What is Hive?
Established in 2015, Hive operates as a community-built project management and collaboration platform designed to accelerate team productivity. Unlike traditional, rigid software solutions, Hive integrates project tracking, team communication, and workflow automation into a unified interface. This approach allows organizations of all sizes to streamline complex processes, reduce operational friction, and foster better cross-departmental alignment. By prioritizing user feedback and iterative development, Hive has carved out a distinct niche in the enterprise software landscape, positioning itself as a versatile alternative to legacy project management tools.
How much funding has Hive raised?
Hive has raised a total of $26M across 5 funding rounds:
Private Equity
$1.1M
Unspecified
$4M
Series A
$10.6M
Debt
$350K
Unspecified
$10M
Private Equity (2016): $1.1M, investors not publicly disclosed
Unspecified (2017): $4M led by Vocap Investment Partners, Tribeca Venture Partners, and Rembrandt Venture Partners
Series A (2019): $10.6M supported by Comcast Ventures
Debt (2020): $350K featuring PPP
Unspecified (2021): $10M backed by Zoom Video Communications, AngelPad companies, Tribeca Venture Partners, and Rembrandt Venture Partners
Key Investors in Hive
Zoom Video Communications
A global leader in communications technology, Zoom provides essential video conferencing and collaboration solutions that have become foundational to remote and hybrid work environments.
Tribeca Venture Partners
A multi-stage venture capital firm based in New York that partners with gritty founders to leverage emerging technologies and build category-defining companies.
Rembrandt Venture Partners
A venture capital firm with over 30 years of operating experience, focusing on high-growth software, security, and DevOps companies that shape the future of enterprise technology.
What's next for Hive?
With the recent influx of capital, Hive is well-positioned to accelerate its product roadmap and expand its footprint within the enterprise sector. The strategic focus will likely center on deepening integration capabilities with other essential business tools and enhancing the platform's AI-driven analytics to provide actionable insights for project managers. As the company matures, the emphasis will shift toward scaling its go-to-market strategy and capturing a larger share of the global collaboration market. By maintaining its commitment to community-led innovation, Hive aims to solidify its status as an indispensable component of the modern digital workplace, driving long-term value for its stakeholders and users alike.
See full Hive company page