Calm Meditation App Hits $2 Billion Value With Lightspeed, GoldmanĀ Backing
- Insight, Marc Benioff also participated in $75 million round
- San Francisco-based firmās app has 4 million paying users
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Calm, maker of a meditation, sleep and relaxation app, doubled its valuation to $2 billion after raising capital from existing backers including Lightspeed Venture Partners, TPG and Insight Partners.
āWith companies now taking mental well-being at work seriously, thereās so much opportunity, and we raised capital to be able to put the foot down on the gas even more,ā co-founder and co-Chief Executive Officer Alex Tew said in an interview with Bloomberg.