Calm

Calm

Mindfulness meditation app for mental wellness

About Calm

Simplify's Rating
Why Calm is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Consumer Software

Healthcare

Company Size

501-1,000

Company Stage

Series C

Total Funding

$221.6M

Headquarters

San Francisco, California

Founded

2012

Overview

Calm offers a mindfulness meditation app aimed at helping users manage stress, improve sleep, and enhance overall well-being. The app features a variety of original audio content, including guided meditations, sleep stories, and relaxation music, available in multiple languages. Users can access basic content for free, but a subscription is required for full access to the extensive library. Calm differentiates itself from competitors through high-profile collaborations, such as celebrity-narrated bedtime stories, which attract and retain users. The company's goal is to provide accessible mental health support and relaxation tools to a global audience, promoting mental wellness in an increasingly aware society.

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Simplify's Take

What believers are saying

  • The meditation market is expected to grow to USD 31.9 billion by 2032.
  • Calm's collaboration with Mars could open new user engagement strategies.
  • Partnership with Magellan Health expands Calm's reach in corporate wellness.

What critics are saying

  • Increased competition from apps like Aura and Headspace threatens market share.
  • Evolving data security regulations could increase operational costs.
  • Potential market saturation may lead to pricing pressures.

What makes Calm unique

  • Calm offers a diverse range of content, including celebrity-narrated bedtime stories.
  • The app is available in seven languages, catering to a global audience.
  • Calm's partnerships with brands like TRIP Drinks enhance its market presence.

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Funding

Total Funding

$221.6M

Above

Industry Average

Funded Over

6 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$75M
Calm
$100M
Oura

Benefits

Investment + Growth - Calm can only grow if you do. We offer a great salary, equity, 401(k), and even a generous extended learning budget.

Health + Wellness - We’ll cover 100% of your health, dental, and vision, and give you monthly stipends for your fitness and wellness routines too.

Time + Space - When we say PTO is Take What You Need, we really mean it.

Parents + Kids - Your family is a vital part of our community too. That’s why we offer baby bonding leave to all salaried employees.

Home + Office - Your home office should be as functional and inspirational as your office office. We’ll give you a WFH stipend to help.

Culture + Connection - Our calendar of (virtual) social events ensures you always feel part of, and close with, the team, no matter where you are.

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

2%
Pet Food Processing
Feb 26th, 2025
Mars introduces PAWS program to understand human-animal bond

Additionally, Mars will also partner with mental health company Calm.

PR Newswire
Feb 20th, 2025
Mars Launches Landmark Global Study Program On Pets' Contribution To Human Wellbeing

Mars announces intention to undertake world's largest international study program into the human-animal bond and the role of cats and dogs in human mental health and wellbeing. The multi-year research program in partnership with leading academics will span over 35,000 people across more than 20 countries. It launches at a time of growing awareness of the global mental health crisis affecting millions1,2. Mars also unveils unique research and content partnership with Calm, a leading mental health company, to shine a light on pets and their role in human mental health and wellbeing

PR Newswire
Feb 19th, 2025
Chipotle Aims To Hire Future Billion Dollar Business Leaders In New "Burrito Season" Hiring Push

Chipotle is looking to hire 20,000 additional employees for its upcoming "Burrito Season," the company's busiest time of the year running from March to May. Crew members at Chipotle can advance to a Restaurateur in as little as three and a half years, with a total potential compensation package of approximately $100,000 while leading a multi-million-dollar business. There are currently five Regional Vice Presidents at Chipotle who started their careers as crew members and now manage regions with restaurant sales of over $1 billion

PR Newswire
Jan 13th, 2025
Magellan Health And Calm Health Partner To Help Direct Magellan Members To Appropriate Mental Health Support

FRISCO, Texas, Jan. 13, 2025 /PRNewswire/ -- Magellan Health, Inc., a leader in behavioral health, employee assistance programs (EAPs) and related services, and Calm Health, an evidence-based mental health app from Calm, today announced a partnership that directs members to appropriate mental health resources and providers for select Magellan employer customers and their members. "Magellan Health now offers a digital innovation through Calm Health to enhance access, increase engagement and expand our employee assistance program offerings for select employers and their members," said Caroline Carney, M.D., president of behavioral health and chief medical officer of Magellan Health. "Magellan Health and Calm Health share a commitment to ensuring that people receive the right support in the right setting at the right time through high tech and high touch, evidence-based solutions."

Grand View Research
Dec 1st, 2024
Wellness Apps Market Size To Reach $26.19 Billion By 2030

For instance, in March 2024, Polar Electro partnered with Calm, a leading sleep, meditation, and relaxation application with over 150 million downloads.

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