Hangout (Miami) Overview
- Year Founded
-
2020
- Status
-
Acquired/Merged
- Employees
-
26
- Latest Deal Type
-
M&A
Hangout (Miami) General Information
Description
Developer of a social music streaming platform designed to facilitate collective listening experiences. The company's technology features customizable virtual rooms, human-curated playlists, and interactive DJ booths, enabling music enthusiasts to stream tracks, chat with friends, and discover new music in a gamified social environment.
Contact Information
Website
www.hangout.fm(Operating Subsidiary)
Corporate Office
- 1111 Brickell Avenue
- Floor 10
- Miami, FL 33131
- United States
Corporate Office
- 1111 Brickell Avenue
- Floor 10
- Miami, FL 33131
- United States
Hangout (Miami) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 22-Sep-2026 | Completed | Generating Revenue | |||
| 5. Early Stage VC (Series A) | Cancelled | Generating Revenue | ||||
| 4. Seed Round | 01-Sep-2024 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 01-Jan-2022 | Completed | Generating Revenue | |||
| 2. Seed Round | 08-Mar-2021 | $621K | $621K | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | Completed | Startup |
Hangout (Miami) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-2 | ||||||||
| Seed-1 | ||||||||
| Seed | 2,477,394 | $0.000010 | $1.61 | $1.61 | 1x | $1.61 | 3.08% |
Hangout (Miami) Comparisons
Industry
Financing
Details
Hangout (Miami) Competitors (3)
One of Hangout (Miami)’s 3 competitors is Tidal Music, a Venture Capital-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Tidal Music | Venture Capital-Backed | New York, NY | ||||
| X (Social/Platform Software) | Formerly PE-Backed | Bastrop, TX | ||||
| Amazon.com | Formerly VC-backed | Seattle, WA |
Hangout (Miami) Signals
Hangout (Miami) Former Investors (16)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 468 Capital | Venture Capital | Minority | ||
| ACME Innovation | Accelerator/Incubator | |||
| Angel (individual) | Minority | |||
| Elizabeth Street Ventures | Venture Capital | Minority | ||
| F7 Ventures | Venture Capital | Minority |
Hangout (Miami) Acquisitions (1)
Hangout (Miami)’s most recent deal was a Merger/Acquisition with Jqbx. The deal was made on 14-Apr-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Jqbx | 14-Apr-2023 | Merger/Acquisition | Movies, Music and Entertainment |
Hangout (Miami) FAQs
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When was Hangout (Miami) founded?
Hangout (Miami) was founded in 2020.
-
Where is Hangout (Miami) headquartered?
Hangout (Miami) is headquartered in Miami, FL.
-
What is the size of Hangout (Miami)?
Hangout (Miami) has 26 total employees.
-
What industry is Hangout (Miami) in?
Hangout (Miami)’s primary industry is Social/Platform Software.
-
Is Hangout (Miami) a private or public company?
Hangout (Miami) is a Private company.
-
What is Hangout (Miami)’s current revenue?
The current revenue for Hangout (Miami) is .
-
How much funding has Hangout (Miami) raised over time?
Hangout (Miami) has raised $8.82M.
-
Who are Hangout (Miami)’s investors?
468 Capital, ACME Innovation, , Elizabeth Street Ventures, and F7 Ventures are 5 of 16 investors who have invested in Hangout (Miami).
-
Who are Hangout (Miami)’s competitors?
Tidal Music, X (Social/Platform Software), and Amazon.com are competitors of Hangout (Miami).
-
When was Hangout (Miami) acquired?
Hangout (Miami) was acquired on 22-Sep-2026.
-
Who acquired Hangout (Miami)?
Hangout (Miami) was acquired by GRAI.
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