Calm is a digital wellness platform designed to help individuals and organizations manage stress, sleep, and emotional well-being through guided meditations, music, and mindfulness programs. Its mobile app provides science-backed relaxation tools, including sleep stories, focus music, and breathing exercises, catering to millions of users worldwide. Available on Android and iOS, Calm also extends its impact through Calm for Business, providing enterprise-level mental health solutions for employees of global brands.
What Is Calm and What Does It Do?
Calm, founded in 2012 by Alex Tew and Michael Acton Smith, is a San Francisco-based (United States) mental wellness technology company.
Calm employs around 290 people and offers digital tools for meditation, relaxation, and sleep improvement. Through its app, users can access guided meditations, sleep stories, breathing programs, and mood stabilization exercises.
Calm’s mission is to make the world happier and healthier by combining mindfulness with modern technology to help users improve mental well-being in their daily lives.
How Much Funding Has Calm Raised?
- Series C
• Amount Raised: $75 million
• Date: December 2020
• Lead Investors: Lightspeed Venture Partners
• Motivation: To accelerate global growth, expand business partnerships, and enhance Calm’s content offerings amid rising mental health demand. - Series B (Second Tranche)
• Amount Raised: $27 million
• Date: July 2019
• Lead Investors: Lightspeed Venture Partners
• Motivation: To grow Calm’s enterprise and consumer wellness initiatives. - Series B (First Tranche)
• Amount Raised: $88 million
• Date: February 2019
• Lead Investors: TPG Growth
• Motivation: To expand internationally and strengthen Calm’s position in digital mindfulness markets. - Series A
• Amount Raised: $27 million
• Date: June 2018
• Lead Investors: Insight Partners
• Motivation: To scale operations, enhance app performance, and expand Calm’s library of wellness content. - Seed Round
• Amount Raised: $578K
• Date: June 2014
• Lead Investors: LAUNCH
• Motivation: To improve app functionality and boost user acquisition. - Seed Round
• Amount Raised: $465K
• Date: February 2013
• Motivation: To develop the first version of the Calm app and bring it to market. - Grant (Prize Money)
• Amount Raised: $398K
• Date: March 2021
• Motivation: To support expansion and innovation in Calm’s wellness programs.
Total Funding Raised: $225 Million
Current Valuation: $2 Billion (as of December 2020)
Latest Funding Date: March 2021
Key Investors
- Lightspeed Venture Partners
• Details: A global venture capital firm investing in early- and growth-stage startups.
• Investment Focus Areas: Consumer tech, health, and enterprise SaaS.
• Notable Investments: Snapchat, Nest, and Calm. - TPG Growth
• Details: The growth equity and mid-market investment platform of TPG Capital.
• Investment Focus Areas: Technology, healthcare, and consumer brands.
• Notable Investments: Airbnb, Spotify, and Uber. - Insight Partners
• Details: A New York–based private equity and venture capital firm focusing on growth-stage software and internet companies.
• Investment Focus Areas: Software, healthcare, and AI.
• Notable Investments: Twitter, Shopify, and Wix. - LAUNCH
• Details: An early-stage venture capital firm founded by Jason Calacanis.
• Investment Focus Areas: Technology startups and consumer applications.
• Notable Investments: Uber, Wealthfront, and Calm. - Marc Benioff
• Details: CEO of Salesforce and tech investor with a focus on technology and social impact ventures.
• Investment Focus Areas: Cloud software, social innovation, and wellness tech.
• Notable Investments: Twitter, SpaceX, and Calm.
Where Is Calm’s Headquarters?
Calm is headquartered in San Francisco, California, United States, a global innovation hub for technology and wellness startups. The city’s vibrant ecosystem of digital health and consumer tech companies supports Calm’s growth strategy, enabling collaborations with top investors and partners in mindfulness, healthcare, and digital wellness industries.
What’s Next for Calm?
Calm is positioned to expand its presence in the corporate wellness and healthcare markets, focusing on partnerships with organizations like Kaiser Permanente and American Express. The company plans to integrate AI-driven personalization to provide customized mindfulness experiences for individuals and employees. With over 10 million covered lives through Calm for Business, Calm aims to become the world’s most trusted brand for digital mental health and emotional well-being.
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