Tech Company Financing Transactions
Hang Funding Round
Hang closed a $16 million Series A venture capital round on 7/15/2022. Investors included Paradigm, GoodFriends and Night Ventures.
Transaction Overview
Company Name
Announced On
7/15/2022
Transaction Type
Venture Equity
Amount
$16,000,000
Round
Series A
Investors
Paradigm (Lead Investor)
Thirty Five Ventures (Kevin Durant)
Proceeds Purpose
The startup hopes that by leveraging the blockchain, users will be able to buy into and sell elite membership status, finding the market value for the perks offered by loyalty programs and build a closer relationship with the brands they frequent.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Santa Monica, CA 90291
USA
Santa Monica, CA 90291
USA
Phone
Undisclosed
Website
Email Address
Overview
NFTs give brands the ability to supercharge membership and loyalty. NFT interoperability unlocks the ability to provide perks, rewards, and experiences throughout the physical and digital world.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matt Smolin
Co-Founder
Sam Smolin
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