Headspace: Case Study, About, Logo, Founders, Plans, Competitors, Investors, and More


Headspace
Headspace: Case Study, About, Logo, Founders, Plans, Competitors, Investors, and More
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Introduction:

Headspace is a company that offers supervised practises of meditation and training for mindful living. Users can use the materials through an application for smartphones and the business’s site.

It is an online healing service that offers supervised meditation lessons as well as mindfulness education. It provides resources for managing anxiety, getting better rest, and building endurance in order to promote greater relaxation, simplicity, and emotions of health and pleasure.

 It allows Users to additionally maintain tabs on their development and monitor their diets, energy naps, and awareness.

Headspace About:

Headspace image

Headspace (Image Source: uktech.news)

Headspace is the creator of an internet-based healthcare program that teaches people the technique of meditating as well as ways to cope with tension.  It’s application instructs individuals in mindful living and respiration methods via messages.

Headspace’s software employs gamification to motivate individuals to finish and perfect each stage of mindfulness prior to progressing to a higher-level segment. Each meeting lasts approximately 10 minutes and is often a recorded recording.

It facilitated meditations to assist users to take responsibility for their psychological well-being and enhance their amount of rest, permitting both consumers and companies to create more nutritious, more efficient societies and rapidly growing groups.

Headspace team of professionals including data analysts, Emmy Award-winning makers, and psychological doctors, collaborate as a unit to improve the well-being and productivity of billions of individuals worldwide. It released its second edition in June 2014. 

The goal of Headspace when it first began was to make the globe a healthier and happier place.

Company Profile:

Name of the companyHeadspace
Founded year2010
Founders of the companyAndy Puddicombe and Richard Pierson
Competitors of the companycalm, wysa, sharecare
Website of the companyhttps://www.headspace.com/
Country of originLos Angeles united states
Investors of the company32 investors
Market segment of the companyhealth tech
Headspace logo image

Headspace Logo (Image Source: www2.lehigh.edu)

Founders:

Andy Puddicombe: Andy Puddicombe is the co-founder of Headspace, he is an English – born Buddhist monk. He is a writer, meditation and mindfulness expert, and presenter, he has written three books that are not accessible in over 25 countries and over 10 languages.

Headspace Founders image

Headspace Founders (Image Source: beignsummershores.com)

Richard Pierson: Richard Pierson is the CEO and co-founder of Headspace. He completed his education at nottingham trent university where he studies media and cultural studies.

He worked for many companies including bartle bogle hegarty as the former head of business development and at McCann London as a graduate trainee and account manager.

Board of Directors:

It has nine board of directors, they are –

  • Julia Cheek – CEO of Everly Health
  • Molly coy – executive – in- residence at AVIA
  • Rusell Glass – CEO of Headspace
  • David ibnale – managing partner – advance venture partners
  • Ram Jagannath – senior managing director – Blackstone
  • Myrna Soto – CEO – Apogee Executive Advisors
  • Ben Spero – partner – spectrum equity
  • Cecilia Munoz – senior advisor – new America
  • Michael Strautmanis – Executive vice president – Civic Engagement, Obama Foundation

Plans:

Headspace offers many different plans according to the need of each individual based on different prices and features, the different plans offered by the company are:

  1. Annual plan
  2. Monthly Plan
  3. Family plan
  4. Student plan
  5. Gifting plan 
  6. Educators plan
  7. Teens plan
  8. Referral plan

Competitors:

Calm: calm is an online tool for calming down, sleeping, and relaxing for staff members and consumers.  calm offers a selection of supervised relaxation and meditation programs and allows customers to take control of their insomnia and anxiety. 

The mobile application of Calm provides songs, bedtime tales, and meditations that are guided to ease anxiety, balance emotions, and improve the amount and duration of sleep. Calm was founded in 2012 in san francisco in the united states. The company has raised a total funding of 219 million dollars and the company valuation is 2 billion dollars as of 2020.

Wysa: Wysa is the maker of a chatbot powered by artificial intelligence for anxiety management. wysa tracks the consumer’s emotional expression and makes utilization of micro-actions and cognitive-behavioral strategies that have been shown effective in improving mood. 

