Headspace Health CEO Russ Glass on VatorNews podcast

Kristin Karaoglu · August 26, 2021 · Short URL: https://vator.tv/n/52f5

Headspace's resilience brand and Ginger's clinical heft create mental health powerhouse

Bambi Francisco Roizen sits down with Russ Glass, CEO of newly-formed Headspace Health, the combination of Ginger, a provider of on-demand coaching, therapy and psychiatry for people struggling with their mental health, and Headspace, a popular meditation app. The new company is valued at $3 billion and is estimated to have a combined booking of $300 million by end of this year. 

Some takeaways...

--The new Headspace Health will have a combined 800 employees and will be headquartered in Santa Monica

--With the combination, Ginger has shown it's priority is prevention and resilience. About 90% of Ginger users are sub-clinical already and Headspace Health will only expand that population.

--The company will have 2900 customers, mostly self-insured employers. Ginger brings 700 corporate customers while Headspace brings 2200.

-- There are about 200 companies that use both Headspace and Ginger, so there will be ample opportunity to upsell.

-- Ginger's adoption inside corporations is about 12% whereas Headspace adoption is 25-40%. Engagement is about three months on Ginger. Headspace is longer, and some engage with Headspace 25 times a month.

-- Both Ginger and Headspace charge per employee, per month. Headspace being a much lower price point.

Thanks to our sponsors: Advsr; a boutique M&A advisory firm. They wrote the book on startup M&A called "Magic Box Paradigm: A framework for startup acquisitions." Go to Amazon.com to get your copy. Also thanks to Stratpoint, an outsourced engineering firm and Scrubbed, an online bookkeeping firm. If you need affordable and quality engineering and bookkeeping, check them out. We highly recommend them! 


Image Description

Kristin Karaoglu

Woman of many skills: Database System Engineer; SplashX event producer; Author of Startup Teams

All author posts

Support VatorNews by Donating

Read more from our "Podcast" series

More episodes

Related Companies, Investors, and Entrepreneurs


Russell Glass

Joined Vator on