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New Deal


Announced

Completed

Lightspeed Venture Partners led a $75m Series C round in Calm.com.

Financials

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Transaction Value£56m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Domestic

Software

Private

Completed

United States

mobile application

Minority

Friendly

Acquisition

Venture Capital

Synopsis

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Investment firm Lightspeed Venture Partners led a $75m Series C round in Calm.com, the operator of a website and application that offer consumers subscription-based content on meditation, sleep, relaxation and mental wellness, with participation from TPG, Insight Venture Partners, Marc Benioff, and funds managed by Goldman Sachs Asset Management. "We’ve greatly expanded our audio library in recent years to support and strengthen Mental Wellness through meditation, music, wisdom and sleep. Calm’s unique content has helped transform many lives and has now had over 1m five-star reviews in the App Store," Michael Acton Smith, Calm Co-Founder and Co-CEO.

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