Hustle, a San Francisco, CA-based peer-to-peer text messaging platform, was acquired by Social Capital.
The terms of the transaction were not disclosed.
Following the close of the deal, Steven Pease, Chief Executive Officer, and the Hustle management team will continue in their roles.
Founded in 2014, Hustle offers peer-to-peer text communication tools that create human connections between organizations and their contacts. Its TCPA compliant platform allows for authentic, two-way conversations that develop and strengthen connections over text messaging, eliminating barriers and igniting support for advocacy groups, fundraising, admissions and recruiting. Organizations using the platform include the American Federation of Teachers, Thistle, Sierra Club and New York University.
Hustle is headquartered in San Francisco, California with offices in Washington D.C. .
Social Capital is the technology holding company founded by Chamath Palihapitiya that supports innovative companies in areas including healthcare, artificial intelligence, climate change and space, has acquired the company.