Calm purchased Ripple Health on Feb. 2. The terms of the sale were not disclosed.
In addition to the build out of that suite of services, to be called Calm Health, the deal allows for the integration of those services into current healthcare technology and standards of care, Carolyn Merell, global head of communication and public relations for Calm, wrote in an email to Becker’s.
“Expanding into Calm Health and the health care space will allow us to reach many, many more people and make service available at different price points,” Micheal Acton Smith, CEO and co-founder of Calm, told CNBC.
The partnership aims to address clinical mental health challenges as well as advocating for people’s overall mental wellbeing, according to the article.
Calm Health will replace Calm for Business, which gave businesses’ access to Calm services for its employees.
Ripple CEO David Ko will serve as co-CEO of the new company along with Smith.
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