Hook, a NYC-based platform where users can legally remix songs by top musicians while earning income, raised $3M in additional funding.
The round, which brought total funding to $6M, included new investments from Khosla Ventures, Kygo’s Palm Tree Crew, and The Raine Group, alongside continued support from existing investors, including Imaginary Ventures, Steve Cohen’s Point72 Ventures, KSHMR, and Waverley Capital, co-founded by former Warner Music Group CEO Edgar Bronfman, Jr.
The company intends to use the funds to will accelerate marketing efforts and strategic hiring, with a focus on user acquisition.
Led by Gaurav Sharma, Founder & CEO, Hook provides a legitimate solution for creators a to generate and distribute licensed remixed music content in short-form formats, while ensuring that rights holders maintain control and monetization of their content.
In four months, the company has partnered with 16 music partners and features music from over 1,200 artists such as Justin Bieber, Teddy Swims, James Blake, BLOND:ISH, Playboi Carti, Ty Dolla $ign, KSHMR, Hardwell, Swae Lee, Big Sean, Migos, Soulja Boy, Sadie Jean, Jaden Smith, Killer Mike and Cash Cobain to create authorized remixes from their songs/catalog.
FinSMEs
26/03/2025