# Hoop

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

- Industry: Software
- Headquarters: US
- Website: www.hoop.app/
- Total disclosed funding: $5M
- Latest round: Seed (Jun 5, 2024)
- Investors on record: 4

## About

Founded in 2022 and based in New York, US, Hoop, Inc. operates as a provider of an AI-enabled platform that automatically gathers and organizes tasks across tools like Zoom, Google Meet, and Slack. Stella Garber (CEO), Justin Gallagher (CPO), and 
Brian Schmidt are the co-founders of the company. In June 2024, Hoop, Inc. raised USD 5 million in seed funding led by Index Ventures, including Origin Ventures, Divergent Capital, and Chingona Ventures.

The company’s primary product is an AI-driven task management tool designed to streamline workflows by automatically capturing tasks from collaboration tools like Slack, Zoom, and Google Meet. The firm allows users to focus on their meetings and communications without the need to manually track tasks by integrating with commonly used tools. Hoop’s AI captures actionable items and consolidates them into a single, centralized location, enabling users to stay organized. The company employs enterprise-grade security practices to protect user data, ensuring it is encrypted and never used to train AI models.

The organization plans to use the June 2024 funding for the development of its product.

## Funding rounds

- Seed, Jun 5, 2024, $5M — Index Ventures, Origin Ventures, Chingona Ventures, Divergent Capital

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Seed
- Origin Ventures (https://capitalatlas.ai/funds/origin-ventures) — Seed
- Chingona Ventures (https://capitalatlas.ai/funds/chingona-ventures) — Seed
- Divergent Capital (https://capitalatlas.ai/funds/divergent-capital) — Seed