Headspace Health has acquired Sayana, an AI-powered psychological well being and wellness firm, for an undisclosed quantity. Headspace Well being says the acquisition of the San Francisco-based firm will increase its skill to supply customized self-care to its customers. The acquisition comes as Headspace and Ginger merged last year to type Headspace Well being, which is valued at $3 billion. The merger introduced Ginger’s remedy and training choices along with Headspace’s mindfulness and meditation companies.
Based in 2018 and backed by Y Combinator in 2020, Sayana leverages chat-based classes with an AI persona that encourages customers to trace their moods. The app personalizes customers’ experiences primarily based on their temper tendencies and suggests self-care and respiratory workouts. The corporate’s sleep app helps customers get restful sleep classes primarily based on their temper and sleep patterns.
Headspace Well being CEO Russel Glass informed TechCrunch in an interview that Sayana’s apps will proceed to function for a time period whereas Headspace Well being integrates their core capabilities into the Headspace and Ginger expertise. As soon as the mixing is full, the corporate will flip off Sayana as a separate expertise and transfer customers over into Headspace Well being.
“Sayana created a novel, member-driven expertise and as we take into consideration the way forward for what we’re making an attempt to do, it matches elegantly into the Headspace Well being imaginative and prescient of a world the place you possibly can help the total continuum of care, no matter the place any person is within the psychological well being continuum,” Glass mentioned. “One of many issues we’ve seen throughout the pandemic is simply how many individuals proceed to wish help, so we have now to maintain centered on innovation. We have now to make sure that we will automate components of the psychological well being continuum and ship customized self-care content material to those that have a necessity, and that’s the place this acquisition is so thrilling.”
Headspace Well being is targeted on creating an built-in expertise to supply psychological well being assist starting from prevention to medical care, all from one platform that’s backed by AI and knowledge science. With the addition of Sayana, Headspace Well being plans to advance its functionality to personalize experiences by providing assist and companies primarily based on customers’ check-ins.
Glass acknowledged that Headspace and Ginger are already leveraging AI to help their crew of behavioral well being coaches, therapists and psychiatrists to make sure high quality interactions with customers, complete monitoring of companies and shut collaboration amongst care suppliers. He outlined that including Sayana’s functionality to know a person’s wants in a very automated manner by way of a sturdy chatbot expertise will destigmatize experiences and provide extra customized and efficient care.
As a part of the acquisition, Sayana founder and CEO Sergey Fayfer is becoming a member of Headspace Well being and is taking over a product management position inside the firm.
“Since our inception, we’ve been on a mission at Sayana to place accessible self-care in everybody’s pocket,” Fayfer mentioned in a press release. “We’re thrilled to convey collectively our expertise, engineering and design experience to assist advance Headspace Well being’s efforts to democratize high-quality, reasonably priced psychological healthcare around the globe.”
When it comes to the long run, Glass says Headspace Well being plans to proceed to increase to satisfy the rising wants of look after psychological well being. The corporate’s objective is to be probably the most accessible and complete platform by decreasing the price of care as a lot as potential. He outlined that Headspace Well being will proceed to innovate to make sure that it may possibly scale back the price of care, whereas conserving the standard of care as excessive as potential. Glass famous that that is going to require Headspace Well being to be aggressive when it comes to the way it thinks about each inorganic development methods and natural development methods.
“We are going to proceed to deal with the employer panorama. You’ll see us persevering with to announce new well being plan and supplier partnerships, there will probably be plenty of these within the coming months,” Glass mentioned. “We’ll proceed to deal with youth as an enlargement space for us. You’ll proceed to see us innovate. We’re spending loads on analysis and improvement and can proceed to be acquisitive as we see alternatives so as to add platforms like Sayana to our platform over time.”