Search for...

Romanian AI Bible Assistant Secured €13.4M Deal

Romanian AI Bible Assistant Secured €13.4M Deal, TheRecursive.com
~

Romanian-founded Bible Chat raised a €13.41 million Series A led by Silicon Valley’s True Ventures, with participation from Play Ventures, Early Game Ventures, Underline Ventures, and Silicon Gardens.

 

👯 Founders: Laurentiu Balasa, Marius Iordache

📅 Founding year: 2019

🏢 Industry: FaithTech / Mobile Applications

💥 Problem: Millions of people face spiritual, emotional, and psychological challenges daily, with limited accessible support.

👣 Solution: Bible Chat provides a digital space for Christian communities and individuals seeking peace and emotional balance through religion.

👥 Customers: Christian communities, individuals seeking spiritual guidance, and those looking for emotional support.

🌱 Stage: Series A

💰 Investment amount: €13.41 million ($14 million)

🚀 Funded by: True Ventures (Lead), Early Game Ventures, Play Ventures, Underline Ventures, Silicon Gardens

👁‍💨 Investor’s perspective: “What makes me most happy,” said Dan Calugareanu, Partner of Early Game, “is that Bible Chat is already proving to be an inspiration for other tech entrepreneurs in Romania. And the founders, Laurentiu and Marius, also make the effort to talk to other entrepreneurs, give them advice, and help them. It is their way of contributing to the development of the startup ecosystem in Romania and giving back, as the Americans say.”

💡 It will be spent on: Product development, market expansion, and strengthening the global footprint of the platform.

💬 In their own words: “We will continue the mission of Bible Chat to minimize human suffering. Millions of people depend on our team’s work monthly, and they find support in Bible Chat that helps them face life’s spiritual, emotional, and psychological challenges.” – Laurentiu Balasa, Founder & CEO

💪 Their specialty: Creating a safe, accessible, and engaging digital environment for faith-based support, using mobile technology to bridge the gap between spirituality and mental well-being.

🔑 Business model: Mobile app with a freemium subscription model, generating revenue through premium content and in-app purchases.

Read more:  Bulgarian live sports streaming platform FITE gets acquired in one of the biggest exits for the local ecosystem

👩‍ Market: Faith-based digital platforms, with significant traction in Europe, North America, and global Christian communities.

📊 Traction: 10 million users, $15 million in annualized revenue, fastest-growing faith app globally, and 13th most downloaded app on the App Store.

⚡Competitors: Glorify, Pray.com, Hallow, and other digital platforms focused on faith and mental wellness.

Tags:

Help us grow the emerging innovation hubs in Central and Eastern Europe

Every single contribution of yours helps us guarantee our independence and sustainable future. With your financial support, we can keep on providing constructive reporting on the developments in the region, give even more global visibility to our ecosystem, and educate the next generation of innovation journalists and content creators.

Find out more about how your donation could help us shape the story of the CEE entrepreneurial ecosystem!

One-time donation

You can also support The Recursive’s mission with a pick-any-amount, one-time donation. 👍