July 16, 2019
Wave, a subscription app and connected foam cushion for at-home meditation, has launched with $5.65 million in seed funding. CrossLink Capital, Lerer Hippeau Ventures, Collaborative Fund and Ludlow Ventures were named as the company’s backers in this morning’s announcement.
WHAT THEY DO
The core of Wave’s consumer offering is an app-based service ($9.99 per month, $99.99 for a year) that looks to...
July 2, 2019
Calm, which makes a meditation and sleep app of the same name, has tacked $27 million onto its previously announced $88 million Series B round thanks to new backing from Lightspeed Venture Partners, the investor shared in a Medium.com post.
This add-on capital brings the startup’s total backing to $143 million.
WHAT THEY DO
Cofounders and co-CEOs Michael Acton Smith and Alex Tew founded Calm with...
June 3, 2019
Between Twitter notifications and the constant of flood of work emails, staying focused on one task can be challenging. However, researchers have discovered that a new meditation platform could be effective in improving young adults' attention spans. In the study, which was published in Nature Human Behavior, the MediTrain closed-loop digital meditation platform helped healthy young adults ...
April 12, 2019
From virtual therapy to mindfulness and meditation aids, there’s little shortage of digital tools catching investors’ eyes and breaking into the crowded behavioral health market. Although a number of these services are positioning their business to focus on payers and employers, many others are taking their products directly to consumers via monthly subscriptions, one-time retail purchases or...
March 5, 2019
San Francisco-based Calm’s meditation service is now directly accessible through the Samsung Health app, the companies announced in a press release yesterday.
Smartphone users who have downloaded and updated Samsung’s health and wellness platform can set up or sync a Calm account by clicking on the “Mindfulness” icon within the app, and then following the instructions. Along with personalizing...
February 6, 2019
San Francisco-based Calm, developer of the meditation and sleep app of the same name, announced this morning that it has raised $88 million in a Series B funding round led by TPG Growth. Creative Artists Agency also participated in the round alongside existing investors Insight Venture Partners and Sound Ventures.
The new backing brought Calm’s total funding to $116 million and, according to the...
November 13, 2018
Meditation app Simple Habit has raised $10 million in Series A venture funding. Foundation Capital, which also led the company's $2.8 million seed round last May, led the round.
“The world desperately needs better ways to manage stress and anxiety,” Steve Vassallo, general partner at Foundation, said in a statement. “That’s why Simple Habit is growing at a critical time. My partners and I believe...
October 30, 2018
Interaxon, the company best known for its “brain sensing” headband Muse that helps wearers meditate, released the second generation of the device this morning.
The latest product, called Muse 2, is worn across the user's forehead and connects to a smartphone app that providing meditation data. Like the previous version of the tool, it is able to measure brain signals through an EEG sensor,...
September 24, 2018
Last week Muse, maker of an EEG headband and accompanying meditation mobile app, announced that it is acquiring Meditation Studio. The latter is known for its meditation app which provides guidance from 40 experts. The terms of the deal were undisclosed.
Why it matters
This merger will bring two companies from the digital meditation market together. However, each offers a different...
September 5, 2018
Mindfulness meditation app maker Headspace has just announced that it is acquiring voice-enabled AI system Alpine.AI, furthering the former's development in personalization and conversational products. The deal, which was made for an undisclosed sum, means that Alpine's team will move over to Headspace’s San Francisco office.
"Alpine.AI will help dramatically improve our voice platforms allowing...