ginger to form Headspace Health. CeCe Morken will remain CEO of Headspace and take on the additional role of President for the combined entity. Merger of Headspace and Ginger to create Headspace Health, including revenue synergies across B2B and D2C channels Potential integration challenges and ability to eliminate duplicate costs Merged entity's updated competitive positioning across digital behavioural health landscape Ginger and Headspace Will Merge to Meet Escalating Global Demand for Mental Health Support Headspace Health will offer the world's most accessible, comprehensive digital mental health platform. The combined entity, Headspace Health, will offer the world's most accessible and comprehensive digital mental health and wellbeing platform. After the merger is finalized, Headspace Health will reach nearly 100 million people across more than 190 countries through its direct-to-consumer, enterprise and health plan businesses. Headspace and Ginger have come together at a critical moment of global need. Ginger, a leading provider of on-demand mental healthcare, and Headspace, a leader in mindfulness and meditation, have entered into a definitive agreement to merge. Meditation app Headspace and video-based mental health therapy services provider Ginger agreed to merge in a deal valuing the combined company at $3 billion.. The two companies will merge to form Headspace Health, which will combine Headspace's many meditation and wellness exercises with Ginger's coaching and therapy services. The two companies were introduced last year through a common investor, LinkedIn executive Jeff Weiner. 75 in 100 employees only require support to foster mental wellness. The terms of the transaction were not disclosed. Headspace Inc. and Ginger.io Inc. have agreed to merge and become a new company called Headspace Health. SANTA MONICA, Calif., October 14, 2021--Headspace Health, a global leader in mental health and wellbeing, today announced the close of the recently announced merger between Headspace and Ginger . Meditation app Headspace and video-based therapy services provider Ginger said on Tuesday they would merge to create a large and affordable digital mental health and wellbeing platform. Founded in 2010, Headspace offers sessions, videos, and articles on meditation and mindfulness, which can be accessed on a mobile phone and has about 70 million users globally. Headspace, Ginger finalize merger to form $3B mental health company by Heather Landi | Oct 14, 2021 8:00am Employers are increasingly recognizing the need to address employees' mental health and. Meditation app Headspace and video-based therapy services provider Ginger said on Wednesday they would merge in a deal valuing the combined company at $3 billion, as the COVID-19 pandemic spurs the use of virtual mental health care platforms. Santa Monica-based mental wellness company Headspace Inc. will merge with San Francisco-based Ginger.io Inc., an on-demand mental health support platform. Effective immediately, Headspace Health is combining Ginger and Headspace for Work — which is Headspace's employer wellness service — into a single offering. The combined entity, Headspace Health, will provide the world's most accessible and comprehensive platform for digital mental health and wellbeing. In June 2020, Headspace secured $47.7 million in equity funding in an extension to a Series C that closed in February. Their combined reach will cover around 100 million users across 190 countries.. For context, Headspace is a pioneer in the mental health apps space, offering meditation and mindfulness offerings. Headspace and Cambridge-founded Ginger, two of the most prominent companies in the increasingly competitive mental health space, on Wednesday announced plans to merge. With a reach of nearly 100 million people across 190 countries and a value of $3 billion, the combined company aims to be the world's most accessible and comprehensive digital mental health platform. The two companies were introduced last year through a common investor, LinkedIn executive Jeff Weiner. Headspace and Ginger finalise $3bn digital mental health merger. The teletherapy and meditation companies have signed a definitive agreement to join forces as Headspace Health to expand their list of services. Russell Glass is set to helm the combined company, which would be called Headspace Health, upon the closing of the merger, expected in the last quarter of the year, the companies said. Health (2 days ago) Headspace Health is the world's most accessible and comprehensive digital mental health and wellbeing platform. Headspace will bring its meditation and mindfulness offerings to the table while Ginger will contribute its teletherapy services. CeCe. The new offering provides employees with 24/7 access to behavioral health coaching, therapy and psychiatry. The combined entity, Headspace Health, will offer the world's most accessible and comprehensive digital mental health and wellbeing platform. Meditation app Headspace this morning announced plans to merge with on-demand mental health service Ginger. The new company, called Headspace Health, will have a reported value of $3 billion, placing it in the top echelon of companies vying to own significant chunks of the mental health market. Headspace and Ginger Are Now Headspace Health: With the Merger Official, It's Time to Close the World Mental Health Gap Report this post Dana Udall, Ph.D. Source: gorodenkoff/iStock/Getty Images Plus via Getty Images Headspace Health. Meditation app Headspace this morning announced plans to merge with on-demand mental health service Ginger. Self-guided content and mental health workshops for employees are also available. Headspace, Ginger merge to form Headspace Health: An interview with CEO Russell Glass. Alteryx, Inc. (NYSE: AYX), the Analytics Automation company, today announced that it has appointed Headspace Health President CeCe Morken and former NetApp CEO and executive chairman Daniel J . What is Ginger? SANTA MONICA and SAN FRANCISCO-- (BUSINESS WIRE)-- Headspace, a global leader in mindfulness and meditation, and Ginger, a leader in on-demand mental healthcare, today announced they have entered into a definitive