Hanger Network In-Home Media
Hanger Network Türkiye - Pazarlamada Yeni Mecra!
About Hanger Network In-Home Media
Hanger Network operates as a niche in-home media company, focusing on placing advertisements on clothing hangers distributed through dry cleaning establishments. This New York-based firm provides a tangible advertising channel for brands seeking to connect with consumers in a less fragmented media environment. The core of its business model involves partnering with laundry-supply firms to manufacture and circulate hangers that feature advertising messages. These branded hangers are then supplied to a network of dry cleaners across the United States.
The company's service addresses the challenge advertisers face in reaching diverse audiences, particularly men, who are spread across various media platforms. By turning a mundane item like a laundry hanger into an advertising medium, Hanger Network offers its clients a direct point of contact with consumers. The target demographic for this form of advertising is typically educated professionals and consumers with higher disposable incomes who utilize dry cleaning services. The business generates revenue by selling this unique advertising space to major advertisers. For instance, the deodorant brand Mitchum utilized Hanger Network for a campaign for its Smart Solid product, creating custom taglines printed on the hangers. This campaign was reportedly successful, showing double-digit growth in brand awareness and purchase intentions during a pretest phase, which led to a broader rollout. At one point, Hanger Network's advertisements were present in approximately 40 percent of the 25,000 dry cleaning outlets in the U.S.
The physical and tangible nature of hanger advertising ensures high visibility, as the promotional material is placed directly into the hands of consumers when they retrieve their garments. Unlike digital ads, these hangers cannot be easily ignored, blocked, or filtered, offering a direct line of communication. The hangers are often reused by consumers, extending the exposure of the advertisement. This method allows for precise geographical targeting, enabling brands to focus on specific neighborhoods and demographics.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | Jun 2008 | $10M | $40M | ABS Ventures · Sigma Partners · Kodiak Venture Partners | — |
| SERIES A✓Equity / VC | Feb 2007 | $8M | $32M | Sigma Partners · Kodiak Venture Partners | — |
Growth signals
Latest recorded traffic for Hanger Network In-Home Media is 0 monthly website visits. Hanger Network In-Home Media's team grew 0% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A3 investors entered at this stage
Sigma Partners- KPKodiak Venture Partners
ABS Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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