The company generated $22 million in revenue in 2017 and reached an annual revenue run rate of $75 million.[9] As of 2017[update], Calm had raised $1.5M inangel investments.[10]
Calm was Apple's "App of the Year" in 2017,[10] and was ranked byInc. as one of the fastest-growing private companies in America in 2018.[12]
In February 2022, Calm acquired Ripple Health Group, a technology company that connects users with proper healthcare options.[13] The acquisition focused on buildingCalm Health,[14][15] which was released in October 2022 and offered through traditional healthcare providers, payers, and self-insured employers.[16] It was initially offered to patients suffering from anxiety or depression. The company planned to add mental health programs for those with other physical conditions.[6]
In August 2022, Calm laid off 20% of its employees, roughly 90 of 400 employees.[1]
In November 2022, Calm had four million paid subscribers.[13]
Calm produces meditation products, including guided meditations, a book, narratedSleep Stories, and health and meditation videos. Their primary product is the meditationapp, available oniPhone andAndroid devices.[17][18]
The app features both meditation tools and sleep aids.
The meditation area offers breathing exercises, a daily meditation, several multi-day programs, and unguided andguided meditation sessions.[19][20]
The company also produced a nature documentary series forHBO Max.[21][22]
In December 2023, Calm announced that it had usedAIvoice-cloning technology to create a Christmas-themed original story "It's a Wonderful Sleep Story" narrated by American actorJames Stewart, 25 years after the actor's death in 1997.[27]
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