Hook, a NYC-based music platform, extended its Seed funding with an additional undisclosed amount.
The latest round was led by Natalie Massenet and Nick Brown’s Imaginary Ventures and a group of strategic music and social media industry investors and advisors. This additional investment brought the total of Hook’s Seed round, which was led by Point72 Ventures and Edgar Bronfman Jr.’s Waverley Capital, to $3.5M (read here).
The company intends to use the funds to expand operations and development efforts.
Led by Gaurav Sharma, Founder and CEO, Hook is a music technology platform that empowers artists and rights holders to monetize the use of fan-generated remixes on social media, while also creating a new stream of revenue for artists and labels.
In addition to Point72 Ventures and Waverley Capital, Hook’s previously announced Seed funding round included Three Six Zero, and Avex.
FinSMEs
07/03/2024