Hercules Labs Inc.
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Hercules Labs Inc. - overview
Established
2020
Location
San Francisco, CA, US
Primary Industry
Software
About
Hercules Labs Inc. , based in the US, is a company focused on enhancing consumer engagement through innovative digital applications tailored for personal management and productivity. Founded in 2020 and headquartered in San Francisco, US, Hercules Labs Inc. specializes in digital applications that address everyday challenges for both individuals and businesses.
The company has completed 2 deals, with the most recent transaction occurring on August 28, 2023. Hercules Labs was acquired by Amazon. com, Inc. from its investors, including General Catalyst Partners, Kleiner Perkins, SV Angel, and Y Combinator.
The company's funding history includes a total amount raised of USD 2. 20 mn, all from a Seed funding round led by General Catalyst Partners. Hercules Labs Inc. provides innovative digital applications that enhance consumer engagement and streamline user experiences.
The company's offerings are designed for both individual users and businesses, focusing on personal management and productivity tasks such as budgeting, planning, health tracking, and lifestyle management, marketed across North America and Europe. The revenue model of Hercules Labs Inc. is based on subscription services, allowing clients to access premium features tailored to their needs. This structure facilitates interactions with customers, whether through direct engagement or partnerships with businesses that incorporate Hercules Labs' applications into their offerings.
Clients can choose from various pricing plans that align with their requirements, contributing to a growing customer base and consistent revenue through renewals. Following its acquisition by Amazon. com, Inc. in August 2023, Hercules Labs Inc.
aims to enhance its developer experience and integrate its platform within Amazon's ecosystem. This strategic move is expected to expand its market reach and drive the development of new products designed to improve user engagement. The recent funding will be utilized to support these initiatives, further strengthening its position in targeted markets.
Primary Industry
Software
Sub Industries
Application Integration Software, Systems Management Software
Website
www.fig.io
Verticals
Cloud Computing
Company Stage
Acquired
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.