Calm.com, Inc.
CIK 1721834 · View on SEC EDGAR ↗
First SEC filing: Nov. 19, 2018 · Latest: Nov. 19, 2018
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- Biography Career background and public profile, where available.
- Insider at Companies where this person is a reporting insider.
- Insider transactions Every share this person bought or sold, from Form 4 filings.
- Derivatives Options and other derivative holdings reported by this person.
- Initial holdings The stakes this person held when they first started reporting.
Calm.com, Inc., doing business as Calm, is an American software company based in San Francisco, California. Founded in 2012, the company develops digital wellness products focused on meditation, sleep, and mental health.
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Calm.com, Inc., doing business as Calm, is an American software company based in San Francisco, California. Founded in 2012, the company develops digital wellness products focused on meditation, sleep, and mental health.
History
Calm was founded on May 4, 2012, by Michael Acton Smith and Alex Tew. The concept for Calm originated from an earlier project created by co-founder Alex Tew in 2011, titled "Do Nothing for 2 Minutes", a web-based experience that demonstrated a demand for digital mindfulness tools.The website was developed by Tew and Ben Dowling, cofounder of Geomium and later Calm's first CTO.
Tamara Levitt became the Head of Mindfulness in November 2014 and is one of the app's primary narrators.
The company generated $22 million in revenue in 2017 and reached an annual revenue run rate of $75 million. As of 2017, Calm had raised $1.5M in angel investments. Calm was Apple's "App of the Year" in 2017, and was ranked by Inc. as one of the fastest-growing private companies in America in 2018.
As of February 2019, the company was valued at $1 billion and had raised $116 million, with contributions from existing investors, including Insight Venture Partners, Ashton Kutcher's Sound Ventures, and Creative Artists Agency.
In February 2022, Calm acquired Ripple Health Group, a technology company that connects users with proper healthcare options. The acquisition focused on building Calm Health, which was released in October 2022 and offered through traditional healthcare providers, payers, and self-insured employers. It was initially offered to patients suffering from anxiety or depression. The company planned to add mental health programs for those with other physical conditions.
In November 2022, Calm had four million paid subscribers.
Product
Calm produces meditation products, including guided meditations, a book, narrated Sleep Stories, and health and meditation videos. Their primary product is the meditation app, available on iPhone and Android devices.
Meditation app
The meditation area offers breathing exercises, a daily meditation, several multi-day programs, and unguided and guided meditation sessions.
Soundscapes, music, exclusive albums
The app also hosts Alanis Morissette's 2022 ambient album The Storm Before the Calm.
Jay Shetty, the company's chief purpose officer, hosts a short mindfulness message called "The Daily Jay."
"Sleep Stories" series
On December 1, 2016, Calm launched an initial range of 23 Sleep Stories, with the aim of helping adult listeners sleep.
Sleep Stories include archival recordings of Bob Ross, classical and ambient music including compositions by Johannes Brahms, Sigur Rós, deadmau5, and Moby. The series also included original stories and public domain fiction read by narrators.
In 2018, singer Leona Lewis contributed narration to the sleep stories in support of (RED)'s Global Fund to end AIDS.
In December 2023, Calm announced that it had used AI voice-cloning technology to create a Christmas-themed original story "It's a Wonderful Sleep Story" narrated by American actor James Stewart, 25 years after the actor's death in 1997.
Calm Health
Calm Health is the company's clinically oriented platform, which launched in 2022, and offers condition-specific mental health programs and integrates with healthcare providers and employers to support patients with anxiety, depression, and other health-related behavioral needs.
Media
The company produced a nature documentary series for HBO Max.
Publications
Calm: Calm the Mind. Change the World (Penguin, 2015), Michael Acton Smith, ISBN 978-0241201954
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
Insider at
Insider transactions
Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted
| Date | Ticker | Code | Shares | Price | Value | Owned after | Δ own | A/D | vs now |
|---|---|---|---|---|---|---|---|---|---|
| April 20, 2020 | XWEL | S | 967,742 | $0.33 | $319,355 | 0 Direct | -100.00% | Disposed | -95.3% (price as of 2026-08-19) |
| April 20, 2020 | XWEL | S | 937,500 | $0.11 | $103,125 | 0 Direct | -100.00% | Disposed | -86.0% (price as of 2026-08-19) |
| April 16, 2020 | XWEL | S | 2,500,000 | $2375000.00 | $5,937,500,000,000 | 0 Direct | -100.00% | Disposed | -100.0% (price as of 2026-08-19) |
| July 8, 2019 | XWEL | P | 937,500 | — | — | 937,500 Direct | — | Acquired | (price as of 2026-08-19) |
| July 8, 2019 | XWEL | P | None | $2500000.00 | — | — Direct | — | Acquired | -100.0% (price as of 2026-08-19) |
| Dec. 28, 2018 | XWEL | P | 322,581 | $3.10 | $1,000,001 | 967,742 Direct | +50.00% | Acquired | -100.0% (price as of 2026-08-19) |
P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding
Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.
Derivative holdings (Form 4 Table II)
Options, RSUs and convertible securities reported on Form 4 Table II.
| Date | Ticker | Security | Underlying | Exercise price | Expiration | Shares | A/D |
|---|---|---|---|---|---|---|---|
| April 20, 2020 | XWEL | Series E Convertible Preferred Stock | Common Stock (1,500,000) | $2.00 | — | 967,742 | Disposed |
| April 20, 2020 | XWEL | Common Stock Warrants | Common Stock (937,500) | — | Jan. 8, 2025 | 937,500 | Disposed |
| April 16, 2020 | XWEL | 5.00% Unsecured Convertible Note due 2022 [F1] | Series E Convertible Preferred Stock (1,445,816) | — | — | 2,500,000 | Disposed |
| July 8, 2019 | XWEL | Common Stock Warrants | Common Stock (937,500) | — | Jan. 8, 2025 | 937,500 | Acquired |
| July 8, 2019 | XWEL | 5.00% Unsecured Convertible Note due 2022 [F1] | Series E Convertible Preferred Stock (806,451) | — | — | — | Acquired |
| Dec. 28, 2018 | XWEL | Series E Convertible Preferred Stock | Common Stock (1,612,903) | $0.62 | — | 322,581 | Acquired |
Exercise/conversion price is blank when not applicable (e.g. RSUs).
Initial ownership (Form 3) 1 holding
Securities held when first becoming an insider, per SEC Form 3.
| Date | Ticker | Security | Shares | Ownership |
|---|---|---|---|---|
| Nov. 19, 2018 | XWEL | Series E Convertible Preferred Stock→ Common Stock (3,225,806) | 3,225,806 | Direct |