The meditation app giant Calm recently announced the close of an $88 million Series B financing, bringing its valuation to $1 billion.
; Paul Zimmerman / WWD / REX / Shutterstock )
The entrepreneur infused that out-of-the-box thinking — an injection of fun that borders on slightly absurd — into his next ventures. It’s a kooky British wit mixed with a highly competitive spirit. In September, pop stars Sam Smith and Sabrina Carpenter remixed recent hit songs in lullaby format for Calm. That was several months after Moby and Icelandic band Sigur Rós released exclusive albums on the app, establishing a new platform for artists to launch music. The last year saw more than 135 million Calm music streams.
Calm’s head of music Courtney Phillips said she envisions the audio library as “a tool to help people live their lives in a healthier, more productive way.”
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