What is Hologram?
Founded in 2014 and operating as a remote-first company based in Chicago, Illinois, Hologram provides a comprehensive cellular platform and network designed to connect devices to the internet. The company has established itself as a key player in the Internet of Things (IoT) connectivity space, enabling businesses to deploy and manage connected products globally. Hologram's infrastructure supports a wide range of devices, facilitating seamless data transmission and device management.
How much funding has Hologram raised?
Hologram has raised a total of $86.3M across 4 funding rounds:
Unspecified
$4.8M
Series A
$9.4M
Debt
$350K
Series B
$71.8M
Unspecified (2016): $4.8M with participation from Drive Capital
Series A (2019): $9.4M led by Bullpen Capital
Debt (2020): $350K supported by PPP
Series B (2021): $71.8M featuring NextView Ventures, Tiger Global, Bullpen Capital, and Mucker Capital
Key Investors in Hologram
Bullpen Capital
Bullpen Capital is a venture capital fund that specializes in investing post-seed capital into early-stage companies. Over the past decade, the firm has funded more than 100 companies that have identified a special product-market fit but are often overlooked. Bullpen focuses on helping these businesses grow and thrive, aiming to build the next generation of successful enterprises. Their intended clients are entrepreneurs and startups who have demonstrated potential but may lack access to traditional venture financing.
NextView Ventures
NextView Ventures is a venture capital firm focused on investing in early-stage companies that are building the next generation of consumer software and services. They aim to partner with founders who are creating innovative products and platforms that can significantly impact user behavior and market dynamics. Their investment thesis often centers on companies that leverage technology to solve real-world problems for consumers and businesses.
Drive Capital
Drive Capital is a venture capital firm based in Columbus that invests in exceptional founders creating the next generation of market-defining companies. The firm focuses on providing capital and support to entrepreneurs across various industries, emphasizing partnerships that drive growth from idea to IPO. With a strong presence in technology-driven markets, Drive Capital aims to uncover billion-dollar opportunities throughout North America. Their team is dedicated to working collaboratively with founders, offering honest insights and the tools necessary for success.
What's next for Hologram?
The recent major strategic investment signifies a pivotal moment for Hologram, positioning the company for accelerated scaling and market penetration. With a robust platform and a growing demand for reliable IoT connectivity, Hologram is poised to expand its service offerings and enhance its network capabilities. Future developments are likely to focus on strengthening its global network infrastructure, advancing its platform technology, and forging new strategic partnerships to capture a larger share of the expanding connected device market. This funding round will be instrumental in supporting these ambitious growth objectives.
See full Hologram company page
