Meditation App Simple Habit Raises $10 Million in Series A Funding
US based five-minute meditation app Simple Habit has reportedly secured an amount of $10 million in Series A funding round. This round was led by Silicon Valley-based venture capital firm Foundation Capital. With this, the developer’s total funding has reached up to $12.5 million.
Prior to this, Simple Habit previously raised $2.8 million from seed investors. Foundation Capital was also an investor in the initial seed round, which included Y Combinator, NEA, Drew Houston, CEO of Dropbox, and Josh Reeves, CEO of Gusto.
“Simple Habit has had a remarkable year,” said Yunha Kim, founder and CEO of Simple Habit. “As we welcomed millions of new users to our community, we added more than 1,000 new sessions to our audio content library, doubled the number of experts who contribute content on S...