Hornet is a gay social network founded in 2011 that offers apps on iOS, Android and the web. The company reports 15 million total users and about 3 million monthly active users. Its main markets include France, Russia, Brazil, Turkey and Taiwan, while the US user base is steadily expanding. Hornet has integrated Vespa, a gay city guide with over 5,000 places and 300 city guides in 70 countries, and publishes event listings and features via content partner Unicorn Booty. In November 2016 the company raised $8m in a Series A to support business growth and global user adoption. The round was led by Ventech China, whose managing partner Eric Huet joined Hornet’s board. Hornet is a location-based gay social and dating app launched in January that emphasizes security and enabling ongoing conversations rather than one-off hookups. The app lets users save and store other users to continue chatting later, search in different areas, and upload multiple profile pictures. Hornet highlights security features aimed at protecting closeted users and reminds members to get tested for HIV and other STDs every six months. Since its launch, the product has seen rapid organic engagement, reporting about 100,000 sessions per day. User growth has been strong: 150,000 users acquired in the past six months with 150% month-over-month growth. The company has raised capital to support this expansion, and the article indicates continued growth expectations going forward.

Total raised

$9M

Funding rounds

2

Latest round

Series A

Latest activity

Nov 2016