How Much Did Hustle Raise?
Funding & Key Investors

Hustle, a company operating in the peer-to-peer text messaging platform sector for politics, higher education, and non-profits, has secured significant enterprise-level funding, with a total capital infusion of $41.9M. The company recently announced a major strategic investment of $1M, underscoring its continued growth and market traction. This latest financing round follows a series of previous funding rounds, indicating a robust investment history and sustained investor confidence in Hustle's business model and expansion potential.

What is Hustle?

Hustle
SoftwareContent & Collaboration Software

Founded in 2014 and headquartered in San Francisco, California, Hustle provides a sophisticated peer-to-peer text messaging platform designed to facilitate communication for political campaigns, educational institutions, and non-profit organizations. The platform enables organizations to engage with their target audiences through direct, personalized text message outreach, fostering deeper connections and driving action. Hustle's technology is instrumental in mobilizing supporters, disseminating information, and coordinating efforts within these critical sectors.

How much funding has Hustle raised?

Hustle has raised a total of $41.9M across 4 funding rounds:

2016

Private Equity

$2.9M

2017

Series A

$8M

2018

Series B

$30M

2020

Debt

$1M

Private Equity (2016): $2.9M with participation from Index Ventures, Canvas Ventures, Matrix Partners, Designer Fund, and Social Capital

Series A (2017): $8M led by Designer Fund, GSV Acceleration, Higher Ground Labs, Twilio.org Impact Fund, Social Capital, Matrix Ventures, Omidyar Network, Index Ventures, Canvas Ventures, New Media Ventures, Foundation Capital, and Kapor Capital

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.

GSV Acceleration

GSVlabs Inc. provides acceleration programs and events for startups focusing on EdTech, sustainability, Big Data, and mobility verticals. GSVlabs Inc. is headquartered in San Mateo, CA and was founded in 2012.

Higher Ground Labs

Higher Ground Labs is building an ecosystem for progressive political technology. The company provides capital, assistance, programming, and mentorship to talented individuals and early-stage companies that are building the next generation of progressive political technology.

What's next for Hustle?

The recent major strategic investment signals a pivotal moment for Hustle, likely enabling the company to accelerate its product development, expand its market reach, and enhance its operational capabilities. Given the enterprise-level funding context, Hustle is positioned for significant scaling, potentially exploring new verticals or deepening its penetration in existing markets. Future strategic initiatives may involve further technological innovation to maintain a competitive edge in the rapidly evolving communication technology landscape, alongside potential partnerships to broaden its service offerings and client base.

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Frequently Asked Questions Regarding Hustle Financial Insights

What are the most recent funding rounds that Hustle has completed, and what were the funding rounds?
Hustle has recently completed 3 funding rounds: Debt on May 18, 2020, Series B on May 1, 2018, Series A on Jul 27, 2017.
What is the total amount of funding Hustle has raised to date?
Hustle has raised a total of $41.9M in funding to date.
How many funding rounds has Hustle completed?
Hustle has completed 3 funding rounds.
How much funding did Hustle raise in its most recent funding round?
Hustle raised $1M in its most recent funding round.
Who are the lead investors in Hustle's latest funding round?
The lead investor in Hustle's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Hustle's history?
The largest funding round in Hustle's history was $30M.
See more information about Hustle