agreement to merge. The deal, which closed in. The final Headspace Health board will . Headspace Health will democratize mental health and wellbeing so people around the world are supported by a full . The pair plan to merge their products into one platform that will be focused on behavioral health and overall wellbeing. In August, Ginger announced plans to merge with Headspace in a $3 billion deal. Digital mental health titans Ginger and Headspace have officially closed their merger in a deal that reportedly values the combined company at $3 billion. Headspace and Ginger, two app-based digital mental health firms that work with employers and health plans, will merge into a combined company called Headspace Health, they announced Wednesday. Here is our conversation below: 1. Two giants in the mental healthcare space, Ginger and Headspace, announced plans to merge to create Headspace Health, a digital mental health and well-being platform.. Ginger, an on-demand coaching platform, and Headspace, a meditation and mindfulness app, will combine to provide mental healthcare access to more than 100 million people worldwide, according to a release announcing the partnership. August 26, 2021. Headspace, Inc. entered into a definitive agreement to acquire Ginger.io, Inc. on August 25, 2021. The merger . The terms of the deal were not disclosed. H eadspace and Ginger, two of the most prominent companies in the increasingly competitive mental health space, on Wednesday announced plans to merge. Ginger and Headspace, two leading digital health companies focused on mental health, have agreed to merge to create a $3 billion combined company known as Headspace Health. Headspace Health: Headspace + Ginger; Articles in this section. Headspace Health is the world's most accessible and comprehensive digital mental health and wellbeing platform. Headspace, a meditation app for employee workforces, raised $100 million in equity funding last year. Mental health and wellbeing company Headspace Health has closed its merger with Ginger and added two members to the combined entity's board of directors. The goal of the combined entity is […] Meditation app Headspace this morning announced plans to merge with on-demand mental health service Ginger. Moving forward, the combined firms will be named Headspace Health. Health Evolution Editor-in-Chief Tom Sullivan spoke with . The new organization would sport a combined value of $3 billion and a headcount of more than 800. The new company, called Headspace Health, will. • The combined entity will reach nearly 100 million lives across 190+ countries through direct-to-consumer business and 2,700+ enterprise and health plan partners around the globe. CeCe. The merger comes during a time of unprecedented global need for mental health services as the COVID-19 pandemic exacerbated existing behavioral health challenges. Meditation app Headspace this morning announced plans to merge with on-demand mental health service Ginger. Headspace Headspace and Ginger, two popular digital mental health platforms, announced Wednesday plans to merge. M&A impact The goal of the combined entity is to cater to . Mental health and wellbeing company Headspace Health has closed its merger with Ginger and added two members to the combined entity's board of directors. Do I get Ginger for free as a Headspace member? The companies announced the deal to create a combined. In a busy year for digital health mergers, it was unique in that it was a merger of equals between two mental health companies, one that provided therapy services and coaching with a meditation app . Barring unforeseen regulatory roadblocks, the two companies will combine to form. Headspace, which focuses on mindfulness and meditation, and Ginger, which offers on-demand mental healthcare, have agreed to merge. The pair plan to merge their products into one platform that will be focused on behavioral health and overall wellbeing. Ginger CEO: 'It felt like the right time' for Headspace merger. The companies said . Upon close of the merger, Russell Glass, Chief Executive Officer of Ginger, will take on the role of . Capitalizing on the explosive growth in digital mental health, Ginger and Headspace announced in August plans to merge, marking the first mental health megamerger. Ruth Reader of Fast Company shares exclusive details about our merger with Headspace Inc. and what's ahead for the new entity, Headspace Health. Headspace and Ginger, two of the most prominent companies in the increasingly competitive mental health space, on Wednesday announced plans to merge. Headspace, a global leader in mindfulness and meditation, and Ginger, a leader in on-demand mental healthcare, have announced that they have entered into a definitive agreement to merge. In this episode, we sat down with Karan Singh, Co-Founder & COO of Ginger, now Headspace Health, through a merger with Headspace that was announced in August, 2021. Together, they will offer a global mental health and wellbeing platform as the combined entity called Headspace Health. -Headspace, a global leader in mindfulness and meditation, and Ginger, a leader in on-demand mental healthcare, today announced they have entered into a definitive agreement to merge. Headspace Inc., which makes a popular meditation app, will merge with Ginger, a company recently valued at $1 billion by investors including Blackstone Group Inc., creating one of the largest . Ginger and Headspace entered into a definitive agreement to merge to create Headspace Health in a deal that values the combined company at a value of $3 billion. According to TechCrunch, the new company will be worth some $3 billion and . 30 Aug, 2021 Ginger, Headspace merger opens door to further mental health app consolidation The merger of Ginger and Headspace will create a combined digital mental health and well-being platform called Headspace Health. With the combined company, Headspace Health will provide a full suite of services, including everything from meditation, to text-based coaching, to teletherapy and telepsychiatry. The combined company will have a $3 billion valuation; Headspace confirmed, as well . 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