Funding for Faith-Based Apps Soared in 2021, Attracting $175 Million in Financial Support

Faith-based apps have increased in popularity over the past few years and are gaining millions in funding as more people turn to them for guidance and spiritual growth.

According to PitchBook Data, funding for religious apps, primarily Christian, increased from $6.1 million in 2016 to $48.5 million in 2020 and then $175.3 million in 2021.

Many spiritual apps offer users biblical meditations, audio Bible passages, and Christian music. Some require a subscription plan while others are free.

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Hallow, a Catholic prayer and meditation app, raised $50 million this year. CEO and Co-founder Alex Jones says it’s serving as a resource to help “more folks find peace in God.”

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Source: CBN