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.
|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|
+ 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.
In December 2020, Calm raised $75 million at a $2 billion valuation. (Techcrunch)
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|
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)