Tech Company Financing Transactions
Hour One Funding Round
On 8/18/2020, Hour One secured $5 million in Seed funding from Galaxy Digital, Kindred and Remagine Ventures.
Transaction Overview
Company Name
Announced On
8/18/2020
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
Galaxy Digital (Lead Investor) (Sam Englebardt)
Kindred (Lead Investor)
Remagine Ventures (Lead Investor) (Eze Vidra)
Proceeds Purpose
Hour One will use the funds to scale its AI-driven cloud platform, onboard "thousands" of new characters and expand its commercial activities.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
150 W 22nd St.
New York, NY 10011
USA
New York, NY 10011
USA
Phone
Website
Email Address
Overview
Hour One is the world's first synthetic character platform based on real-life people for professional and commercial use. We help businesses communicate with their customers to increase engagement and sales. Our characters are completely generated using computers in a quality that's already proven to pass a Turing test.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Oren Aharon
Chief Technical Officer
Lior Hakim
Vice President
Oded Granot
Browse more venture capital transactions:
Prev: 8/17/2020: Help Lightning venture capital transaction
Next: 8/18/2020: Keeper Security venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to report on tech company VC transactions. VC investment data records on this site come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs