![]() In November 2022, Calm had four million paid subscribers. In August 2022, Calm laid off 20% of it's employees, roughly 90 of 400 employees. The company planned to add mental health programs for those with other physical conditions. It was initially offered to patients suffering from anxiety or depression. The acquisition focused on building Calm Health, which was released in October 2022 and offered through traditional healthcare providers, payers, and self-insured employers. In February 2022, Calm acquired Ripple Health Group, a technology company that connects users with proper healthcare options. as one of the fastest-growing private companies in America in 2018. Ĭalm was Apple's "App of the Year" in 2017, and was ranked by Inc. Īs of February 2019, the company was valued at $1 billion and had raised $116 million, with contributions from existing investors, including Insight Venture Partners, Ashton Kutcher's Sound Ventures, and Creative Artists Agency. As of 2017, Calm had raised $1.5M in angel investments. The company generated $22 million in revenue in 2017 and reached an annual revenue run rate of $75 million. Tamara Levitt became the Head of Mindfulness in November 2014 and is one of the app's primary narrators. History Ĭalm was founded on by Michael Acton Smith and Alex Tew. It produces meditation products, including guided meditations and Sleep Stories on its subscription-based app. , Inc., doing business as Calm, is a software company based in San Francisco, California. ![]()
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