Russell Glass is the CEO of Headspace
Russell Glass, CEO of Headspace Health.
  • The mental health market is due for more deals as startups contend with a tight funding environment.
  • Some startups appear to be preparing to go public, while others may be clamoring for a buyout.
  • Analysts predict these startups could get bought, make acquisitions, or IPO in the next year.

This year could bring a reckoning for mental health startups.

It's been three years since the mental health market surged to all-time highs. Behavioral health startups grabbed $5.1 billion in 2021, $3.3 billion more than any other clinical indication in healthcare that year, according to Rock Health.