What is Hang?
Founded in 2021 and headquartered in California, Hang operates as a non-fungible token (NFT) based brand loyalty platform provider. The company aims to revolutionize how brands engage with their customers by leveraging the unique capabilities of NFTs for loyalty programs, offering enhanced engagement and verifiable ownership for consumers.
How much funding has Hang raised?
Hang has raised a total of $16M across 1 funding round:
Series A
$16M
Series A (2022): $16M with participation from Tiger Global Management, Alexandre Arnault, Night Ventures, Thirty Five Ventures, and Paradigm
Key Investors in Hang
Tiger Global Management
Tiger Global Management is an investment firm deploying capital in both public and private markets, founded in 2001 and headquartered in New York City.
Night Ventures
Night Ventures is an early-stage consumer fund that invests in top teams developing innovative consumer technology, focusing on customer acquisition strategies through content, community, and influencer marketing.
Thirty Five Ventures
Thirty Five Ventures is the family office of Kevin Durant, investing in over 100 startups and managing KD's personal brand and business deals, with a focus on sports leagues and teams.
What's next for Hang?
The recent major enterprise-level funding, including a significant strategic investment, positions Hang for accelerated growth and market expansion. This capital infusion is expected to fuel product development, enhance platform capabilities, and broaden the company's reach within the burgeoning NFT and loyalty program sectors. The Series A financing signifies a critical stage for the company, enabling it to scale its operations and solidify its market presence.
See full Hang company page
