Hangar
Date | Investors | Amount | Round |
---|---|---|---|
$15.0m | Late VC | ||
$650k | Grant | ||
Total Funding | $15.6m |
Recent News about Hangar
EditHangar is a technology company that leverages data to provide innovative solutions for public sector challenges. The company operates in the intersection of technology and public service, focusing on enhancing mobility, reducing inequality, and lowering carbon emissions. Hangar serves a diverse range of clients, including city governments, healthcare providers, and educational institutions. The company’s business model revolves around creating and deploying technology-driven solutions that improve public services and outcomes for citizens. Hangar generates revenue through partnerships and contracts with public sector entities, offering tailored solutions that address specific needs such as health and wellness, education financing, and emergency response. By organizing global data feeds, Hangar discerns how individuals interact with their environments and uses these insights to drive impactful changes. The company also supports the creation and expansion of Income Share Agreement (ISA) and Deferred Tuition Agreement (DTA) programs, helping to finance education without incurring debt. Hangar's portfolio includes various initiatives like Camber, Outcome, Cornea, and Roster, each targeting different aspects of public service improvement. The company is led by experienced professionals, including Chris Martin, who brings a wealth of knowledge from his tenure at Bloomberg LP and Hawkfish. Hangar's mission is to build companies that impact the public at scale, leveraging technology to create sustainable and inclusive solutions.
Keywords: public sector, technology, data insights, mobility, inequality, carbon emissions, healthcare, education financing, emergency response, sustainable solutions.