What is Hinge?
Hinge, Inc., formerly known as Cleod9, Inc., is a technology company based in New York, New York, that specializes in developing mobile, internet, and social platforms. The company's core product allows users to connect with individuals within their social circles by enabling them to browse validated profiles, photos, and mutual connections. Founded in 2011, Hinge aims to facilitate meaningful connections through its application, differentiating itself in the crowded social networking market. The company's focus on leveraging social graphs for user discovery positions it within the broader social media and dating application sectors.
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 500.com and Piedmont Capital
Debt (2013): $4M supported by 500.com, Cam Drummond, Red Swan Ventures, Militello Capital, Fortify Ventures, Eniac Ventures, Social Capital, Evan Burfield, Graph Ventures, David Fischer, Middleland Capital, Raj Sandhu, Great Oaks Venture Capital, and Prashant Malik
Series B (2014): $4.5M featuring Great Oaks Venture Capital, Lowercase Capital, CAA Ventures, Middleland Capital, Lumia Capital, and Founders Fund
Series A (2014): $12M backed by Shasta Ventures, Eniac, Great Oaks, Lowercase, and CAA Ventures
Key Investors in Hinge
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.
Lowercase Capital
Lowercase Capital is an investment firm that focuses on early-stage technology companies.
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?
With the recent strategic investment and substantial overall capital raised, Hinge is poised for a new phase of growth and innovation. The company's trajectory, marked by consistent funding rounds from Seed to Series B, indicates a strong investor confidence in its product and market strategy. Future developments are likely to focus on enhancing user experience, expanding its feature set, and potentially exploring new market segments or international expansion. The company's ability to attract diverse investment, including venture capital and strategic backing, suggests a robust business model and a clear path toward scaling its operations and user base.
See full Hinge company page
