# Calm.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/calm-com

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.calm.com
- Total disclosed funding: $156M
- Latest round: Series C (Dec 10, 2020)
- Investors on record: 7

## About

Calm.com, Inc. is a mental health application dedicated to enhancing user well-being through innovative sleep, meditation, and relaxation solutions designed to alleviate stress and anxiety for a global audience.Founded in 2012 in San Francisco, US, Calm.com, Inc. specializes in providing mental health resources through its application. The company has undergone various strategic enhancements, focusing on expanding its service offerings. The founders of Calm include Alex Tew, David Ko, Mahyar Karoubian, Michael Smith, and Yoshihisa Nakamura. The current CEO is David Ko. Calm has successfully completed 6 funding deals, with its most recent round being a Series C funding on December 10, 2020, raising USD 39.50 mn led by Lightspeed Venture Partners alongside Goldman Sachs Merchant Banking Division, Insight Partners, and TPG. The total amount raised to date is USD 39.50 mn, with a current company valuation of USD 1,800.94 mn.Calm is a mental health application primarily focused on improving user well-being through sleep, meditation, and relaxation techniques. Its core offerings include a vast library of over 500 Sleep Stories®, soundscapes, guided meditations, and breathing exercises designed to help users manage stress, anxiety, and sleep difficulties. The app also features curated programs, such as the '7 Days of Calm' and '21 Days of Calm,' which provide structured pathways for users to establish effective meditation practices. Calm serves a diverse clientele, including individuals seeking personal mental health support, families utilizing the app for children, and corporate partners integrating Calm’s resources into employee wellness programs. The application is accessible globally, catering to users across multiple geographical markets, including North America, Europe, and Asia, available on various platforms such as iOS, Android, and web.Calm generates revenue primarily through its subscription model, offering users a yearly subscription priced at USD 79.99, which grants unlimited access to its comprehensive library of products and services, including all meditations, Sleep Stories®, and exclusive music tracks. Transactions occur directly between Calm and its users, with subscriptions automatically renewing each year unless canceled. The app's flagship offering, the Sleep Stories®, serves as a significant attraction for customers and is targeted towards both adults and children. Additionally, Calm has the capability to form partnerships with organizations, providing tailored solutions for employee wellness, thereby expanding its revenue streams beyond direct consumer subscriptions.In December 2020, Calm.com, Inc. raised USD 39.50 mn in Series C funding led by returning investor Lightspeed Venture Partners, with participation from other returning investors Insight Partners and TPG, alongside new investor Goldman Sachs Asset Management. The funding will be utilized to grow its business globally and expand its footprint in the employer health market. Calm aims to introduce new products and enhance its services, specifically targeting expansion into additional markets in North America, Europe, and Asia over the next few years.

## Funding rounds

- Series C, Dec 10, 2020, $40M — Lightspeed Venture Partners, TPG, Insight Partners, Goldman Sachs Asset Management
- Series B, Jul 1, 2019, $27M — Lightspeed Venture Partners, TPG
- Series B, Jan 30, 2019, $83M — TPG, Insight Partners, Sound Ventures, Connect Ventures
- Series A, Feb 27, 2018, $6.1M — Insight Partners, Sound Ventures, Elefund

## Investors

- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A, Series B, Series C
- Sound Ventures (https://capitalatlas.ai/funds/sound-ventures) — Series A, Series B
- Elefund (https://capitalatlas.ai/funds/elefund) — Series A
- TPG (https://capitalatlas.ai/funds/tpg) — Series B, Series C
- Connect Ventures — Series B
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Series B, Series C
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series C