Hangout: A Social Music Platform with 1 Million Users Secures $8 Million Seed Round

A new player in the social music platform arena, Hangout, has quickly gained traction, amassing over 1.1 million users since its launch in November. Founder Joseph Perla spearheads this innovative platform that aims to revolutionize the way we engage with music.

The Vision Behind Hangout

Joseph Perla envisions a music listening experience that transcends traditional boundaries. While major players like Spotify and TikTok dominate the market, Hangout sets itself apart by focusing on human connection and unity through music.

The Hangout Experience

Hangout offers a unique space for music enthusiasts to come together. Users can create listening rooms, where they can stream over 100 million songs, engage in conversations, and explore new music. This seamless integration of social interaction and music discovery has propelled Hangout to over 1.1 million registered users.

Building on Past Success

Joseph Perla's previous experience as the VP of technology at Turntable.fm laid the groundwork for Hangout's success. By securing partnerships with major labels and rights agencies, Hangout boasts a diverse library of music that caters to every taste and genre.

Monetization and Future Growth

Hangout operates on a freemium model, offering both free and paid subscription options. Paid subscribers gain access to exclusive features and private listening rooms. As the platform expands, Hangout aims to become a hub for music marketing, hosting events and interactions with renowned artists.

The Social Music Landscape

With the rise of social music apps like Stationhead and Airbuds, the demand for innovative platforms is on the rise. Hangout's recent $8.2 million seed funding from prominent investors underscores its potential in this competitive market.

As Hangout continues to evolve and attract users, it remains committed to providing a refreshing social music experience that resonates with music lovers worldwide.

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By: sbradley@insider.com (Sydney Bradley)
Title: Hangout: A Social Music Platform with 1 Million Users Secures $8 Million Seed Round
Sourced From: www.businessinsider.com/social-music-listening-hangout-million-users-pitch-deck-seed-2025-2
Published Date: Thu, 06 Feb 2025 21:31:08 +0000