Community Networking Platform, hOp, Secures $8 Million in Series A Funding

Investment will help the social-networking-as-a-support startup in expanding workforce by 50% in the start of new strategic distribution interactions and in the enlargement of the hOp patent portfolio.

Push Launch

updated: Jul 16, 2021 14:00 CDT

Group system hOp, created to decentralize social networking and foster genuine community, introduced currently that they have raised $8 million in Collection A. The round was led by Neil Ramsey of Qubit PE.

“The time for genuine neighborhood is now, the way ahead is decentralized, vertical-primarily based group, and these fellas are undertaking it.”

“hOp’s solution to a decentralized social system is likely to revolutionize the way we build community for the better.” – Neil Ramsey, Series A Guide Trader

Due to the fact its launch in 2015, hOp has pioneered Social Networks-as-a-Company (SNaaS) by connecting citizens in the multifamily real estate market place, providing a system for condominium inhabitants to link, check with for favors, swap products, vote on neighborhood issues and a lot more. Within just this design, hOp also supplies local enterprises with free of charge, in-application advertising chances proven to close by app people. In 2020, hOp announced API integrations with a few big property administration softwares: Yardi, RealPage, and Entrata, delivering an even a lot more impactful option for residential apartment managers. 

“We are energized by this assist to enable far more persons get the instruments to aid and evaluate authentic local community.” – Chris Peifer, Co-Founder/CEO

hOp designs to put this spherical of funding to use by investing in their mental home with the filing of much more patents (of which there are at this time 3), pursuing a using the services of goal to enhance their workforce by 50% by the finish of 2021, and growing the selection of hOp driven social networks via several strategic distribution associations.   

The organization beforehand lifted numerous rounds of Seed funds, which brings the complete raised to just more than $19 million. 

About hOp

Established in 2015, hOp is a Community-as-a-Support system wherever your concept is heard and your local community is protected. hOp gives a personal social community exactly where community members link with their neighbors and neighborhood retailers with out disclosing personalized identifiable facts. Our mission is to give the ownership of group again to the people today who developed it. 

We provide your associates with natural and organic avenues to develop into invested in the community you’ve got curated by helping just about every other we phone it a hOp. Obtain thoughtfully curated analytics and insights to generate deeper, additional meaningful local community participation by leveraging our neighborhood-constructing professionals and automatic resources. 

With each hOp, we transform beneficial activities into optimistic evaluations, study about what motivates and excites your local community, and assistance you retain your customers by turning them into community advocates.

Anna Epps, Sr. Marketing Strategist at hOp

[email protected] life

Understand a lot more about hop on our internet site at hop.existence.

Source: hOp

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