Tech Company Financing Transactions

Hoopo Funding Round

The Dock, Global IoT Technology Ventures and HICO joined a $10 million Series A capital raise for Hoopo. The round was announced on 8/12/2022.

Transaction Overview

Company Name
Announced On
8/12/2022
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Proceeds Purpose
The company intends to use the funds to further growth in the transportation, aviation, and waste management space, develop a tracking solution for the maritime industry, transforming dry containers into smart, manageable fleets. Each tracking unit will be designed to last for the asset's entire lifetime, while ensuring item-level visibility.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
730 Arizona Ave 206
Santa Monica, CA 90401
USA
Phone
Undisclosed
Email Address
Overview
Hoopo is a leading global provider of cutting-edge, low-cost, power-efficient tracking solutions. Our mission is to help businesses easily track and manage their logistics operations more efficiently and cost-effectively by providing real-time data and analytics, to easily monitor assets, gain actionable insights, and make proactive, data-driven decisions to prevent bottlenecks, optimize utilization, and perform timely maintenance actions.
Profile
Hoopo LinkedIn Company Profile
Social Media
Hoopo Company Twitter Account
Company News
Hoopo News
Facebook
Hoopo on Facebook
YouTube
Hoopo on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ittay Hayut
  Ittay Hayut LinkedIn Profile  Ittay Hayut Twitter Account  Ittay Hayut News  Ittay Hayut on Facebook
Co-Founder
Daniel Avitzou
  Daniel Avitzou LinkedIn Profile  Daniel Avitzou Twitter Account  Daniel Avitzou News  Daniel Avitzou on Facebook
Co-Founder
Ilan Lozovsky
  Ilan Lozovsky LinkedIn Profile  Ilan Lozovsky Twitter Account  Ilan Lozovsky News  Ilan Lozovsky on Facebook
Co-Founder
Menachem Tipris
  Menachem Tipris LinkedIn Profile  Menachem Tipris Twitter Account  Menachem Tipris News  Menachem Tipris on Facebook


 

 

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Prev: 8/12/2022: Wire venture capital transaction
Next: 8/12/2022: Skipper venture capital transaction

 

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We document every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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