Originally founded as an events company in 2010, Headspace has become one of the most popular meditation and mindfulness apps in recent years. With the increasing demand for meditation applications due to coronavirus pandemic, it has increased in popularity and has become one of the most downloaded apps.
In this article, we will include the most up-to-date revenue and usage data of the Headspace app.
Headspace Company Overview
- Founders: Andy Puddicombe, Richard Pierson
- Founded Date: May, 2010
- Headquarter: Santa Monica, California, United States
- Number of Employees: 400+
- Crunchbase Profile: Profile Link
- Google Play: Store Link
- App Store: Store Link
Headspace Revenue Statistics
- For the first quarter of 2023, Headspace generated around $15 million in in-app purchase revenues worldwide, up 7.5% compared to the previous quarter.
- In August 2021, Headspace and Ginger announced that they will merge into one company in a deal valuing the combined company at $3 billion. The deal were closed in October 2021.
Total Funding Raised | |
2020 | $215.9 million |
2017 | $75 million |
2015 | $38 million |
2014 | $4 million |
Headspace Valuation
The merger deal with Ginger in August 2021 valued the combined company at $3 billion.
Headspace Valuation | |
2021 | $3 billion |
2018 | $320 million |
2017 | $250 million |
2014 | $50 million |
Headspace Usage Statistics
- Headspace was selected as one of the 5 best meditation apps of 2023 and the best Android meditation app of 2023 by Mobile Marketing Reads.
- In Q1 2023, Headspace had 1.75 million downloads worldwide, up 20.6% from the 1.34 million downloads of the previous quarter. (Statista)
- As of August 2021, Headspace has 70 million members around the world across all platforms.
- During the U.S. presidential election, Headspace saw a around 30% week-over-week increase between November 3 to November 5.
- As of February 2020, the Headspace app has had 2 million paid subscribers and over 600 businesses. (Techcrunch)
- In May 2023, the Headspace app was downloaded by 497,147 times and ranked #4 among the leading health and meditation apps worldwide.
Frequently Asked Questions
What is Headspace?
As known as “the meditation app for modern life”, Headspace is one of the most popular mindfulness, sleep, and meditation apps. The Headspace app provides you courses to learn techniques for dealing with stress and anxiety, relaxing sleep music, sleepcasts, meditations, and more. The free to download meditation app helps you to have short, mini meditations for your busy schedule in business life.
What does Headspace do?
Headspace app is designed to help people relax and deal with stress and sleep disorders even if they have never meditated before and don’t know where to start. The popular meditation app also helps users to form a habit and to improve-self esteem with 10-minute meditation sessions.
What differentiate Headspace app from the other meditation apps is its truly-scientific base and approach. The Headspace app has a science department that runs NIH and ERC-funded clinical trials, research and publish scientific studies that show the impact of Headspace app on outcomes such as stress, focus, and compassion.
What is Headspace Plus?
Headspace Plus is the Headspace app’s paid subscription where users are offered more courses on specific topics like stress and sleep, one-off exercises, physical activities, Focus Mode, and more.
Headspace Plus Pricing
Annual – first 2 weeks free: $69.99/year
Monthly – first 1 week free: #12.99/month
What is Spotify Headspace?
The Spotify + Headspace bundle offers a 3-month free Headspace if you get a subscription to Spotify Premium. After 3 months, users will be charged a combined price of £14.99 a month for both.
The Spotify Headspace bundle is currently available in Sweden, Denmark, Norway, Finland, Netherlands, and the United Kingdom.
What is ‘Headspace on Snapchat’?
Snapchat offers the Headspace Mini app that consists of six meditation sessions that are roughly six minutes long in different themes.
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