Moshi | Mind Candy
Financials
Estimates*
| GBP | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenues | 3.5m | 5.3m | 5.7m | 4.5m | 5.3m | 4.2m | 4.3m |
| % growth | 1 % | 51 % | 9 % | (21 %) | 17 % | (21 %) | 2 % |
| EBITDA | (<1m) | (2.0m) | (4.0m) | (3.6m) | (1.6m) | - | - |
| % EBITDA margin | (5 %) | (38 %) | (69 %) | (79 %) | (31 %) | - | - |
| Profit | (1.8m) | (3.8m) | (6.2m) | (6.7m) | (4.2m) | (7.3m) | - |
| % profit margin | (51 %) | (71 %) | (107 %) | (147 %) | (79 %) | (175 %) | - |
| R&D budget | 1.7m | 2.5m | 2.5m | - | - | - | - |
| R&D % of revenue | 48 % | 48 % | 44 % | - | - | - | - |
Source: Dealroom estimates
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Seed | ||
$3.0m | Early VC | ||
$10.0m | Series A | ||
N/A | Convertible | ||
| N/A | €1.4m | - | |
| N/A | €9.0m | Early VC | |
N/A | Support Program | ||
N/A | - | ||
$10.0m | Debt | ||
$1.5m | Early VC | ||
* | $1.0m | Early VC | |
$3.5m | Early VC | ||
$12.0m | Series B | ||
| Total Funding | CAD57.8m | ||
Recent News about Moshi | Mind Candy
EditMind Candy operates in the digital health and wellness market, focusing on children's sleep and mindfulness through its flagship product, the Moshi Sleep app. The app provides audio-only content, including original stories, meditations, and music, designed to help children fall asleep and teach them mindfulness. The target clients are parents and professionals working with children, such as educators and healthcare providers. The business model is subscription-based, generating revenue through monthly or annual fees for access to its growing library of content. The app features contributions from notable personalities and experts in sleep science, enhancing its credibility and appeal.
Keywords: children's sleep, mindfulness, audio app, original stories, meditations, digital wellness, subscription model, sleep science, healthcare providers, educators.