Investment

Deal of the Week: Family capital backs meditation platform

A group of investors, including family offices, have ploughed close to $50 million into a Santa Monica-based meditation training platform. 

Shari Redstone-backed venture group Advancit Capital and Edgar Bronfman’s Waverley Capital are among a group of six investors committing $47.6 million in a Series C round for Headspace. 

Headspace, which describes itself as a digital health platform that provides guided meditation sessions and mindfulness training, has attracted more than $200 million in funding since it was founded ten years ago. 

Other backers in the latest round include Blisce, the family office of French/US entrepreneur Alexandre Mars, together with The Chernin Group, which represents the investment interests of US entrepreneur Peter Chernin. Both groups had backed Headspace in early rounds. 

Other principal investment offices have backed Headspace in early rounds, including Elisabeth Murdoch’s London-based Freelands Ventures, and Jim Breyer’s Breyer Capital. Headspace has also attracted celebrity investors – with Jessica Alba and Jared Leto backing the group five years ago. 

Subscribe

You will need a Premium Plus Subscription to access this database.

Exclusive news, analysis and research on global family enterprise and private investment offices.

Access to the most comprehensive fully interactive database on global family offices, principal investment offices, and family enterprises.

Check Deal Data, Senior Staff, and New Analysis on more than 500 family/principal investment and holding groups

Already have an account? Login

Subscribe

You need at least a Premium Subscription to read this article.

The most comprehensive information service on the global family enterprise world, featuring exclusive news, analysis, research and data on global family enterprises, family offices, and private investment offices.

Premium

£ 299

Annually

  • Exclusive reports, analysis and commentary
  • Exclusive access to family/private investment office deal information
  • Exclusive interviews with principals and senior management of family/investment offices
Subscribe now

Premium Plus

£ 399

Annually

  • Access to All of Premium
  • Access to all of FamilyCapital Analytics, our interactive database with more than 500 detailed profiles of family investment groups

More Info

Subscribe Now

Already have an account? Login

Subscribe

Exclusive news, analysis and research on global family enterprise and private investment offices.

Membership

Free

  • Exclusive reports, analysis and commentary
Sign up

Premium

£ 299

Annually

  • Exclusive reports, analysis and commentary
  • Exclusive access to family/private investment office deal information
  • Exclusive interviews with principals and senior management of family/investment offices
Subscribe now

Premium Plus

£ 399

Annually

  • Access to All of Premium
  • Access to all of FamilyCapital Analytics, our interactive database with more than 500 detailed profiles of family investment groups

More Info

Subscribe Now

Already have an account? Login

Leave a Reply