What is Hallow?
Launched in December 2018, Hallow operates as a faith-based mediation app designed to foster a deeper connection with God through audio-guided contemplative prayer sessions. The platform has garnered widespread adoption, serving Catholic schools, parishes, employers, families, priests, and Bishops globally. Its innovative approach to spiritual engagement has established it as a key player in the digital faith-based application market, catering to a diverse user base seeking to integrate spiritual practices into their daily lives.
How much funding has Hallow raised?
Hallow has raised a total of $102M across 3 funding rounds:
Series A
$12M
Series B
$40M
Series C
$50M
Series A (2021): $12M with participation from General Catalyst
Series B (2021): $40M led by Narya, Uncork Capital, Drive Capital, Contrary Capital, Peter Thiele, and Teamworthy Ventures
Series C (2023): $50M supported by Highland Capital and Goodwater Capital
Key Investors in Hallow
Highland Capital
Highland Capital Corporation is a bank-owned, publicly traded entity that provides equipment financing to dentists, veterinarians, and physicians throughout the United States. Their participation suggests a strategic interest in Hallow's growth potential.
Goodwater Capital
Goodwater Capital is a consumer tech investment firm that empowers exceptional entrepreneurs to create positive change. Their focus on consumer technology indicates an interest in Hallow's user-centric approach and broad market appeal.
General Catalyst
General Catalyst is a venture capital firm focused on identifying and supporting transformational business opportunities. Their investment in Hallow highlights a belief in the company's potential to disrupt the digital faith and wellness market.
What's next for Hallow?
The recent major strategic investment signals Hallow's transition into a scaling phase, likely focusing on enhancing its platform features, expanding its content library, and broadening its user acquisition efforts. With substantial backing, the company is poised to further solidify its market leadership, potentially exploring new technological integrations and partnerships to deepen its impact. This capital infusion is expected to fuel innovation and operational enhancements, driving Hallow's mission to make contemplative prayer accessible to a wider audience.
See full Hallow company page
