Moshi received $ 12 million in investment in the B series investment round. Latitude Ventures, Triplepoint Capita and Bill Roedy also participated in the investment tour led by Accel.
Moshi, a sleep and Mindfulness application that is conscious awareness developed for children, announced that it has received a new investment. According to the shared information, Moshi received 12 million dollars investment in B series investment round. Latitude Ventures, Triplepoint Capita and Bill Roedy also participated in the investment tour led by Accel. Let’s add that the London-based Moshi initiative’s total investment to date has reached $ 47.6 million.
Founded in 2003 by Michael Acton Smith, now founder and CEO of the Calm application, the platform was originally serving as a social media platform for children.
We have told you years ago that Moshi Monsters, a social network for children, reached 50 million users. Ian Chamber, who was replaced by Michael Acton Smith who left office to set up Calm in 2015, changed the company from top to bottom in 2017.
The company, which continues with the name Moshi, has progressed as an application that aims to help children sleep instead of being a social network. There are 80 30-minute audio stories in the application. Let’s add that the stories in question are purely original content and written and voiced by Moshi. With more than 100 thousand subscribers, 85 million stories have been heard so far on the Moshi platform. If you wish, you can download the Moshi application for Android and here for iOS.