What is Hustle?
Founded in 2014 and headquartered in San Francisco, California, Hustle operates a peer-to-peer text messaging platform designed for political campaigns, higher education institutions, and non-profit organizations. The company's technology facilitates direct communication, enabling these entities to engage with their target audiences more effectively. Hustle's focus on critical sectors highlights its role in modern communication strategies for advocacy and outreach.
How much funding has Hustle raised?
Hustle has raised a total of $41.9M across 4 funding rounds:
Private Equity
$2.9M
Series A
$8M
Series B
$30M
Debt
$1M
Private Equity (2016): $2.9M with participation from Designer Fund, Social Capital, Canvas Ventures, Index Ventures, and Matrix Partners
Series A (2017): $8M led by New Media Ventures, Foundation Capital, GSV Acceleration, Higher Ground Labs, Kapor Capital, Omidyar Network, Designer Fund, Canvas Ventures, Social Capital, Matrix Ventures, Index Ventures, and Twilio.org Impact Fund
Series B (2018): $30M supported by Insight Venture Partners
Debt (2020): $1M featuring PPP
Key Investors in Hustle
Designer Fund
Designer Fund is an investment firm that focuses on empowering leaders to enhance the world through design. They invest in early-stage technology companies that leverage design to promote health, sustainability, and overall prosperity.
Social Capital
Social Capital is an organization that identifies hard problems and assembles experts, IP, and experiments to solve them, aiming to advance humanity by tackling the world's most challenging issues through empowering entrepreneurs.
Canvas Ventures
Canvas Ventures is a boutique firm leading Series A investments in transformative companies, with a thesis-driven approach to scouting and securing fields ripe for disruption, including fintech, digital health, marketplaces, and logistics.
What's next for Hustle?
With the recent major strategic investment, Hustle is poised to further enhance its platform capabilities and expand its market reach. The substantial enterprise-level funding suggests a strategic focus on scaling operations, potentially through technological advancements, team expansion, and deeper penetration into its core markets. This capital injection is expected to solidify Hustle's position as a key player in the communication technology sector for non-profits and political organizations.
See full Hustle company page
