# Hype Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hype-labs

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.hypelabs.io
- Total disclosed funding: $3M
- Latest round: Seed (Dec 10, 2019)
- Investors on record: 8

## About

Hype Labs Inc. is a technology company that provides a decentralized wireless internet connectivity platform, enabling users to enhance internet access through their Wi-Fi routers.Founded in 2015, Hype Labs Inc. is based in San Francisco, US. The company specializes in decentralized internet connectivity solutions. The founders include André Francisco, Ashod Donikian, Carlos Santos, Edward W, Jakob Neise, and Joe Kim. Carlos Santos and Joe Kim serve as CEOs. In December 2019, Hype Labs raised USD 3.00 mn in a Seed funding round led by Innogy Ventures with participation from investors like AngelPad, Caixa Capital, and others. The total amount raised by the company is USD 3.00 mn.Hype Labs Inc. offers a decentralized wireless internet connectivity platform through its Uplink App. This app allows users to register their Wi-Fi routers, contributing to a unified internet ecosystem and earning points in the process. The service caters to both residential and enterprise clients, with a focus on Latin America. The ecosystem includes various roles that ensure reliable and secure internet access while providing proofs of connectivity.Hype Labs generates revenue through a points-based reward system linked to its decentralized platform. Users earn points by contributing their connectivity resources, which can be redeemed or exchanged within the ecosystem. Revenue is also derived from partnerships with enterprises deploying connectivity infrastructure, compensated through the platform, along with B2B and direct-to-consumer transactions for tailored connectivity services.Hype Labs plans to leverage its recent USD 3.00 mn funding from the December 2019 Seed round to enhance its product offerings and expand its market reach. The company is focused on developing new features for the Uplink App and aims to enter additional markets in Latin America by 2021, targeting broader accessibility to reliable internet connectivity.

## Funding rounds

- Seed, Dec 10, 2019, $3M — DTCP, Novabase Capital, Caixa Capital, AngelPad, Mustard Seed, Innogy Ventures, EDP Ventures
- Seed, Jan 1, 2016 — DTCP, AngelPad, Hubraum

## Investors

- DTCP — Seed
- AngelPad (https://capitalatlas.ai/funds/angelpad) — Seed
- Hubraum — Seed
- Novabase Capital (https://capitalatlas.ai/funds/novabase-capital) — Seed
- Caixa Capital (https://capitalatlas.ai/funds/caixa-capital) — Seed
- Mustard Seed — Seed
- Innogy Ventures (https://capitalatlas.ai/funds/innogy-ventures) — Seed
- EDP Ventures (https://capitalatlas.ai/funds/edp-ventures) — Seed