Hunch is like Amazon Recommendations for Everything (and now with $12 million more dollars!)
Hunch is growing. We just closed a $12 million Series B funding led by Gideon Yu at Khosla Ventures, one of my favorite guys, whom I've known since he bought my prior company at Yahoo for a nickel and a smile. After Yahoo, Gideon was CFO at YouTube, heading up the $1.65 billion Google acquisition, then next was CFO at Facebook during the famous Microsoft investment (at a $15 Billion valuation!) and now is a partner with legends Vinod Khosla and Pierre Lemond at Khosla Ventures. Gideon is the world's most energetic and passionate guy; he came and talked to our whole team for several hours (in what we called the "reverse partner meeting") and will be joining us on our board.
While we had enough cash in the bank to take us out almost another year -- we run a very capital efficient operation, 12 employees, some not even taking salaries they're so gung ho -- there was a lot of enthusiasm for our financing and we decided it was time to go turbo. So turbo we went.
Hunch is like Amazon or Netflix recommendations, but for everything. To build the system, we needed a vast amount of data about people, their tastes and preferences, and the things that they like. Our ambition is to build the "taste graph" of the web, analogous to the "social graph", mapping every person on the web to every entity on the web (be that a hotel, or a tennis racket, poet, cookbook, etc.) and their affinity for that entity. You can see how you could take your Hunch taste profile and apply it to just about anything -- to find you a hotel in Dallas, or your true love on a dating site, or things you like on eBay or Etsy. We've spent the time since launch gathering that data, and we can now really build this out. You'll be seeing a bunch of new features coming soon!
Psyched? Yes. Yes, we are.
- Techcrunch: Hunch Takes $12 Million From Khosla Ventures, Adds Former Facebook CFO To Board Of Directors
- All Things D: Hunch Gets It Right, Adds a $10 Million Series B Round Led by Khosla Ventures
- Paidcontent: Decision-Making Site Hunch Raises $12 Million
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