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Funding
Hoop raises USD 5 million to improve AI capabilities and overall product development
Remote Work Tools
Jun 5, 2024
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Jun 5, 2024

Hoop raises USD 5 million to improve AI capabilities and overall product development

Funding

  • Hoop, an AI-based task management tool, raised USD 5 million in a seed funding round led by Index Ventures, with assistance from Origin Ventures, Divergent Capital, and Chingona Ventures, among others.

  • The funds will be allocated to enhance Hoop’s AI capabilities, develop its integrations with other platforms, and build collaborative features. Hoop aims to expand its offerings to include a version for teams soon.

  • Hoop was designed to simplify the modern workday by automatically generating a to-do list by pulling tasks from various platforms like Google Meet, Slack, Zoom, and email. It was founded by former executives from Trello, a project management tool. Hoop helps professionals maintain focus during their workday by tracking their critical tasks and avoiding distractions.

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