Mindfulness studio, Open, closed a $9M Series A investment round, building on a $5.5M Seed round for a total of $14.5 fundraise. Led by existing investor Founders Fund and A. Capital Ventures, this capital raise also includes participation from Susa Ventures, Aglaé Ventures, backed by Groupe Arnault, as well as a roster of prominent CEOs in consumer technology such as Twitter and DoorDash, among others. “We believe wellness is a new luxury, access to which should be democratized.
Open is a mindfulness studio offering experiences that combine breathwork, meditation, yoga, Pilates, and more to support transformation and personal development. Since launching in 2020, Open set out toto meet people where they are at—anywhere, anytime, every level, on or offline. Their approach bridges ancient wisdom and modern science, guided by expert teachers and supported by proprietary technology.
“Open exists to make collective wellbeing an accessible reality. We envision a world where everyone, everywhere, Opens every day. We are inspired by the opportunity to make an impact and proud to be partnering with investors who not only believe in our vision, but can help us realize it,” says Raed Khawaja, Co-Founder, and CEO of Open.
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