Pray, Inc.

Pray, Inc. is a digital platform dedicated to enhancing spiritual engagement through daily prayer and biblical audio content via its mobile application, fostering community and personal reflection. Founded in 2016 by Matthew Potter, Michael Lynn, Ryan Beck, and Steve Gatena, Pray, Inc. is headquartered in Westlake Village, US.

The company has successfully secured funding through three deals, with the latest being a Series A round in April 2020, raising USD 14. 00 mn led by TPG along with Greylock Partners and Science. This funding contributes to the company's growth as an investment target in the digital spirituality space. Pray, Inc.

specializes in providing a digital platform primarily focused on daily prayer and biblical audio content. The core offerings include a mobile application that serves as a hub for users seeking spiritual enrichment through prayer guides, audio content, and community engagement. This application is designed to cater to individual users, families, and organizations looking to integrate prayer into their daily routines. By offering features such as personalized prayer plans and audio resources, Pray aims to enhance users' spiritual journeys and foster a sense of community among its clientele.

The company targets a diverse customer base, including religious individuals and families, with a significant presence in markets across North America, Europe, and parts of Asia. Pray, Inc. generates revenue primarily through subscription-based models, allowing users to access premium features within the app. Clients can select from various pricing plans tailored to individual users or family units, which provide access to exclusive content and enhanced functionalities.

Additionally, Pray engages in partnerships with churches and religious organizations, facilitating bulk subscriptions for groups seeking to promote spiritual engagement among their members. The structure of these transactions typically involves direct-to-consumer sales for individual subscriptions and B2B partnerships for larger accounts. The company's flagship offerings, centered around daily prayer and biblical teachings, form the basis of its revenue-generating activities, ensuring a steady flow of income through its dedicated user base. In April 2020, Pray, Inc.

raised USD 14. 00 mn in a Series A funding round, which it plans to utilize for expanding its product offerings and enhancing its mobile app features. The company aims to introduce new functionalities and additional religious content by late 2023. Furthermore, Pray intends to expand its reach into new markets across South America and Africa by mid-2024, targeting religious communities seeking digital spiritual resources.