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Following the close of the deal, Steven Pease, Chief Executive Officer, and the Hustle management team would continue in their roles.
FREMONT, CA: Hustle, a San Francisco, California-based peer-to-peer text messaging platform, was acquired by Social Capital. The terms of the transaction were not declared.
Following the close of the deal, Steven Pease, Chief Executive Officer, and the Hustle management team would continue in their roles.
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Established in 2014, Hustle provides peer-to-peer text communication tools that create human connections between organizations and their contacts. Its TCPA compliant platform enables authentic, two-way conversations that develop and strengthen connections over text messaging, eliminating barriers and igniting support for advocacy groups, admissions, fund raising, and recruiting. Organizations utilizing the platform include the American Federation of Teachers, Thistle, Sierra Club, and New York University.
[vendor_logo_first]Hustle is headquartered in San Francisco, California with offices in Washington D.C.
Social Capital is the technology holding company established by Chamath Palihapitiya that supports innovative companies in areas including artificial intelligence, healthcare, climate change and space, has acquired the company.
“Over four years ago, Chamath had the confidence to be one of the first investors in Hustle and we are humbled by his conviction in our platform,” stated Steven Pease, Chief Executive Officer. “Our founding vision was a world where organizations are stronger because they can meaningfully connect with people. In today’s climate, Hustle is poised to play an increased role in the communities and networks we support and engagement on our platform has never been greater.”
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