Owners
Mo Meditation is a company founded in 2019 by Russians that develops the mobile application Mo: Meditation and Sleep for various meditations. Users are offered several programs, including those aimed at overcoming anxiety, increasing productivity or forming the right mood before an important meeting. Also in Mo there are "bedtime stories" for fighting insomnia and a music library that can help focus or, conversely, relax.
By the beginning of July 2021, the service operates by subscription, which in Russia costs 299 rubles a month and 2790 rubles a year. Developers plan to add personal instructors and online webinars to the product.
History
2021: Raising $1 million, including from Dmitry Grishin
On July 1, 2021, it became known that Mo Meditation raised $1 million in investments. Several business angels have invested in the project, as well as the co-founder of Mail.ru ServiceDmitry Grishin.
The startup team says that by the beginning of July 2021, the service has about 1.1 million registered users. The application works not only in the Russian Federation, but also abroad, including in Italy and Holland. The company plans to expand the geography of its presence, starting in Scandinavia.
It is for international expansion that attracted investments will be spent. Also, part of the money will go to improving the platform and expanding its capabilities.
By the beginning of July 2021, the library contains more than 200 classes, among which the most popular:
- Antistress;
- Concentration and productivity;
- Sleep meditation;
- Personal relationships;
- Happiness and gratitude;
- Self-assessment.
According to the developers, the application is suitable for people without meditation experience. The duration of the first classes is four minutes.
{{quote 'Most psychologists and therapists confirm the benefit of regular meditations and recommend our courses. The programs are compiled taking into account the peculiarities of the mentality and without any esotericism, the application description says. [1][2]}}
Notes
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