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Headspace history
Headspace company history timeline
Demand from attendees for a way to share these techniques led to Puddicombe and Pierson looking into developing a mobile app, with the first version of the Headspace app launching in 2012.
Two weeks after the founders relocated to Los Angeles in March 2013, drawn to the California’s lifestyle and startup culture, Puddicombe was diagnosed with testicular cancer.
The startup’s $30 million Series A, which closed in July 2015, led by entertainment-focused Chernin Group, featured Breyer Capital, Jessica Alba, Jared Leto, Ryan Seacrest and LinkedIn chief executive Jeff Weiner.
Seven airlines offer Headspace on flights, and the app became Spotify’s first bundling partner in late 2016 (users of the music service in most of Scandinavia can subscribe to both apps in a bundled deal). And Headspace’s secular, simple style and cute animations help make meditation approachable.
In June 2017, Headspace hired Ross Hoffman as Chief Business Officer.
Next on the company’s agenda is using 2017 to double down on corporate wellness offerings (corporate subscribers like Google and LinkedIn represent a small total of revenue now), and boost user growth by translating the app into major languages and expanding content.
In June 2018, the company launched Headspace Health, a subsidiary aimed at developing FDA-approved meditation tools which would be prescribed to help treat a range of chronic diseases.
In August 2021, Headspace merged with online mental health platform Ginger in a deal valuing the combined company at $3 billion.
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