# HUG funding: rounds and investors

> HUG has raised $5.0M across 1 round since 2023. Investors include OKX Ventures and Venrex. Every round with its source.

Source: https://millionrounds.com/company/hug (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *HUG*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$5.0M** raised across 1 round since 2023, from 1 source

- **Latest round:** Seed, $5.0M Apr 2023
- **Investors:** 2

See who backed them

## The rounds

- **Apr 2023** Seed **$5.0M** [OKX Ventures](https://millionrounds.com/fund/okx-ventures) [Venrex](https://millionrounds.com/fund/venrex) Source recorded

## Everyone who backed them

[OKX Ventures](https://millionrounds.com/fund/okx-ventures) Corporate VC **1** round

[Venrex](https://millionrounds.com/fund/venrex) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=hug).

## Quick answers about HUG

### Who invested in HUG?

HUG's investors include OKX Ventures and Venrex.

### How much has HUG raised?

HUG has raised $5.0M across 1 round since 2023.

### When did HUG last raise?

HUG's most recent round was a Seed of $5.0M in Apr 2023.

### What was HUG's biggest round?

Its most recent round, $5.0M in Apr 2023, is also its largest on record.

### Who backed HUG first?

HUG's first round on record, in Apr 2023, was backed by OKX Ventures and Venrex.

### What stage is HUG at?

HUG's latest named round is a Seed, in Apr 2023.

### Where is HUG based?

HUG is based in the United States.

## Companies like HUG

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Binance.US** $300M · Oct 2026](https://millionrounds.com/company/binance-us)[**Fission** $10M · Oct 2026](https://millionrounds.com/company/fission)[**Ramp** $4.5B · Oct 2026](https://millionrounds.com/company/ramp)

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