The funding round was led by Alpha Wave and Hashed, along with other key investors. This is a significant milestone for Hunch, as it has gained immense popularity in a short period of time. Within just six months of its launch, Hunch achieved Top 25 status on the Apple App Store and Top 50 on the Google Play Store.
With the new investment injection, Hunch plans to make its mark in the U.S. market and further establish its presence in India. The app offers users a unique platform to create and participate in polls covering a wide range of topics, including pop culture, gaming, finance, dating, relationships, and anime. These polls act as a bridge, connecting users with similar interests and providing a space for validating opinions.
Hunch has already witnessed the creation of over 115,000 polls, gathering a staggering 10 million opinions from users across the nation. It has become a go-to destination for authentic and meaningful connections, allowing users to engage in judgment-free conversations.
CEO of Hunch, Ish Goel, expressed his excitement about the funding and stated, “We believe Hunch has achieved PMF (Product-Market Fit), and this is a good time to celebrate this news with the community. This investment underscores our commitment to making Hunch the go-to destination for authentic, meaningful connections for young adults.”
One of the key features that sets Hunch apart is its promotion of genuine and anonymous discussions. It offers users a safe space to ask questions they may find challenging to pose in real life. Each poll initiates a judgment-free conversation, fostering diverse opinions and connections.
Tak Lee, managing partner at Hashed Emergent, highlighted the importance of authenticity in today’s digital landscape. He said, “With fatigue growing among Gen Z around apps that promote vicarious living, there is a big opportunity to build something that promotes being real without the filters.”
Hunch incorporates generative AI into its core functionality. For instance, it addresses the societal pressure of having an ideal profile picture by providing users with an AI-generated avatar after they answer 15 poll questions. This eliminates the need for a real profile picture, allowing users to focus on genuine interactions.
The funding secured by Hunch will be utilized to expand its reach in the U.S. and India, as well as introduce new features based on user insights. Launched in December 2022, Hunch aims to redefine social interactions by prioritizing curiosity over conformity and fostering authentic connections as the ultimate reward.
The company is the brainchild of seasoned co-founders Ish Goel (CEO), Nitika Goel (CPO), and Kartic Rakhra (CMO). With their combined expertise and vision, Hunch is poised to revolutionize the way we connect and engage with others in the digital age.
In conclusion, Hunch’s recent funding success signifies its rapid growth and potential to become a leading player in the social discovery app market. With its focus on authentic and anonymous conversations, Hunch offers a refreshing alternative to apps that promote vicarious living. As it expands its reach globally, this innovative app is set to redefine social interactions and foster meaningful connections for young adults.
