Journey Meditation Raises $2.4M in Seed Funding

journeyJourney Meditation, a NYC-based provider of a group meditation app, raised $2.4m in seed funding.

The round was led by Canaan with participation from Brooklyn Bridge Ventures, Betaworks, BDMI, The Fund, Nelstone Ventures and New York Venture Partners.

The company will use the funds to build out the Journey LIVE app experience, including hiring additional meditation teachers, expanding the community of Journey users, and continually improving their experience.

Founded in 2015 by CEO Stephen Sokoler, Journey Meditation is launching the Journey LIVE app – a group meditation app with live instructors and real-time classes – to the public. The app is based on the core premise that community and human connection enhance meditation.
Users can join one of many 15-minute group meditation video livestreams scheduled throughout the day where teachers from a variety of backgrounds and meditation styles guide participants with clarity, approachability and simplicity.
In addition to the many live group meditation classes, Journey LIVE will feature Daily Journey, a guided meditation recorded and posted each day. Similar to Instagram Stories, Daily Journey has a 24-hour only life span and offers users who can’t attend a live class that day an opportunity to still participate in a timely practice.

Journey Meditation has been working with companies and organizations to alleviate stress for their employees. Its development was informed in part by feedback from its work with organizations such as Nike, Facebook, Harlem Children’s Zone and the Anti-Defamation League.

FinSMEs

08/05/2019

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