# Hooch

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hooch

- Industry: Travel & Leisure
- Headquarters: New York, US
- Website: www.hooch.co
- Total disclosed funding: $11M
- Latest round: Seed (May 22, 2018)
- Investors on record: 6

## About

Hooch Inc. is a subscription-based platform that enhances customer engagement in the hospitality sector by connecting businesses with their clientele through curated digital experiences.Founded in 2015 in New York, Hooch Inc. specializes in providing tailored experiences for the hospitality and leisure industries. The company's founder, Lin Dai, has previously founded other ventures. Hooch has attracted attention through its funding rounds, including a Seed round in May 2018, where it raised USD 5 million. Investors included Access Industries, Warner Music Group Corp., and Blue Scorpion Investments, among others. The company has completed three deals to date.Hooch.co specializes in providing a subscription-based platform that offers a range of curated experiences and products tailored to the hospitality and leisure sectors. The company enhances customer engagement through unique digital services that connect businesses with their clientele, addressing issues related to customer retention and experience personalization. The platform serves a diverse clientele, including bars, restaurants, and event venues across the United States and select international markets, providing tools for loyalty programs, special promotions, and member-exclusive events.Hooch.co generates revenue through a primarily subscription-based model, where clients pay a recurring fee to access the platform's suite of services. The transactions involve direct agreements with businesses in the hospitality sector, allowing them to leverage Hooch.co’s tools for customer engagement and loyalty. Pricing plans vary based on the services selected, ensuring scalability and tailored offerings, which include premium access to exclusive event promotions and enhanced marketing tools.In May 2018, Hooch Inc. raised USD 5 million in Seed funding to support its initiatives for user growth and product expansion. The company plans to introduce new offerings in response to evolving consumer preferences and aims to expand into additional geographic regions, with a focus on urban areas and international markets. The funding will also facilitate the development of new products designed to enhance customer experiences within the hospitality sector.

## Funding rounds

- Seed, May 22, 2018, $5M — Access Industries, Warner Music Group Corp., Blue Scorpion Investments, FJ Labs, Revelis Capital Group
- Seed, Aug 16, 2017, $4.5M — FJ Labs
- Seed, Oct 10, 2016, $1.7M — Burch Creative Capital, Blue Scorpion Investments

## Investors

- Burch Creative Capital (https://capitalatlas.ai/funds/burch-creative-capital) — Seed
- Blue Scorpion Investments (https://capitalatlas.ai/funds/blue-scorpion-investments) — Seed
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- Access Industries (https://capitalatlas.ai/funds/access-industries) — Seed
- Warner Music Group Corp. — Seed
- Revelis Capital Group (https://capitalatlas.ai/funds/revelis-capital-group) — Seed
