Employer-focused digital mental health company LifeSpeak announced its plans to buy wellness platform Wellbeats for $92.5 million.
This news comes roughly a year and a half after LifeSpeak scored $42 million in equity investment.
Wellbeats is focused on providing virtual fitness, nutrition and mindfulness courses to its members. The service is able to personalize its recommendations for each user based on their interest, goals and abilities.
Like LifeSpeak, the company works with employers and their HR teams to provide its services to their workforce. Additionally Wellbeat’s clients include health plans, insurers, brokers and consultants. Read more.
