The platform that has taken a hold of startuppers, companies and freelance working habits, closes a 400K public funding round, thanks to the “Smart & Start Italia” incentive.
This is the second round for HUI, which in 2018 closed a 100K pre-seed round used for the development of the concept. Since then, the platform has kept growing – by 400% in 2020 alone – and now HUI supports an ecosystem of +750 islanders and +120 companies (seen as islands in a business archipelago), hosting +300 meetings and sending +40000 messages on a daily basis.
HUI – which in Hawaiian stands for “organization/team” – is an exoskeleton that supports business activities – this scaleup is an innovative Saas platform consisting of two environments:
“We are really excited to witness the rapid growth that HUI is experiencing. Just in a few months, we have entered into a strategic partnership with TheBestEquity, making HUI the first platform in the world where, in addition to managing your business, you can also launch equity crowdfunding campaigns” Says Daniele Quizii, Product Specialist at HUI. “Moreover, we recently signed an important partnership with 1840 & Company, the leading US Midwest venture studio, thus bringing HUI across the pond to land in the US“.
The capital raised with this new funding round will allow the platform to further enhance its market activities, and to boost internationalization.
“The IT sector is growing strongly, in particular the ERP market, which recorded an increase of + 10.8% YoY in 2020. Now that smart working is adopted by over 7 million workers in Italy alone, an intuitive and effective platform such as HUI is essential for any business to thrive in this new reality ”concludes Daniele.
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