Tech Moves: Brainbase Beefs Up C-Suite; Headspace Adds Former Quickbook Exec

Tech Moves: Brainbase Beefs Up C-Suite; Headspace Adds Former Quickbook Exec

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Today:

  • Rights Management Platform Brainbase Beefs Up C-Suite, Following $8M Raise
  • Former QuickBook Executive to Lead Headspace's International Operations as Global Audience Grows

    Headspace Adds Former QuickBook Executive as Global Audience Grows     

    Headspace makes meditation app free for the nation's 23 million unemployed Shutterstock

    In the world of meditation, there is no time like the present. That's especially true for Santa Monica, Calif.-based Headspace.

    The mindfulness and meditation company, with more than 65 million users in 190 countries, has seen its consumer product's downloads double since March, which was the same month the World Health Organization declared the novel coronavirus a global pandemic.

    Headspace for Work, its corporate mental health offering, has also seen a 500% increase in interest, as companies like Tesco, Hewlett Packard Enterprises and Publicis signed on. Europe has become the fastest-growing region for such corporate partnerships worldwide.

    That global growth led Headspace to announce Tuesday plans to expand its executive staff, appointing Jolawn Victor to the newly-created role of chief international officer.

    "The need for mindfulness and meditation to mitigate stress and anxiety to care for our mental health, is more prevalent now than ever," said CeCe Morken, president and COO of Headspace, in a statement. "Whether we are reaching members through our work-place solutions, or the curated content in-language, we are more committed than ever to our goal of making mindfulness accessible to all, regardless of where they may be."

    Victor, who is London-based, previously worked at Intuit QuickBooks where she served as the head of emerging markets and global expansion and led operations across 150 countries. Victor has also worked at PepsiCo, Kraft and General Mills. She said in a statement that she is thrilled to "help increase the awareness of mental health and wellness in existing and emerging markets" especially today.

    The stats tell the tale of stress, anxiety and isolation that has brought users to Headspace.

    Since mid-March through the end of May, Headspace reports it saw live group meditation up by 70%, 10 times the numbers of users beginning the company's stressed meditation program and 12 times the users doing a "reframing anxiety at-home" workout. Headspace also found a 33% increase in sleep music usage.

    Earlier this year, the meditation company announced a Series C funding raise of $93 million with an extension of $47.7 million that Headspace said it applied this June.

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    Rights Management Platform Brainbase Beefs Up C-Suite, Following $8M Raise

    Brainbase

    Brainbase, an L.A.-based tech company aiming to simplify and streamline the management of intellectual property like copyrights and patents, announced two executive hires on Tuesday. The moves follow the company's $8 million Series A in May, led by Bessemer Venture Partners and Nosara Capital.

    Gautam Godse, former vice president of product at Glendale-based LegalZoom, which offers technology to replace lawyers for some legal tasks, is now Brainbase's senior vice president of product. He is charged with expanding Brainbase's product suite to help brands further monetize their intellectual property.

    "There is a tremendous opportunity to modernize the intellectual property space using advanced machine learning and AI techniques," Godse said in a statement. "I am excited to join the team and start building these new product experiences in the legal tech industry."

    Henri Kroosmann, the former engineering manager at enterprise sales software provider Pipedrive joins Brainbase as vice president of engineering. He will focus on optimizing the product, recruiting engineers and positioning the company for long-term growth.

    "I want to use my experience to take the company to the next level in terms of quality, scalability and performance," Kroosmann said.

    Brainbase is helmed by mid-20s wunderkind Nate Cavanaugh, who called this moment "an important inflection point for the company." It counts among its clients BuzzFeed, the Vincent Van Gogh Museum and Sanrio (of Hello Kitty and friends fame).

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    It's never been a better time to "murder your thirst."

    Seven months after raising more than $9 million in Series A funding, Santa Monica-based canned water startup Liquid Death has raised $23 million in Series B funding.

    The round was led by an unnamed consumer-focused family office and participated in by Convivialité Ventures, Fat Mike (NOFX), Pat McAfee, existing investor in Velvet Sea Ventures and others.

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    Valence, a tech platform and professional network launched last year that connects Black founders, announced its inaugural funding network Thursday. The list includes investors at top firms including Sequoia Capital, Accel and Upfront Ventures.

    "For years, Black entrepreneurs have been told that Silicon Valley is a meritocracy, but at the same time most haven't had access to the top networks, the warm introductions, and the mentorship that underpin lasting success in tech. Valence is upending this completely by bringing the top VCs to compete for the best Black entrepreneurs." said Valence co-founder and general partner at Upfront Ventures, Kobie Fuller. "We want to even the playing field with the goal of exponentially growing the number of Black-owned startups that get funded."

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