HUG: A digital marketplace connecting artists with collectors, emphasizing underprivileged creators.
Location
New York City, NY, US
Founded
2022
HUG is an investment firm that focuses on early-stage investments in the digital marketplace sector, particularly those that connect artists with collectors. Their typical investment size includes pre-seed and seed rounds, supporting startups that emphasize the sale of both digital and tangible goods. HUG places a strong emphasis on fostering creators from underprivileged and marginalized communities, creating a community-driven and decentralized platform.
Key partners at HUG include Gabriel Huguet, who brings a wealth of experience and a creative approach to the firm's investment philosophy. The firm is known for its hands-on support and strategic communication services, helping portfolio companies align their vision with effective market strategies. Notable portfolio companies include innovative digital marketplaces that prioritize inclusivity and community engagement. HUG's unique value-add services ensure that startups are well-supported throughout their growth journey.
HUG - Classification
NAICS
520000Finance and Insurance
522000Credit Intermediation and Related Activities
522300Activities Related to Credit Intermediation
522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
6000Depository Institutions
6090Functions Related To Depository Banking
6099Functions Related To Depository Banking, Not Elsewhere Classified
Show 3 more industry codes
SIC
6200Security And Commodity Brokers, Dealers, Exchanges, And Services
6280Services Allied With The Exchange Of Securities Or Commodities