Hallow Raises $40M in Series B Funding

Hallow

Hallow, a Chigago, IL-based Catholic prayer and meditation app provider, completed a $40m Series B funding round.

Backers included Drive Capital (leader), Peter Thiel, Teamworthy Ventures, Narya VC, Contrary Capital, Uncork Capital, Susa Ventures, and Scott Malpass – the only American appointed by Pope Francis to sit on the Board of the Vatican Bank.

The company intends to use the funds to scale hiring to double its team and to continue partnering with faith-based creators to build content, make more of its over 3,000 meditations available for free, add new languages, and reach out to a broader group of unaffiliated or fallen-away Catholics and Christians.

Led by Alex Jones, CEO & Co-Founder, Hallow is a Catholic prayer and meditation app that helps people deepen their relationship with God through audio-guided prayer, sleep, bible readings, meditations, and music. The app has over 3,000 sessions including a Daily Rosary, Daily Gospel, Daily Saint, Novenas, Examens, Fr. Mike Schmitz’s Bible in a Year, Jonathan Roumie from The Chosen’s Audio Bible, Bishop Barron’s Sunday Sermons, peaceful Christian music, Gregorian Chant, Sleep Bible Stories, and so much more. Launched in December 2018, Hallow has over 25 million prayers completed across over 150 countries. The Board of Advisors is led by Bishop Kevin Rhoades and includes Fr. Mike Schmitz, Dr. John Cavadini & Fr. Kevin Grove from the University of Notre Dame, Lisa Hendey, Fr. Steve Gunrow from Word on Fire, Scott Malpass, Dean Abela from the Catholic University of America, Laura Fanucci, and Sr. Jaime Mitchell.

FinSMEs

04/11/2021