# hitRECord.org

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hitrecord-org

- Industry: Internet
- Headquarters: Glendale, US
- Website: www.hitrecord.org
- Total disclosed funding: $6.4M
- Latest round: Series A (Jan 31, 2019)
- Investors on record: 4

## About

Based in the US, hitRECord.org, Inc. is an open collaborative platform designed to empower creative individuals to work together on artistic projects, fostering community engagement and collective creativity.hitRECord.org, Inc. operates as a collaborative platform, allowing users to engage collectively in creative projects. Founded in 2010 in Glendale, US, the company raised USD 6.40 mn in Series A funding on January 31, 2019, led by Javelin Venture Partners, with participation from Advancit Capital, Crosslink Capital, and Gaingels Syndicate. The founder, Joseph Gordon-Levitt, has prior experience in the entertainment industry, which informs the company's approach to creative collaboration.HITRECORD operates as a collaborative platform that enables individuals to engage in creative projects collectively. Their core offerings include Class Projects, which provide users structured opportunities to learn and create skills alongside community members, fostering an environment of shared creativity. The platform features a Community Tab where users can explore various collaborative art projects and contribute to ongoing initiatives, such as the "Virtual Monuments" project, which celebrates Black Excellence in partnership with the Frederick Douglass Family Initiatives. HITRECORD serves a diverse user base, including artists, writers, musicians, and creative enthusiasts from various geographical locations, including North America and Europe.HITRECORD generates revenue through a model that emphasizes community-driven projects and collaborative efforts. Revenue streams may include partnerships with organizations and educational institutions that leverage the platform for creative learning and engagement. Transactions typically involve users participating in Class Projects or collaborating on art pieces, and the company may also engage in revenue-sharing agreements for the works produced through its platform. Specific pricing structures for project participation or premium features have not been disclosed, but the company emphasizes accessibility and community interaction.Following the Series A funding raised in January 2019, hitRECord.org, Inc. plans to allocate the funds towards improving its platform. The company is focused on enhancing user experience and expanding its project offerings to engage more creatively with its community. There are plans for potential expansion into European markets to increase its user base and collaborative opportunities, targeting completion by 2024.

## Funding rounds

- Series A, Jan 31, 2019, $6.4M — Crosslink Capital, Javelin Venture Partners, Advancit Capital, Gaingels

## Investors

- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Series A
- Javelin Venture Partners (https://capitalatlas.ai/funds/javelin-venture-partners) — Series A
- Advancit Capital (https://capitalatlas.ai/funds/advancit-capital) — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A