Golden
Calm (company)

Calm (company)

Health technology startup based in San Francisco and founded in 2012 produces an app for mindfulness and wellness.

Calm provides guided meditations aimed to help manage anxiety, lower stress and sleep better. Calm also provides Sleep Stories, tales read by well-known voices that help people that are claimed to be soothing and help people fall into a deep sleep. Calm Body includes guided video lessons of gentle stretching and mindful movement claimed to release tension and recharge the mind. Calm Music includes original compositions, nature sounds, white noise and other music tracks aimed to assist with focus, relaxation or sleep. Calm is partnered with XpresSpa at major US airports.

Calm was named Apple’s iPhone App of the Year in 2017.The Calm app is free to use but costs $60 per year for full subscriptions to the complete library of meditation, music and sleep content.

Co-founder Michael Acton Smith previously created Mind Candy, a video game company and co-founder Alex Tew is a serial entrepreneur.

Outside of digital offerings, the company sells a sleep mist designed to spray on a pillow to accompany the bedtime story. A book called “Calm” was published by Smith in 2016 and he told CNBC that other physical products such as books, clothing and potentially a Calm Hotel were part of the company’s vision.

Timeline

February 6, 2019

Calm Raises $88M and becomes a unicorn

Calm raises $88 million in a Series B financing, valuing the company at $1 billion USD. The funding round was led by TPG Growth and also included participation from Creative Artists Agency (CAA) and previous investors Insight Venture Partners and Sound Ventures. The round at the time brought the total funding to $116M.

People

Name
Role
Related Golden topics

Aaron Hirschhorn

Investor

Adam Mosam

Investor

Adam Wildavsky

Investor

Alex Ikonn

Investor

Alex Lyashok

Investor

Alex Moskalyuk

Investor

Alex Tew

Co-Founder

Alexander Will

Employee

Amit Khanna

Attorney

Andre Carothers

Investor

Andrew Crichton

Investor

Andy Jagoe

Investor

Andy McLoughlin

Investor

Anson Whitmer

Employee

Ashees Jain

Investor

Barrie Heptonstall

Investor

Bart Lorang

Investor

Ben Dowling

Employee

Bill Sheppard

Investor

Bob Haya

Investor

Brad Feld

Investor

Bradley Caldwell

Investor

Brent Vincent

Investor

Carl Fritjofsson

Investor

Casey McKerchie

Employee

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