It utilizes algorithmic learning to recognize how the user feels and actively asks them for assistance while needed. According to Wysa, users who benefited from chatbot help over the course of three months experienced a halving of their stress and depressive signs and symptoms.

Sharecare: Sharecare is a social networking site on which individuals can talk about different wellness and medical subjects. On the website, people can connect with other consumers and specialists.

shareware has created a web-based smartphone tool called askMD for consulting with experienced medical professionals to address inquiries from hospitals to medical professionals with knowledge. Users can contribute essays on a range of health-related subjects. 

It also includes a voice-based stress measurement application for Android.  Additionally, shareware has versions for iPhone and Android phones.

Brightside Health: Brightside Health provides depression and stressful circumstances treatment options. Using Brightside Health, the individual can choose between a medical discussion or an independent exam. 

The platform conducts an assortment of inquiries to ascertain the circumstance and presents the individual pertinent treatment strategies. The business provides services for medical counseling and self-evaluation.

The company was founded in 2017 in san francisco in the united states. It has raised a total funding of 81.4 million dollars.

Headspace Everyday Life Image

Headspace Everyday Life (Image Source: napkforpc.com)

Investors:

SV Angel: SV Angel is a venture capital firm situated in San Francisco. The business’s basic values of dedication, confidence, and honesty, together with their ‘keeping the founder first’ methodology, have guided them to strategize during the past thirty years of the initial stages of financing. 

They sponsor entrepreneurs who uphold such values because they operate as a service-based organization. 

The business helps businessmen create profitable companies by offering assistance at important junctures and utilizing their connections to aid them advance the growth of their companies.

Pegasus Tech Ventures: Pegasus Tech Ventures is a worldwide investment company situated in Silicon Valley.

They fund new technology firms throughout the globe and collaborate with entrepreneurs to boost revenues in Europe, Asia, and North America. With offices in 7 distinct nations, their staff of more than 110 people provides a wide spectrum of subject experience.

Pegasus Tech Ventures is in charge of managing a number of investment funds for venture capitalists. In order to pursue transformative possibilities in information technology, health technology, machine learning, the Internet of Things, Automation, Big Data, Quantum Computing, financial technology, and emerging Innovations.

 Pegasus Tech Ventures looks for outstanding managerial and technical resources.

Khosla Ventures: Khosla Ventures is an investment company situated in Menlo Park, California, that was established in 2004. 

The company looks at making investments in startups in financial technology, frontier, big data, digital wellness, healthcare diagnostics, agricultural and meals, renewable energy, automation, the World Wide Web, and renewable technology industries. 

The company helps innovators develop ground-breaking technology by offering investment support and advisory services.

FAQs : 

When was the company Headspace founded?

The company was founded in 2010.

Where was the company Headspace founded?

The company was founded in los angeles in the united states.

How much total funding has the company headspace raised?

The company has raised a total funding of 178 million dollars.

When was the most recent funding round of Headspace?

The most recent funding round of Headspace was on June 15th, 2020.

In what space does the company headspace operates?

The company operates in the B2C space.

In what market segment does the company headspace serve?

The company services in the health tech market segment.

How many angel investors does Headspace have?

The company only has one angel investor, he is jeff weiner.

How many institutional investors does Headspace have?

The company has 31 institutional investors.

Who is the chief clinical officer of the company headspace?

The chief clinical officer of the company is Dana Udall.

Conclusion:

Headspace creates a subscription website that offers contemplation and meditation courses. It uses a business-to-business model to provide its meditation services and goods to industries like the National Health Service (NHS), nonprofit organizations, and government departments.

Headspace offers consumers internet utilization of meditation guidance materials using the business’s site and an application for both the iOS and Android operating systems. 

After a ten-day period of access for free, it allows individuals can choose to sign up for a monthly or yearly membership or keep using the services.

Headspace is One of the earliest mindfulness applications in the globe, the company has over 70 million registered users and is still a pioneer in awareness and mental stimulation, It is available in 190 different nations. 

It has among the most comprehensive study pathways among any online healthcare firm and is dedicated to expanding the science of meditation via clinically proven studies.Headspace’s headquarters are at 2415 Michigan Avenue Santa Monica, California, 90404, United States.


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Disclaimer -We have collected this information from our direct sources, various trustworthy sources on the internet and the facts have been checked manually and verified by our in-house team.