Hyphen raises $1 million in a pre-seed round from investors Hyphen aims to have 6000 beds and expand into five markets by 2023. Hyphen aims to have 6000 beds and expand into five markets by 2023. Hyphen - formerly called Dwellingo – on Thursday announced that it has raised $1 million (approximately Rs 8 crore) from investors in a pre-seed round. The fund constitutes a combination of equity and minority debt, with notable Angels from Silicon Valley and Sriram Puthucode, former VP at Symantec Global. Hyphen''s fresh capital will be deployed towards expanding into new markets, launching new product types and integrating technology and automation to drive consumer experiences. Hyphen launched its first club (property) in August 2021 and has since been on a quest to eliminate urban loneliness. The company is growing at 200 per cent month on month and plans to have 6000 beds and expand into five markets, starting with Hyderabad, Pune, Chennai and, Delhi NCR, by 2023. "People are drawn towards experience-focused, de-densified living