Faith-based App Hallow Announces $50M Series C
Gunderson Dettmer represented client Hallow, a Catholic meditation and prayer app, in its $50 million Series C financing led by Goodwater Capital. Hallow is an audio-guided catholic meditation and prayer application designed to combine the peace and stillness of meditation with the spiritual growth of prayer.
Hallow has passed 10 million downloads becoming the first faith-based app ever to break the top 10 apps in the App Store, coming in at #3 overall.
In the announcement of the transaction, Hallow CEO Alex Jones said, "This round and these milestones are exciting. We're thrilled to partner together with mission-driven partners, team members, and creators to invest even more heavily in building an experience that helps the world to build a daily habit of prayer. But with each of these milestones, something has become more and more clear over time."
The Gunderson Dettmer deal team was led by Andy Bradley and included Paul Sullivan, Chase Beckstead, Gina Marek and Anna He.