# Humm

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

- Industry: Biotechnology
- Headquarters: Berkeley, US
- Website: www.thinkhumm.com
- Total disclosed funding: $2.9M
- Latest round: Seed (Dec 18, 2019)
- Investors on record: 3

## About

Humm provides innovative financial solutions aimed at improving consumer purchasing experiences through flexible payment options, enhancing accessibility and convenience for users in the financial services sector.Humm was founded in 2017 and is headquartered in Berkeley, US. The company specializes in offering financial solutions that allow consumers to manage their purchases through flexible payment options. The founder, Tim Fiori, has a background in entrepreneurship. In March 2022, Humm discontinued its operations after raising a total of USD 2.60 mn across 4 funding rounds, with the latest round being a Seed round led by BlueYard Capital.Humm specializes in providing innovative financial services that offer users flexible payment options for their purchases. The primary product includes a user-friendly platform that allows consumers to access various financial products designed to enhance their purchasing experience. The company targets a diverse market, focusing on improving accessibility for consumers in need of financial flexibility.Humm generates revenue through transactional structures that cater to individual consumers. Its primary revenue model includes various subscription services and payment plans, offering users the ability to manage their purchases over time. The company aims to create partnerships that facilitate B2B transactions, allowing businesses to reach a broader audience through its platform.Following the recent discontinuation of operations in March 2022, Humm has not outlined specific future growth plans or product launches. The company will need to reassess its strategies in light of its recent operational changes. As of now, no further expansion into new markets or regions has been publicly announced.

## Funding rounds

- Seed, Dec 18, 2019, $2.6M — BlueYard Capital
- Seed, Jun 30, 2019, $0.1M — Bolt, Larsen Ventures
- Seed, Apr 1, 2018, $0.1M — Larsen Ventures

## Investors

- Larsen Ventures (https://capitalatlas.ai/funds/larsen-ventures) — Seed
- Bolt (https://capitalatlas.ai/funds/bolt) — Seed
- BlueYard Capital (https://capitalatlas.ai/funds/blueyard-capital) — Seed