LEADING DIRECT-TO-CONSUMER SPORTS PLATFORM, HANG, RAISES $9.2M SERIES A ROUND
Summary
Joining the round were Clara Vista Investment Partners, whose partners include former NBCU Television Chairman Jeff Gaspin, former Credit Suisse TMT chairman Mark Simonian, and Bob Gold, former CEO of Ridgewood Capital; Ratner Ventures, an investment and consulting firm lead by Hank Ratner, the former CEO of the Madison Square Garden Company; Brown Angel Group; and Anthony Baranello, a private investor. HANGs unique combination of broad reach and deep Gen Z engagement has drawn leading sponsors, including Toyota, Wells Fargo, MolsonCoors, Coca-Cola, Dave & Busters, Academy Sports + Outdoors, Smokey Bones, and Pernod-Ricard. "Gen Z fans want sports viewing to be a communal experience, and they crave authentic, up-close access to their favorite personalities," said Jon Klein, HANGs co-founder and CEO. By building community and interactivity into traditional sports viewing, HANG is transforming these everyday events into unique experiences that directly connect fans with their celebrity heroes to create lasting memories. Since HANGs founding in September 2021, more than 22 million young sports fans have come face-to-face with their idols star athletes, performers, and influencers while everyone watches the game on their own devices.
Funding
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