On July 26, 2023, Oxford Finance, a leading specialty finance firm providing senior debt to healthcare and life sciences companies worldwide, announced the closing of a $105 million senior debt facility with Headspace, a pioneering digital healthcare company. Proceeds from the transaction will be used to further support the expansion of Headspace's innovative mental health platform. Additionally, the investment will enable Headspace to be opportunistic in investing in areas where it sees market need.
Wilson Sonsini Goodrich & Rosati represented Headspace on the transaction. The Wilson Sonsini team includes Dana Hall, Melissa Rick, Joe Catapano, Katie Barnes, Peter Bratton, and Jing Zhang.
For more information, please see the press release.