What is Hinge?
Hinge, Inc., formerly known as Cleod9, Inc., is a technology firm based in New York, New York, specializing in the development of mobile, internet, and social platform applications. Founded in 2011, the company's core product allows users to connect with individuals within their social networks by enabling the review of validated profiles, photos, and mutual connections. The platform facilitates discovery through shared interests, religion, and other personal details, aiming to foster meaningful connections.
How much funding has Hinge raised?
Hinge has raised a total of $21.3M across 5 funding rounds:
Other Financing Round
$100K
Angel/Seed
$650K
Debt
$4M
Series B
$4.5M
Series A
$12M
Other Financing Round (2012): $100K with participation from Fortify Ventures
Angel/Seed (2013): $650K led by Piedmont Capital and 500.com
Debt (2013): $4M supported by Eniac Ventures, Raj Sandhu, Social Capital, Cam Drummond, Evan Burfield, Great Oaks Venture Capital, Red Swan Ventures, Fortify Ventures, 500.com, Prashant Malik, Militello Capital, Graph Ventures, David Fischer, and Middleland Capital
Series B (2014): $4.5M featuring Middleland Capital, Great Oaks Venture Capital, CAA Ventures, Lowercase Capital, Founders Fund, and Lumia Capital
Series A (2014): $12M backed by Great Oaks, Eniac, CAA Ventures, Shasta Ventures, and Lowercase
Key Investors in Hinge
Middleland Capital
Middleland Capital is a thematic venture capital fund focused on catalyzing global change in the food and health sectors. With over $100 million invested, the firm specializes in innovative foodtech and agtech, having evaluated more than 1,000 companies and made 25 direct investments.
Great Oaks Venture Capital
Great Oaks Venture Capital operates as an early-stage investment firm focused on identifying and supporting founders building transformative companies. The firm deploys capital across Pre-Seed, Seed, and Series A funding rounds, working closely with entrepreneurs who are solving meaningful problems across multiple sectors.
CAA Ventures
Founded in 1975 and headquartered in Los Angeles, California, Creative Artists Agency is an entertainment and sports agency that represents professionals working in film, television, music, video games, theatre, commercial endorsements, and digital content, and provides a range of strategic marketing and consulting services to corporate clients.
What's next for Hinge?
The substantial enterprise-level funding Hinge has garnered indicates a strategic push towards scaling operations and potentially expanding its product offerings or market reach. Given the 'major strategic investment' context for its most recent financing, the company is likely poised for significant growth initiatives. This could involve enhancing its technological infrastructure, broadening its user base, or exploring new avenues for user engagement and monetization. The consistent flow of capital suggests a company in a robust growth phase, focused on solidifying its position in the competitive social networking landscape.
See full Hinge company page
