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Hyper Lounge operates as a drive-thru energy drink and smoothie chain, offering a menu of hospitality-focused fruity drinks, coffees, and baked treats, based in Waukee, Iowa, USA. The company primarily targets commuters and Midwest customers, generating revenue through direct sales at its quick-service locations. Hyper Lounge plans significant expansion, aiming to establish 13 locations across Iowa and surrounding states, including eastern Nebraska and Kansas City, Mo., by the end of 2025. The business is associated with the Whalen family, including Chris Whalen and Izzy Whalen, with connections to Mike Whalen and Kim Whalen of Heart of America Group. Hyper Lounge was founded in 2021 by Chris Whalen. Its business model centers on revenue from drive-thru sales of energy drinks, smoothies, coffees, and treats.
Hyper Lounge has raised $8.0M across 1 funding round.
Hyper Lounge has raised $8.0M in total across 1 funding round.
Hyper Lounge has raised $8.0M across 1 funding round. Most recently, it raised $8.0M Series A in December 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 16, 2022 | $8M Series A | Altara Ventures | BA Partners, FuturePlay, Nextrans, Ryukyungpsg Asset Management, Stonebridge, Uclick | Announced |
Hyper Lounge has raised $8.0M in total across 1 funding round.
Hyper Lounge's investors include Altara Ventures, BA Partners, FuturePlay, Nextrans, RyukyungPSG Asset Management, Stonebridge, Uclick.
