# Wave Meditation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/wave-meditation

- Industry: Software
- Headquarters: New York, US
- Website: www.wavemeditation.com
- Total disclosed funding: $5.7M
- Latest round: Seed (Jul 16, 2019)
- Investors on record: 4

## About

Wave Meditation Inc. is a wellness company focused on providing digital mindfulness and meditation resources to enhance mental well-being and promote relaxation through a user-friendly subscription platform.Wave Meditation Inc. develops a digital platform that offers mindfulness and meditation resources. Founded in 2018, the company is headquartered in New York, US. In July 2019, they raised USD 5.65 mn in a Seed round from investors including CrossLink Capital and Lerer Hippeau Ventures. The total amount raised by the company is USD 5.65 mn.Wave Meditation primarily offers a subscription-based digital platform that grants users access to guided meditation sessions, mindfulness exercises, and educational articles aimed at stress reduction and emotional regulation. The platform is designed for accessibility across devices, catering to both beginners and experienced practitioners in North America, Europe, and parts of the Asia-Pacific region, including individuals and corporate clients.Wave Meditation generates revenue through a subscription model with tiered pricing plans for users. Customers can select monthly or annual subscriptions for access to the platform's library of resources. The company may partner with wellness centers and corporations for bulk subscription sales, achieving revenue through both direct-to-consumer and B2B arrangements.Following the recent Seed funding of USD 5.65 mn raised in July 2019, Wave Meditation plans to enhance its offerings by developing new products aimed at improving user engagement. There are intentions to expand into new markets, especially in regions with increasing demand for wellness solutions. The funding will support product development and marketing efforts to facilitate their growth strategy.

## Funding rounds

- Seed, Jul 16, 2019, $5.7M — Crosslink Capital, Lerer Hippeau Ventures, Ludlow Ventures, Collaborative Fund

## Investors

- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Seed
- Lerer Hippeau Ventures — Seed
- Ludlow Ventures (https://capitalatlas.ai/funds/ludlow-ventures) — Seed
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
