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Meditopia raises USD 15 million in Series A funding

Istanbul: Meditopia, a Turkish-German startup that offers personalized mindfulness services to people across the world, has raised $15 million in a Series A co-led by European early-stage VC Creandum which was an early backer of Spotify, and Highland Europe, a Geneva-headquartered European growth investor.

Founded in 2015 by Berk Yilmaz, Fatih Celebi, & Ali Murat in Turkey, the startup that now has dual headquarters in Istanbul and Berlin has built a mental coach platform that offers guided meditations to users in 75 markets. The meditations are available in the form of programs spread across different (pre-recorded) sessions and quick two-twelve minute standalone sessions.

Some of the content on Meditopia’s platform (that is available as an Android and iOS app) is available for free while for the rest, the users have to buy a subscription that costs about $50 per year. The platform also offers users a one-week free trial of its premium subscription.


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