Calm
Calm Raises $75M in Series C
Quick Facts
Calm Raises $75M in Series C
Calm has successfully raised $75M in a Series C at a $2B valuation led by Lightspeed Venture Partners, Goldman Sachs.
Company Overview
Calm is a HealthTech company headquartered in San Francisco, CA, founded in 2012 with 250+ employees.
Mental wellness and meditation app
Fundraising Details
- Amount Raised: $75M
- Round Type: Series C
- Valuation: $2B
- Date: 2020-12-08
- Investors: Lightspeed Venture Partners, Goldman Sachs
About Calm
Mental wellness and meditation app The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: San Francisco, CA
- Founded: 2012
- Team Size: 250+
- Industry: HealthTech
What This Means
This funding round demonstrates strong investor confidence in Calm's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The HealthTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Calm's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $2B valuation marks an important milestone for Calm, positioning the company among notable players in the HealthTech industry.
Looking Ahead
With this new capital, Calm is well-positioned to execute on its growth strategy and continue building innovative solutions in the HealthTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2020-12-08. For more information about Calm, visit their headquarters at San Francisco, CA.
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