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Headspace has over 70 million users in more than 190 countries around the world.
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The app was launched in 2010 by Andy Puddicombe and Rich Pierson, and has since become one of the most popular meditation apps available.
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As of 2021, Headspace had raised over $200 million in funding and was valued at $1.2 billion.
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The app offers a variety of meditation and mindfulness exercises, including guided meditations, breathing exercises, and sleep sounds.
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Headspace also has a number of partnerships with companies and organizations, including Google, LinkedIn, and the NBA, to provide mindfulness training and resources to employees and members.
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In 2020, Headspace launched a new feature called "Headspace for Work," which provides customized mindfulness programs for companies and organizations.
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According to a study conducted by Headspace, regular meditation can lead to improvements in mental health, including reduced stress and anxiety, increased focus and productivity, and improved sleep quality.
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Headspace has also been shown to be effective in reducing symptoms of depression and anxiety in clinical studies.
Headspace Revenue and Usage Statistics
Headspace is a popular meditation app that offers guided meditation sessions, mindfulness exercises, and other mental wellness tools. The app has become increasingly popular in recent years, with millions of people around the world using it to improve their mental health.
In terms of revenue, Headspace has seen significant growth in recent years. The company reported $100 million in revenue in 2019 and is estimated to have generated over $150 million in 2020. The app's revenue is expected to continue growing in the coming years as more people prioritize their mental health and turn to meditation as a way to cope with stress and anxiety.
In addition to revenue, usage statistics for Headspace are also impressive. The app has been downloaded over 70 million times and has over 2 million paying subscribers. The company has also partnered with a number of high-profile brands, including Nike and Apple, to offer its services to even more people around the world.
Headspace key statistics
Headspace overview
| Launch date | 6 January 2012 |
| HQ | Santa Monica, California |
| Business Type | Private |
| Founders | Russell Glass (CEO), Andy Puddicombe (co-founder, advisor) |
| Industry | Meditation and wellness |
Headspace revenue
The Headspace app made an estimated $150 million in 2020, although most of its revenue in the future may come from commercial partnerships.
Headspace annual revenue 2016 to 2020 ($mm)
| Year | Revenue ($mm) |
|---|---|
| 2016 | 30 |
| 2017 | 40 |
| 2018 | 60 |
| 2019 | 100 |
| 2020 | 150 |
Headspace subscribers
In 2020, Headspace attracted two million paying customers.
Headspace annual subscribers 2017 to 2020 (mm)
| Year | Subscribers (mm) |
|---|---|
| 2017 | 0.4 |
| 2018 | 1 |
| 2019 | 1.3 |
| 2020 | 2 |
Headspace commercial customers
As the owner of the app refocused the platform to support enterprise usage, Headspace saw a 250% increase in its commercial customers in a single year.
Headspace annual commercial customers 2018 to 2021
| Year | Commercial customers |
|---|---|
| 2018 | 300 |
| 2019 | 420 |
| 2020 | 600 |
| 2021 | 2,100 |
Headspace Downloads
Over 65 million people have downloaded Headspace, with the majority of those downloads taking place in the last three years.
Headspace cumulative downloads 2016 to 2021 (mm)
| Year | Downloads (mm) |
|---|---|
| 2016 | 6 |
| 2017 | 18 |
| 2018 | 40 |
| 2019 | 50 |
| 2019 | 420 |
| 2020 | 60 |
| 2021 | 65 |
Headspace valuation
The recently united Headspace and Ginger company, Headspace Health, was valued at $3 billion.
Headspace valuation 2015 to 2021 ($mm)
| Year | Valuation ($mm) |
|---|---|
| 2014 | 50 |
| 2017 | 250 |
| 2018 | 320 |
| 2018 | 3000 |
Headspace Funding
Since its debut, Headspace has received a total of $215 million in investment.
Headspace cumulative funding 2015 to 2020 ($mm)
| Year | Funding ($mm) |
|---|---|
| 2015 | 38 |
| 2017 | 75 |
| 2020 | 215 |
Headspace FAQ
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Is Headspace free?
Headspace offers a free trial period of 7 days, after which you will need to subscribe to continue using the app. There are various subscription options available for individuals, families, and businesses.
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What types of meditation does Headspace offer?
Headspace offers a variety of meditation sessions that are designed for different purposes, such as stress reduction, sleep, focus, and creativity. They also offer sessions for specific situations, such as travelling, commuting, or taking a break at work.
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How long are the meditation sessions?
Headspace offers meditation sessions that range from 1 minute to 60 minutes in length. Users can choose the length of their session based on their needs and availability.
