hello.app
hello.app is a technology company.
Financial History
hello.app has raised $730K across 2 funding rounds.
Frequently Asked Questions
How much funding has hello.app raised?
hello.app has raised $730K in total across 2 funding rounds.
hello.app is a technology company.
hello.app has raised $730K across 2 funding rounds.
hello.app has raised $730K in total across 2 funding rounds.
hello.app is a Barcelona-based technology company founded in 2022 that builds a decentralized storage platform for Web3 users, enabling them to store data securely on a blockchain-powered network while earning rewards by contributing device storage space.[1][2][3] It serves individuals and Web3 enthusiasts seeking alternatives to centralized cloud giants like Dropbox or Google, solving key problems of data privacy, single points of failure, and lack of user control by offering user-owned, open-source storage with 100GB free for new users.[2][3] The company has demonstrated strong growth momentum, amassing nearly 200,000 users across 200+ countries and raising €500k ($540k) in seed funding at a €16 million valuation in July 2024, with total funding of $720k over three rounds; it targets 3 million users by the end of 2025.[3][5]
hello.app was founded in 2022 by teenage entrepreneurs Álvaro Pintado Santaularia (CEO, 19 years old at the time of funding) and Alexander Baikalov, both young visionaries from Spain addressing flaws in Web2 centralized storage dominated by tech giants.[2][3] The idea emerged from Pintado's recognition of widespread data privacy concerns, aiming to "re-wire the status quo" with a user-centric, transparent Web3 framework where individuals retain data ownership.[2] Early traction included a strategic €115,000 ($120,000) purchase of the premium hello.app domain to drive mainstream adoption, launching as the world's first user-controlled, open-source decentralized storage app, which quickly built a global user base of nearly 200k.[2][3]
hello.app stands out in the decentralized storage space through these key features:
hello.app rides the explosive growth of Web3 and decentralized infrastructure, capitalizing on rising demand for data sovereignty amid privacy scandals and centralization risks in Web2 clouds.[2][3][4] Its timing aligns perfectly with blockchain maturation and the shift toward distributed networks, where everyday devices can supplant costly data centers—market forces like surging crypto adoption and AI-driven storage needs amplify this.[3] By enabling user-owned storage, it influences the ecosystem by democratizing data economies, challenging incumbents, and accelerating Web3 mainstreaming through incentives and global scale.[2][3]
hello.app is poised for hypergrowth, leveraging its €16M valuation and user momentum to hit 3M users by late 2025 via expanded rewards, partnerships, and Web3 integrations.[3] Trends like decentralized physical infrastructure networks (DePIN), rising tokenomics for storage, and regulatory pushes for data privacy will propel it, potentially disrupting cloud markets as device-based networks scale. Its influence could evolve from niche Web3 player to global storage contender, redefining user-centric tech if it sustains innovation and adoption—echoing its bold origin as a teenage-led challenge to giants.[2][3]
hello.app has raised $730K in total across 2 funding rounds.
hello.app's investors include Omnis Mundi, Cornelius Boersch, Heiko Rauch.
hello.app has raised $730K across 2 funding rounds. Most recently, it raised $540K Seed in July 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2024 | $540K Seed | Omnis Mundi, Cornelius Boersch, Heiko Rauch | |
| Jun 1, 2023 | $190K Seed | Omnis Mundi, Cornelius Boersch, Heiko Rauch |