Fast Company August 25, 2021
Ruth Reader

The teletherapy and meditation companies have signed a definitive agreement to join forces as Headspace Health to expand their list of services.

As many Americans clamor for mental healthcare amid a pandemic, two major companies in the field are joining forces. Teletherapy platform Ginger is planning to merge with meditation app Headspace to create Headspace Health in a deal that values the combined company at $3 billion. The two companies see an opportunity to provide a full range of mental-health services, from coaching, therapy, and psychiatric care to basic resilience-building techniques like meditation.

Ginger, a mental-health platform that offers coaching, therapy, and psychiatry, earlier this year reached a $1 billion valuation after a $100 million investment from Blackstone Group. Headspace,...

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Topics: Digital Health, Mental Health, Mergers & Acquisitions / JV, Provider, Technology, Trends
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