One of the best meditation apps, Calm was founded in 2012 by Michael Acton Smith and Alex Tew. Reaching millions of users globally, the app has become a unicorn with its B series investment tour, which raised $88 million in 2019.
Even though the aggressive app user session increases that came with the explosion of wellness and meditation apps in the pandemic saw a serious decrease in the second quarter of 2022, Calm still has a considerable user base. In this article, we will include the most up-to-date Calm revenue and usage statistics.
Company Overview
Founded Date | May 4, 2012 |
Founders | Michael Acton Smith and Alex Tew |
Headquarter | San Francisco, CA |
Crunchbase Profile | Profile Link |
Total Funding Amount | $218 million |
Google Play | Store Link |
App Store | Store Link |
Calm App Revenue Statistics
According to Statista, the Calm app generated $22.54 million in in-app purchase revenues worldwide in the first quarter of 2023.
Year | Calm Annual Revenue |
2021 | $330 million |
2020 | $200 million |
2019 | $150 million |
2018 | $80 million |
2017 | $37 million |
2016 | $7 million |
2015 | $2 million |
+ Although seeing a 26.4% year-over-year down in app user sessions in the second quarter of 2022, Calm managed to increase its revenues by 17.6% for the same quarter.
Also Read: Headspace Revenue and Usage Statistics
+ In March 2022, Calm was the highest-grossing health-related app worldwide, with in-app revenues of more than $7.5 million in the examined period, followed by Flo and Headspace.
Calm Valuation
In December 2020, Calm raised $75 million at a $2 billion valuation. (Techcrunch)
Year | Calm Valuation |
2020 | $2 billion |
2019 | $1 billion |
2018 | 0.25 million |
Calm Funding Rounds
Calm has raised $218 million in funding to date.
Year | Funding (in $mm) | Valuation |
2020 | $75 million | $2 billion |
2019 | 88 million | $1 billion |
2018 | $27 million | $250 million |
2014 | $1 million |
Calm Usage Statistics
+ User sessions of Calm, which recently announced it’d lay off 20% of its workforce, was down 26.4% Y/Y in June 2022. At the same time, Calm rival Headspace saw a 60 percent decrease.
+ In the first quarter of 2023, Calm generated 3.61 million app downloads across the App Store and Google Play. (Statista)
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