Hangout
PrivateLast Round
Seed
Aug 29, 2024
Total Funding Raised
$15.2M
Company Overview
Hangout, a product of Turntable Labs, Inc., is a social music platform designed for users to discover and share music in real-time, interactive virtual spaces. Founded by Joseph Perla, who was previously involved with the original social listening service Turntable.fm, Hangout allows users to act as virtual DJs, create personalized rooms, and interact with a global community. The platform provides access to a licensed library of over 100 million songs from major and independent labels. The company raised $8.2 million in a seed funding round to support its public launch in 2024. The service is available on web, iOS, Android, and as an integrated activity on Discord.
Sector
Media, Entertainment & Gaming
Verticals
Music Streaming, Social Media, User-Generated Content, Creator Economy
Business Model
B2C
Customer Profile
Freemium
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Hangout Comps
Public and private peers based on sector, stage, and business model.
Hangout Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Aug 29, 2024 | ||||
| Seed | Mar 28, 2023 |
Hangout Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Founders Fund | Seed |
| F7 Ventures | Seed |
| Elizabeth Street Ventures | Seed |
| 468 Capital | Seed |
Hangout Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Hangout's valuation, stock price, and market status.
