Calm is a software company that produces meditation products, including guided meditations and Sleep Stories. It is best known as a meditation, sleep and mental wellness app, available in both the App Store and Google Play store.

Calm provides applications with hundreds of programs for intermediate and advanced users to relax their minds.

Calm was founded in 2012 by Michael Acton Smith & Alex Tew and is based in San Francisco, California.

Calm's mission is to make the world happier and healthier by developing a range of digital and physical products that enhance mental fitness and alleviate some of the most important mental health issues of the modern age (anxiety, depression, insomnia and stress).

Calm produces meditation products, including guided meditations, a book, narrated Sleep Stories, and health and meditation videos. Their primary product is the meditation app, available on iPhone and Android devices.

 

Calm boasts over 100 million downloads to date, averaging 100,000 new users daily. The company has 4 million paying members. 

 

Calm is backed by Lightspeed Venture Partners, TPG Growth, Insight Partners, Sound Ventures, Marc Benioff, CAA Ventures and many others. The company raised $75M in a Series C round on Dec 08, 2020. This brings Calm's total funding to $218M to date. The latest round valued the company at $2B, up from its previous $1B valuation gained in Jul 2019. Calm has also made a $3M investment in XpresSpa Group on Nov 13, 2019. 

 

Calm was Apple's "App of the Year" in 2017, and was ranked by Inc. as one of the fastest-growing private companies in America in 2018. The app has more than 40 million downloads.

 

 

  • Year founded: 2012
  • Funding Info: $218M over 7 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $2B as of Dec 08, 2020
  • City/Town: San Francisco
  • State: California
  • Country: United States
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