# HSG (slim)

> HSG's investments in AI tools on Anchor Terminal, Payward, Inc., with each listing's grade and the founders behind it.

- Full: https://www.anchorterminal.com/investors/hsg/index.md (~500 tokens) · this version ~380 tokens · JSON https://www.anchorterminal.com/investors/hsg/index.json · canonical https://www.anchorterminal.com/investors/hsg/
- Index: https://www.anchorterminal.com/llms.txt · API: https://www.anchorterminal.com/api/v1/index.json · MCP: https://www.anchorterminal.com/mcp · Updated: 2026-11-04
- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)

Venture firm.

Website: https://www.hsgcap.com/

## Companies on Anchor Terminal

- **Payward, Inc.**, September 2025, November 2025, valued at $20 billion as announced (the source doesn't say pre- or post-money), $800 million raise, November 2025, November 2025
  - [Kraken API](https://www.anchorterminal.com/tools/kraken.md), graded BB, 71/100
  - Source: https://finance.yahoo.com/news/crypto-exchange-kraken-raises-800-222719647.html

## Where they invest

- Crypto exchanges, 1

## Founders they backed

- [Jesse Powell](https://www.anchorterminal.com/people/jesse-powell/), Payward, Inc.
- [Thanh Luu](https://www.anchorterminal.com/people/thanh-luu/), Payward, Inc.
- [Michael Gronager](https://www.anchorterminal.com/people/michael-gronager/), Payward, Inc.

## Questions

### Which AI tools has HSG invested in?

Anchor Terminal lists Payward, Inc.

### How are HSG's companies graded?

On Anchor Terminal's benchmark, Kraken API (BB, 71).

Investors are named from the companies' own announcements, the investors' own pages, Y Combinator's company pages, public filings and news reports of a round, each with its source.