About HUG
HUG is a company based in New York (United States) founded in 2022 by Debbie Soon and Randi Zuckerberg. It operates as a Two-Sided Marketplace. HUG has raised $5 million across 1 funding round from investors including OKX, Implication Capital and BOLD. The company has 3 employees as of December 31, 2024. HUG offers products and services including HUG Platform. HUG operates in a competitive market with competitors including IndiGG, Easy, GARI, xPortal and Pop Social, among others.
- Headquarter New York, United States
- Employees 3 as on 31 Dec, 2024
- Founders Debbie Soon, Randi Zuckerberg
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Sectors
TechnologyFinancial Services Media & Entertainment
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Assemble Stream, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Seed
Apr 12, 2023
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Investors
OKX
& 5 more
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Employee Count
3
as on Dec 31, 2024
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Products & Services of HUG
HUG offers a comprehensive portfolio of products and services, including HUG Platform.
A platform for showcasing and selling art online.
People of HUG
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Funding Insights of HUG
HUG has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Seed round of $5 million completed in April 2023. 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.
Investors in HUG
HUG has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include OKX, Implication Capital and BOLD.
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Consumer sector investments are managed by Venrex venture capital firm.
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Investments in multiple sectors are made by AA Sons.
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Investor details for HUG
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by HUG
Investment portfolio details for HUG
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Financial Statements - HUG
Detailed financials for HUG
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Hug Comparisons
Peer comparison for HUG
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of HUG
HUG operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as IndiGG, Easy, GARI, xPortal and Pop Social, among others.
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Online community-based gaming platform
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Decentralized social platform for connecting with friends
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Crypto-based social media platform
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Intelligent wallet for crypto management, trading, and earning yields securely.
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Web3 users are connected through a social networking platform.
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Web3 platform for t brands, celebrities & artists the ability to enhance, promote, license, and sell their work
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Detailed competitors of HUG
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
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Latest news on Hug
Complete news archive for HUG
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Frequently Asked Questions about HUG
HUG was founded in 2022 and raised its 1st funding round 1 year after it was founded.
HUG is headquartered in New York, United States. It is registered at New York, New York, United States.
Randi Zuckerberg is the current CEO of HUG. They have also founded this company.
HUG is a funded company, having raised a total of $5M across 1 funding round to date.
As of Dec 31, 2024, the latest employee count at HUG is 3.
A digital marketplace is operated by HUG for artists and buyers. Artworks are showcased, sold, and discovered through the platform. The service is focused on connecting creators with potential customers in the art sector. Solutions are provided to facilitate online transactions and visibility for artists.
HUG offers HUG Platform.
HUG has 6 investors. Key investors include OKX, Implication Capital, BOLD, Venrex, and AA Sons.