[Funding alert] NYC-based Hang Secures $9.2M in Series A Round Funding

NYC-based Hang secures $9.2M in series A round funding. The Operating Group led the investment, and Anthony Baranello, Ratner Ventures, Brown Angel Group, and Clara Vista Investment Partners also participated.

The company plans to leverage the funds to improve audience growth and product development, strengthening its position in the sports media space.

Under the leadership of CTO Lorne Greene and CEO Jon Klein, Hang Media offers a fan-celebrity community that generates 800,000 views of every virtual watch party around major sports events, such as cricket, basketball, baseball, pro and collegiate football and basketball.

More than 22 million young sports fans have had the chance to meet their idols—star athletes, entertainers, and influencers—since the platform’s development in September 2021. Meanwhile, everyone watches the game on their own gadgets.

About Hang

The best new way to watch sports on TV is to HANG with your sports stars while they watch with you. You can no longer watch the game alone at home. With these two easy ways to HANG with the experts: With their VIP ticket, you can enter the room LIVE and have a full quarter of direct conversations with celebs you’ve only ever seen in pictures.

You may also text fans from across the nation and your heroes while they watch the same game as you by joining their spectator gallery! Take advantage of their substantially reduced blocs for your friends, family, fantasy league, or coworkers. You can purchase individual seats or organise a group event.