# Hustle

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.hustle.com
- Total disclosed funding: $38M
- Latest round: Series B (Apr 2, 2018)
- Investors on record: 15

## About

Based in California, US, Hustle, Inc. operates a communication platform that enhances engagement between organizations and their audiences through integrated text, video, and voice messaging services.Hustle, Inc. was founded in 2014 in San Francisco, US. The company specializes in peer-to-peer (P2P) communication and has successfully raised USD 30.00 mn in its latest funding round, Series B, led by Insight Partners, including investors such as GV and Salesforce Ventures. The total amount raised by Hustle is USD 30.00 mn, with a current company valuation of USD 132.546 mn. The firm's founder group includes Ankur Singhal, Case Johnson, Dana Arnoldi, and several others. In August 2020, Hustle was acquired by Social Capital, with financial terms undisclosed.Hustle offers an integrated text, video, and voice communication platform designed to enhance engagement between organizations and their audiences. Their core services include peer-to-peer (P2P) texting, video messaging, and automated broadcast communication, enabling users to send thousands of messages simultaneously, automate responses, and facilitate one-on-one conversations. The platform is particularly useful for organizations looking to mobilize their communities, such as political campaigns, nonprofits, educational institutions, and advocacy groups. By leveraging short-form videos and personalized messaging, Hustle allows clients to create impactful communications that inspire action and drive conversions. The platform serves a diverse clientele across numerous geographical markets, including the United States, Canada, and various regions in Europe, catering to large brands, universities, labor unions, and community organizations.Hustle generates revenue through a subscription-based model, allowing clients to access its suite of communication tools and features. Organizations can choose from various pricing plans tailored to their specific needs, which are structured around the volume of messages sent and the range of features utilized. Revenue is produced from direct-to-consumer transactions, enabling clients to integrate text messaging into their marketing strategies effectively. The platform's flagship offerings, such as the P2P texting and video messaging services, provide clients with innovative ways to engage their audiences and enhance their outreach efforts. This structured revenue model emphasizes long-term relationships with clients, fostering ongoing communication and support to drive engagement and ROI.Hustle aims to develop new products and features to further enhance its communication platform. The company is also focused on expanding into additional geographic markets, specifically targeting regions in Europe and Canada by 2022. The recent funding round will be utilized to support these growth initiatives, including product development and market expansion efforts.

## Funding rounds

- Series B, Apr 2, 2018, $30M — Insight Partners, GV, Salesforce Ventures
- Series A, Jul 28, 2017, $8M — Index Ventures, Matrix Partners, Foundation Capital, Twilio Inc., Kapor Capital, Social Capital, Omidyar Network, Designer Fund, Salesforce Ventures, NMV, Canvas Prime, GSV Ventures, Higher Ground Labs

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series A
- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Series A
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Series A
- Twilio Inc. — Series A
- Kapor Capital (https://capitalatlas.ai/funds/kapor-capital) — Series A
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Series A
- Omidyar Network (https://capitalatlas.ai/funds/omidyar-network) — Series A
- Designer Fund (https://capitalatlas.ai/funds/designer-fund) — Series A
- Salesforce Ventures (https://capitalatlas.ai/funds/salesforce-ventures) — Series A, Series B
- NMV (https://capitalatlas.ai/funds/nmv) — Series A
- Canvas Prime (https://capitalatlas.ai/funds/canvas-prime) — Series A
- GSV Ventures (https://capitalatlas.ai/funds/gsv-ventures) — Series A
- Higher Ground Labs (https://capitalatlas.ai/funds/higher-ground-labs) — Series A
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B
- GV (https://capitalatlas.ai/funds/gv) — Series B