What you should know:
– This day, headspace healththe world’s most comprehensive digital mental health provider, today announced its acquisition of Shine app, a wellness and mental health platform dedicated to providing a more representative and inclusive mental health experience for the BIPOC community.
– Founded in 2016, the Shine app serves more than 45,000 paid subscribers and has reached more than six million people by offering self-guided content, including daily meditations, self-care courses and personalized support, as well as virtual workshops hosted by third parties . experts and the inclusive Shine community. In addition to its D2C business, Shine has 90 enterprise customers through its Shine at Work platform who will have the opportunity to transition to the Headspace for Work platform.
– As part of the acquisition, Headspace Health will add Shine co-founders Marah Lidey and Naomi Hirabayashi to its team along with an experienced team of Shine marketing and customer success leaders and engineers. The finanacial terms of the contract were not disclosed.
