hi5 Networks
Latest round
- Series C
Last raised
- Jul 2010
Total raised
- $33M
Investors
- 2
About hi5 Networks
hi5 Networks Inc.Founded in 2003, hi5 Networks Inc. is headquartered in San Francisco, US. The company provides a social networking platform designed to connect users for friendships and romantic relationships. In December 2011, Tagged Inc. acquired hi5. Ingo Fängmer is the founder of hi5, who has a history of founding other ventures.hi5 operates as a social networking platform primarily focused on facilitating connections among users who seek to meet new people. The platform enables users to create personalized profiles, engage in messaging, and discover potential friends or partners through various interactive features. Targeting individuals seeking friendships and romantic relationships, hi5 serves a diverse user base across North America, Europe, and parts of Asia.hi5's revenue model predominantly revolves around advertising and premium memberships, which offer additional features for a fee. While basic functionalities can be accessed for free, users can subscribe to premium services that unlock enhanced capabilities such as advanced search filters and an ad-free experience. Revenue is generated through B2C transactions, where users upgrade to premium memberships or engage with advertisements.Following the acquisition by Tagged Inc. in December 2011, hi5 intends to focus its future growth strategy on enhancing its product offerings and expanding into new markets. Plans include launching new interactive features and functionalities designed to improve user engagement, although specific release dates are not mentioned. The company is also looking to expand its reach within North America and into additional markets in Europe and Asia.
Who invested in hi5 Networks
2 investors across 2 rounds
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Questions about hi5 Networks
Who invested in hi5 Networks?
hi5 Networks has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has hi5 Networks raised?
hi5 Networks has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did hi5 Networks last raise money?
hi5 Networks's most recent round on record is a Series C, in Jul 2010.
What does hi5 Networks do?
hi5 Networks is a internet company.
Where is hi5 Networks headquartered?
hi5 Networks is headquartered in San Francisco, US.
Which VCs invest in companies like hi5 Networks?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at hi5 Networks's stage. Their profiles are linked below.
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