waverley capital

waverley capital

On this episode of the L.A. Venture podcast, sit down with Daniel Leff, the founder and managing partner of Luminari Capital, as well as the co-founder and managing partner of his latest fund, Waverley Capital.

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Headspace raised $93 million in debt and equity as the Santa Monica-based mindfulness company aims to fend off competition from rivals like Calm by growing globally as it pursues ambitious plans to launch the first FDA-approved meditation app.

The company, which is riding the wave of wellness as everyone from Wall Street traders to school teachers embrace meditation for health, announced Wednesday that it will pump funds into their direct-to-consumer business, where revenue has doubled year-over-year from 2017 to 2019.

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