Hatch Apps Raises $300,000 From Rise Of The Rest Seed Fund

Param Jaggi and Amelia Friedman

D.C. startup Hatch Apps added to its funding total for the year with $300,000 from the Rise of the Rest Seed Fund, according to CEO Param Jaggi.

As we previously reported, the Rise of the Rest Seed Fund was launched earlier this year by D.C.–based Revolution, the venture capital firm founded former AOL executives including Steve Case and Ted Leonsis. Like the bus tour with which it shares a name, the fund aims to draw resources to areas outside California, New York and Boston, which receive the bulk of the venture capital.

“It’s a huge step for Hatch to receive funding from the Rise of the Rest fund. Since I moved to DC three years ago, I’ve been continuously inspired by entrepreneurs like Steve Case and Ted Leonsis who paved the way for technology companies like ours,” Jaggi said. “We’re looking forward to working closely with the fund to continue to empower businesses all over the country.”

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