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HUG: Social marketplace connecting artists with collectors, facilitating direct transactions and fostering a community for art discovery and acquisition.
HUG operates as a social marketplace designed to connect artists with collectors. The platform aims to facilitate direct discovery and transactions within the art community, providing a dedicated digital infrastructure for creators to showcase their portfolios, manage sales, and directly engage with potential patrons and enthusiasts. It seeks to democratize access to art markets by offering streamlined tools for artists to manage their online presence and for collectors to explore a curated selection of pieces. The service emphasizes fostering a vibrant, interconnected ecosystem where artists can gain visibility and collectors can acquire unique works, bypassing traditional gallery structures and intermediaries. Further details regarding its operational scale, specific funding rounds, key investors, or executive leadership are not publicly available. Information on its founding year and principal founders is also currently undisclosed.
HUG has raised $5.0M across 1 funding round.
HUG has raised $5.0M in total across 1 funding round.
HUG has raised $5.0M in total across 1 funding round.
HUG's investors include Mark Daniel, Aa Sons, Cryptology, Jae Holdings, L'Or \u2019al, Jeffrey Ren, Samara, Venrex.
HUG has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Seed in April 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 12, 2023 | $5.0M Seed | Mark Daniel | Aa Sons, Cryptology, Jae Holdings, L'Or \u2019al, Jeffrey Ren, Samara, Venrex |