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Location: usa
Founded in: 2016
Stage: Revenue generating
Number of employees: 1-5
Short URL: vator.co/meditationworks
Referred by: Tech.co
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Meditationworks

Startup/business
usa
https://meditationworks.com
  • About
Company description
MeditationWorks helps corporations deal with chronic workplace stress by providing quick, 10 minute, onsite guided meditation sessions on a weekly basis, helping individuals manage stress and live happier lives, which in turn saves companies money. Since April 2016, we have served 75 customers and 2,500 meditators. Stress is a significant problem in the workplace, resulting in employee turnover, absenteeism, chronic health conditions, and decreased productivity, which are expensive to corporations and bad for employees. Meditation is proven to significantly reduce stress and employee costs in the workplace. Aetna saved $9 million in health care costs and experienced a boost of $3,000 of annual productivity per employee by simply adding meditation to their wellness efforts. However, meditation is hard to implement in the workplace because it’s difficult for an individual to learn by using an app or attending a workshop. Our corporate customers typically contract for three months of sessions one or two times per week, providing the service to their employees for free. Our total available market of U.S. companies is $1.6B annually.
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