Popular meditation app-maker Calm is reportedly seeking to raise $150 million in fresh funding at a valuation of around $2.2 billion.
Founded in 2012, the San Francisco-based company previously raised at least $143 million in known funding, per Crunchbase data, from backers including Insight Partners, Lightspeed Venture Partners and TPG.
The company’s flagship app has had over 80 million downloads to date. Calm says it is the top app for sleep, meditation and relaxation on both the App Store and Google Play store. Its most popular feature is a 10-minute meditation called “The Daily Calm,” which explores a new mindful theme and inspiring concept each day.SIGN UP