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Social Music App Hook Secures $3M in Additional Funding from Investors Including Kygo’s Palm Tree Crew, Khosla Ventures and Imaginary Ventures

Social Music App Hook Secures $3M in Additional Funding from Investors Including Kygo’s Palm Tree Crew, Khosla Ventures and Imaginary Ventures

April 4, 2025 Craig Etkin

For the First Time, Music Mixing on Social Media is Easy, Legal, and Compensates Musicians and Creators

NEW YORK, March 26, 2025 /PRNewswire/ — Hook, the platform where users can easily and legally remix songs by some of the top musicians in the world while earning income, today announces the closing of $3M in additional funding, bringing its total funding to $6M. The round includes new investments from Khosla Ventures, Kygo’s Palm Tree Crew, and The Raine Group, alongside continued support from existing investors, including Imaginary Ventures, Steve Cohen’s Point72 Ventures, KSHMR, and Waverley Capital, co-founded by former Warner Music Group CEO Edgar Bronfman, Jr.

Hook addresses the most critical challenge in the music industry today: the proliferation of unlicensed content across social media platforms. With 40% of music consumed on social media coming from remixes and mashups, often created without proper licensing, Hook provides a legitimate solution for creators while ensuring that rights holders maintain control and monetization of their content.

“We have built music’s new ecosystem, where creativity and rights can finally coexist. For too long, the industry has been stuck choosing between protecting artists’ rights and enabling creative expression. Hook creates a future where fans and creators can freely express themselves, artists and labels can properly monetize their work, and the entire music community thrives together,” said Gaurav Sharma, Founder & CEO of Hook. “This isn’t just about fixing a broken system – it’s about building the foundation for music’s next chapter.”

The new funding will accelerate Hook’s marketing efforts and strategic hiring, with a focus on user acquisition. The platform is the first specialized AI-powered tool for creating and distributing licensed remixed music content in short-form formats, filling the gap that existing editing tools haven’t addressed for the music industry.

“We are incredibly excited to invest in Hook and support its mission to innovate how artists and creators engage with their work and interact with their fans. We look forward to working with and supporting Gaurav and his team on this journey,” said Michael Diaz, CEO of Palm Tree Crew. 

Hook goes beyond traditional music creation tools, it is an expression platform that enables creators to produce legitimate, monetizable content while ensuring proper compensation for rights holders. This approach creates a sustainable model for the future of music creation and distribution in the social media era. In just four months, the company has partnered with 16 music partners and features music from over 1,200 artists such as Justin Bieber, Teddy Swims, BLOND:ISH, Playboi Carti, Ty Dolla $ign, KSHMR, Hardwell, Swae Lee, Big Sean, Migos, Soulja Boy, Sadie Jean, Jaden Smith, Killer Mike and Cash Cobain to create authorized remixes from their songs/catalog.

Hook is transforming music creation through its innovative AI and Machine Learning technologies that power creative remix tools, including genre and mood-changing filters and mashups. Hook’s commitment to ethical AI practices includes never training algorithms on artists’ music, an approach that has earned it industry recognition with Universal Music Group including Hook in its MusicForAI initiative as an approved, ethically-sound AI platform.

Since the app’s launch in October 2024, Hook has continued to expand its features for music fans with better discovery and recommendations and improved music remixing and video editing tools that make it easier than ever for fans and creators to express their music creativity and increase their viral potential. To support the music creator economy, Hook is pioneering short-form music monetization through its new creator monetization program. Music creators can now earn money based on engagement, referrals, and bonuses, empowering them to turn their passion into a sustainable income stream. Additionally, artists can now promote their catalog through on and off-platform promotions and Remix Challenges that allow creators and fans to interact with music in creative ways and win prizes.

About Hook

Hook is a new music technology platform that is innovating the way music is created, expressed and monetized on social media. Hook provides intuitive AI-powered tools that empower fans to quickly, easily and legally create new versions of their favorite songs for use on social media while also creating a new stream of revenue for artists and labels. For more information, visit www.hookmusic.com.

Media Contact:
Lindsay Stevens
2132009638
392435@email4pr.com 

SOURCE Hook Music

Copyright © 2025 Cision US Inc.


Venture Capital
Cision, Hook, New York, PRNewswire, Venture Capital

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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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