Meditation app Moshi raises USD12m Series B round

Moshi, a sleep and mindfulness app for kids, has closed of a USD12 million Series B financing round led by Accel, with participation from Latitude Ventures and Triplepoint Capital. Bill Roedy, former MTV CEO, also participated in the round.

Moshi, a sleep and mindfulness app for kids, has closed of a USD12 million Series B financing round led by Accel, with participation from Latitude Ventures and Triplepoint Capital. Bill Roedy, former MTV CEO, also participated in the round.

As part of the deal, Latitude Ventures’ Julia Hawkins will join the Moshi board.

Moshi is an app that helps kids sleep. Every “Moshi Story”, music track, and children’s meditation training on the app are created from scratch by the team of writers and composers on the platform. The app offers close to 150 kinds of original content.

In addition, the platform will add new content every week to meet the needs of children. The app offers parents the ability to create their own custom playlist or choose from a themed playlist within the app.

Moshi offers a free one-week trial before charging 40 dollars annually. The company has more than 100,000 subscribers, with 85 million stories played.

Moshi plans to use the proceeds to launch new features and content in collaboration with sleep industry experts and scientists, as well as scaling up user acquisition through marketing, advertising and partnerships.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/04/26/meditation-app-moshi-raises-usd12m-series-b-round/.

Leave a Reply

Please Login to Comment