What is Hum?
Hum was known for its connected car technology and roadside assistance services, primarily delivered through its Verizon Family app. The platform offered features such as location monitoring, crash detection, and driving insights, aiming to enhance safety and support for families on the road. Although Hum's products and services are no longer available, its focus was on leveraging telematics to provide a comprehensive safety net for vehicle occupants.
How much funding has Hum raised?
Hum has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Hum
PPP
Public-Private Partnership
What's next for Hum?
Given that Hum's products and services are no longer available, the company appears to have ceased active operations in its previous capacity. The large-scale late-stage funding and strategic investment received in April 2020 likely supported its final operational phases or a transition. Future implications may involve the integration of its technology or customer base into other Verizon offerings, or a complete divestiture of its assets. The company's legacy lies in its contribution to the early development of connected car safety features.
See full Hum company page
