From virtual therapy to mindfulness and meditation aids, there’s little shortage of digital tools catching investors’ eyes and breaking into the crowded behavioral health market. Although a number of these services are positioning their business to focus on payers and employers, many others are taking their products directly to consumers via monthly subscriptions, one-time retail purchases or...
Meditation app Simple Habit has raised $10 million in Series A venture funding. Foundation Capital, which also led the company's $2.8 million seed round last May, led the round.
“The world desperately needs better ways to manage stress and anxiety,” Steve Vassallo, general partner at Foundation, said in a statement. “That’s why Simple Habit is growing at a critical time. My partners and I believe...
San Francisco-based meditation app Simple Habit has raised $2.5 million in a new round of funding that includes investors New Enterprise Associates (NEA), Fabrice Grinda's FJ Labs, Foundation Capital and the founders of Dropbox and Gusto. This is the first round of funding for the company, whose app launched on the iOS App Store in April 2016.
CEO Yunha Kim, who went from being an investment...
