Tech Company Financing Transactions
Hug Funding Round
Hug closed a $5 million Seed funding round on 4/12/2023. Investors included DIGITAL, AA Sons and Cryptology Asset Group.
Transaction Overview
Company Name
Announced On
4/12/2023
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate product growth and integrate creator-first commerce features with its existing social curation and discovery tools.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Undisclosed
Website
Email Address
Overview
HUG will be rolling out its first integrated storefront with support for digital and physical products this summer.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Randi Zuckerberg
Chief Operating Officer
Alex Cavoulacos
Co-Founder
Debbie Soon
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About Database of VC Transactions
We do our best to report on tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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