A popular prayer app with roots in Chicago has been blessed with a new round of funding from some like-minded individuals and funds.
Hallow, an app focused on Catholic prayer and meditation, said Thursday it raised a $50 million Series C led by Goodwater Capital with participation from Highland Capital, Colin Moran and several of Hallow's existing investors.
Eric Kim, co-founder and managing partner of Goodwater Capital, one of the most active VC firms globally, said that praying more with Hallow has led to "profound positive change" in his own life.
Hallow has now raised $105 million to date after securing a $40 million Series B in late 2021.
Founded in 2018 by Alex Jones, Alessandro DiSanto and Erich Kerekes, Hallow has created more than 10,000 sessions of Bible readings, prayers, sleep meditations and other Catholic-centric content that vary from one to 30 minutes in length. Hallow became the first religious app in Apple's Top 10 Apps and has been downloaded more than 10 million times, helping to facilitate more than 225 million prayers from users, the company said.
Hallow has also recently partnered with several celebrities and faith leaders such as Sister Miriam James-Heidland, Mario Lopez and Mark Wahlberg.
With the new funding, Hallow is hiring several positions across a variety of teams including content, operations and product development.
