Calm Capital
Holding company that acquires profitable businesses with simple models that require little operational effort and have established customer bases.
Investment Requirements
Company Overview
Calm Capital
What They Buy
- Target: Profitable businesses with simple models (“Grandma can understand”)
- Size: $2M - $10M revenue, several years in business
- Requirements: Little market risk, established customer base
- Focus: No significant effort or large teams required to operate
- Philosophy: “Principled, patient, and persistent” approach
- Structure: Majority/controlling stakes, long-term holding
Recent Major Acquisitions
- Wavve: Audio visualization and podcast marketing platform
- Judicial Systems: Court management software
- Honestly: Customer feedback platform
Track Record
- Founded: 2018 by David Horne and Marty Balkema
- Scale: 10 companies under management, $8M+ total portfolio revenue
- Leadership: David Horne (Co-founder, ex-marketing entrepreneur)
- Model: Majority stakes in 7 companies, minority in 2
- Philosophy: Avoid “grow at all costs” mentality, focus on cash flow
- Approach: Simple business models, established profitability
Portfolio Companies
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Last updated: October 6, 2025
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