About Hallow
Hallow is a company based in Detroit (United States) founded in 2018 by Hen Dotan, Gideon Grader, Avner Rothschild, and Erich Kerekes.. Hallow has raised $157 million across 4 funding rounds from investors including Goodwater Capital, Highland Capital Partners and Drive Capital. Hallow offers products and services including Hallow App, Daily Meditation, Rosary Guide, and Sleep Bible Stories. Hallow operates in a competitive market with competitors including Glorify, PrayerMate, Watch and Pray, Pray First and Japamala, among others.
- Headquarter Detroit, United States
- Founders Hen Dotan, Gideon Grader, Avner Rothschild, Erich Kerekes
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Hallow, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$157 M (USD)
in 4 rounds
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Latest Funding Round
$50 M (USD), Series C
May 18, 2023
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Investors
Goodwater Capital
& 11 more
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Employee Count
Employee Count
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Products & Services of Hallow
Hallow offers a comprehensive portfolio of products and services, including Hallow App, Daily Meditation, Rosary Guide, and Sleep Bible Stories. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile app for Christian prayer, meditation, and Bible study resources.
Guided sessions for daily spiritual reflection and stress relief.
Instructions and prayers for Catholic rosary practices.
Audio stories from the Bible to aid sleep and meditation.
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Funding Insights of Hallow
Hallow has successfully raised a total of $157M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $50.0M
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First Round
First Round
(15 Apr 2021)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series C - Hallow | Valuation | Goodwater Capital | |
| Jul, 2022 | Amount | Series C - Hallow | Valuation |
investors |
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| Nov, 2021 | Amount | Series B - Hallow | Valuation | Drive Capital , Susa Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hallow
Hallow has secured backing from 12 investors, including venture fund and angel investors. Prominent investors backing the company include Goodwater Capital, Highland Capital Partners and Drive Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investments in consumer tech sectors are managed by Goodwater Capital.
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Founded Year | Domain | Location | |
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Venture capital investment and entrepreneur support services.
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Founded Year | Domain | Location | |
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Venture capital firm focused on pre-seed and seed stage investments
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hallow
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hallow
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hallow Comparisons
Competitors of Hallow
Hallow operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Glorify, PrayerMate, Watch and Pray, Pray First and Japamala, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Prayer tracking and management app for Christians is provided.
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| domain | founded_year | HQ Location |
App that organizes prayer life with reminders and group sharing for consistent devotion.
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| domain | founded_year | HQ Location |
Mobile app for habit development, prayer compilation, and faith community sharing.
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| domain | founded_year | HQ Location |
An app-based platform for effective daily prayer management.
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| domain | founded_year | HQ Location |
Provides a mobile app for rosary prayer and spiritual guidance.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hallow
Frequently Asked Questions about Hallow
When was Hallow founded?
Hallow was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Where is Hallow located?
Hallow is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
Is Hallow a funded company?
Hallow is a funded company, having raised a total of $157M across 4 funding rounds to date. The company's 1st funding round was a Series B of $40M, raised on Apr 15, 2021.
What does Hallow do?
Hallow was founded in 2018 in Detroit, United States, as an app-based platform in the faith-based technology sector. Catholic prayers, meditation sessions, Bible chapters, hymns, and readings are offered for spiritual practices, sleep, and daily reflection. Content includes daily gospel reflections, rosary guides, and night prayers accompanied by background music and chants. The platform operates on Android and iOS devices.
Who are the top competitors of Hallow?
Hallow's top competitors include Glorify, Japamala and PrayerMate.
What products or services does Hallow offer?
Hallow offers Hallow App, Daily Meditation, Rosary Guide, and Sleep Bible Stories.
Who are Hallow's investors?
Hallow has 12 investors. Key investors include Goodwater Capital, Highland Capital Partners, Drive Capital, Peter Thiel, and Susa Ventures.