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Headspace, Inc.: Business Overview, Financials & Competitive Analysis

Headspace is a digital mental health company that provides guided meditation, mindfulness, and online therapy services through its mobile app and website. In 2024, Headspace reported estimated revenue of approximately...

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Headspace, Inc. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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7/ 10Strong

Cyborg Score thesis

Market-leading digital mental health platform with multi-channel revenue streams and clinical credentials, but facing competitive...

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Industry Digital mental health platforms
3 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: June 29, 2026
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Headspace, Inc. Overview

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Headspace is a digital mental health company that provides guided meditation, mindfulness, and online therapy services through its mobile app and website. In 2024, Headspace reported estimated revenue of approximately US $348.4 million, representing over 24% year-on-year growth. The all-in-one app delivers personalized support — from AI-powered guidance to meditation and mindfulness, coaching, and therapy — all designed to fit seamlessly into daily life.

Strategic Profile

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Since merging with Ginger in 2021, Headspace has steadily expanded beyond meditation, offering text-based mental health coaching, clinical therapy, and employer wellness programs. The company partners with employers, health plans, and organizations to extend mental health care to their communities, offering additional services including psychiatry, EAP, care navigation, and work-life resources. In March 2024, Headspace introduced Headspace XR, a mindfulness app that employs mixed and virtual reality to aid users in strengthening their mind-body connection through breathwork and movement.

Competitive Landscape

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Top competitors include Spring Health, SonderMind and Calm. Headspace is one of the leading meditation and wellness apps, ranking in the top 50 health and fitness apps as one of the most popular and top grossing wellness apps on the market. Despite momentum, Headspace faces growing pressure from emerging AI wellness assistants, corporate mental health platforms, and rising expectations for measurable, personalized outcomes.

Industry Context

Headspace, Inc. operates in Digital mental health platforms.

Key facts

Founded: 2010 · Headquarters: Santa Monica, US · Revenue: $348.4M (2024)

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Recent developments

Material events tracked by the AskCyborg corpus.

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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

CalmLeading meditation and sleep app with millions of subscribersSpring HealthAI-powered mental health platform for enterprisesSonderMindTherapy and psychiatry platform for mental health care

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Industry context

Headspace, Inc. operates in Digital mental health platforms. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Headspace, Inc. do?+
Headspace is a digital mental health company that provides guided meditation, mindfulness, and online therapy services through its mobile app and website. In 2024, Headspace reported estimated revenue of approximately...
What is Headspace, Inc.'s Cyborg Score?+
Headspace, Inc. has a Cyborg Score of 7/10 (Strong). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Headspace, Inc.'s main competitors?+
Named competitors include Calm, Spring Health, SonderMind. The full competitive landscape is in the AskCyborg report.
How can I get the full Headspace, Inc. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Headspace, Inc. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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