About Hey
Hey is a Media & Entertainment company based in San Francisco (United States) founded in 2012, and was acquired by Postmates in July 2016. Self-publishing of personal journals is facilitated with automatic memory tracking. Hey has raised $5.5 million across 2 funding rounds from investors including Postmates, General Catalyst and Spark Capital. The company has 25 employees. The company was acqui-hired. Its focus areas include Book Tech, Self Publishing Platforms and Personal Journals. Its legal entity is Hey, Inc. Its competitors include JRNL, Aries Systems and Feet to the Fire.
Company details
Hey was founded in 2012 in San Francisco, United States, and operates in the personal publishing sector through its domain hey.co. Services for self-publishing journals are provided, where locations visited and experiences encountered are automatically tracked. Photos captured by users are organized into collages that can be customized using different layouts and filters. Past moments are rediscovered via searches organized by time, place, and people.
Funding Insights of Hey
Hey has successfully raised a total of $5.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.5 million completed in January 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5.5M
- Total Rounds 2
- Last Round Series A — $3.5M
- First Round $2M
(Jul 2012)
- Investors Count 6
All 2 funding rounds of Hey with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2014 | $3.5M | Series A | – | General Catalyst | |
| Jul 2012 | $2M | Seed | – | – |
7 investors in total: 7 institutional.
Investors in Hey
Hey has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Postmates, General Catalyst and Spark Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment and transformation services for entrepreneurs in technology and finance sectors. | generalcatalyst.com | |||
Spark Capital is engaged in venture capital investments. | sparkcapital.com | San Francisco, United States | ||
Corporate backed venture capital fund investing in multiple sectors | gv.com | Mountain View, United States | ||
Venture finance services, including debt and equity, are provided to capital-backed companies globally. | triplepointcapital.com | |||
Early-stage investments are provided to transformative technology companies. | svangel.com | San Francisco, United States | ||
Early-stage tech-focused VC firm investing primarily in the US | tuesday.vc | San Francisco, United States | ||
Online platform providing on-demand hyperlocal delivery services | 2011 | postmates.com | San Francisco, United States |
Investor details for Hey
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Timeline of Hey
4 dated milestones of Hey across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Hey is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Series A, of $3.5M.
- Exit Acquired by Postmates.
Competitors of Hey
Hey has 3 listed competitors in our database. They include JRNL, Aries Systems and Feet to the Fire.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| jrnl.com | 2011 | Las Vegas, United States | Personal journals are created and managed on a digital platform. | |||
| ariessys.com | 1986 | North Andover, United States | 70 | Print and electronic publishing solutions are provided to publishers. | ||
| feettothefirewriters.com | 2014 | Louisville, United States | Online story writing platform for organizations |
Detailed competitors of Hey
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- Full competitor set
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Web traffic of Hey
Websites that share an audience with Hey (hey.co).
Websites whose visitors overlap most with Hey. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
heydaybooks.com | heydaybooks.com | 100% | #1,110,661 | – | |
| techcrunch.com | 96% | 8.3M | #10,239 | View details | |
heydaysf.com | heydaysf.com | 89% | – | ||
easyjournaling.com | easyjournaling.com | 69% | – |
Top companies in Book & Digital Reading Platforms
3 companies that operate in the same segment as Hey (Book & Digital Reading Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital audiobooks are produced and streamed via a SaaS platform. | 1995 | Newark, New Jersey, United States | USD 6 M | |||
Rental books and homework help are provided to university students. | 2005 | Santa Clara, California, United States | USD 205.99 M | USD 376.91 M | 1,270 | |
SaaS-based book reading platform | 2006 | San Francisco, California, United States | USD 105.24 M |
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Related news about Hey
Complete news archive for Hey
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Frequently Asked Questions about Hey
Hey was founded in 2012.
Hey is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Hey is a funded company, having raised a total of $5.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Jul 2012.
Hey has 25 employees.
Hey was founded in 2012 in San Francisco, United States, and operates in the personal publishing sector through its domain hey.co. Services for self-publishing journals are provided, where locations visited and experiences encountered are automatically tracked. Photos captured by users are organized into collages that can be customized using different layouts and filters. Past moments are rediscovered via searches organized by time, place, and people.
Hey's top competitors include Aries Systems, JRNL and Feet to the Fire.
Hey has 7 investors. Key investors include Postmates, General Catalyst, Spark Capital, Google Ventures, and TriplePoint Capital.
Hey operates through Hey, Inc..
Yes. Hey was acquired by Postmates in July 2016.