Ginger was a San Francisco-based on-demand virtual mental healthcare company that delivered behavioral health coaching, therapy, and psychiatry services through a smartphone app. Spun out of the MIT Media Lab in 2011, Ginger served employers and health plans, combining text-based coaching with licensed therapists and psychiatrists. In August 2021, Ginger announced a merger with meditation app Headspace to form Headspace Health (later rebranded Headspace), a combined digital mental health company valued at approximately $3 billion at deal close.
Ginger has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2011
Total Funding
$220M
6 rounds
Latest Valuation
$1.1B
March 24, 2021
Total raised $220M across 6 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series E
Date
March 24, 2021
Amount
$100M
Valuation
$1.1B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| March 24, 2021 | Series E | $100M | $1.1B | Blackstone Growth |
| August 6, 2020 | Series D | $50M | — | Advance Venture Partners, Bessemer Venture Partners |
| September 4, 2019 | Series C | $35M | — | WP Global Partners |
Russell Glass
Former CEO (2018-2021)
Karan Singh
Co-Founder & COO
Anmol Madan
Co-Founder & CTO
Alex Pentland
Co-Founder
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Spring Health
AI-powered precision mental health benefits platform for employers and health plans offering therapy, coaching, and psychiatry.
Lyra Health
Behavioral health benefits provider offering personalized mental health and substance use care for employers and health plans.
Modern Health
Global workplace mental health platform delivering one-on-one therapy, coaching, group sessions, and self-guided resources to employers.
Talkspace
Online therapy platform offering text, video, and audio messaging therapy with licensed therapists for individuals, teens, and employers.
BetterHelp
Online counseling subsidiary of Teladoc Health providing access to licensed therapists via messaging, phone, and video.
AbleTo
Virtual behavioral health provider (owned by UnitedHealth/Optum) delivering structured therapy and coaching for health plan members.
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