Hipster is a local Q&A service that aims to collect and surface fresh, location-based answers via web and mobile. The company gained early traction and hype, with its initial launch page receiving over 10,000 signups in the first few days and just over 4,000 users during SXSW. CEO Doug Ludlow said the SXSW experience prompted a product strategy shift away from city-by-city launches toward launching everywhere in the U.S. at once on both web and mobile. Hipster positions itself against Foursquare and Yelp by targeting gaps in submitting and accessing local knowledge. The startup received seed financing to support growth and operational changes, and plans to use the funds to double the team and relocate operations.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

May 2011