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Hitch - About the company

Hitch is an acqui-hired company based in San Francisco (United States), founded in 2013 by Noam Szpiro. It operates as a Multi-pickup Ridesharing App. Hitch has raised $170K in funding. The company has 610 active competitors, including 20 funded and 20 that have exited. Its top competitors include companies like Uber, Lyft and DiDi.

Company Details

On-demand p2p ride-sharing app for iOS where you book number of seats rather than the whole car, thus saving on the cost of ride. Currently only available in San Francisco with community drivers (4/5 seater). Developed by Corral Labs, which also developed and maintains "Corral Rides," a transportation aggregator.
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Key Metrics
Founded Year
2013
Location
San Francisco, United States
Stage
Acqui-Hired
Total Funding
$170K in 2 rounds
Latest Funding Round
Ranked
Employee Count
3,970 as on Dec 31, 2021
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Hitch's funding and investors

Hitch has raised a total funding of $170K over 2 rounds. Its latest funding round was a Seed round on May 13, 2014 for $*****. 2 investors participated in its latest round. Hitch has 4 institutional investors.

Here is the list of recent funding rounds of Hitch:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 13, 2014
2567136
Seed
5757715
3314893
2520832
6639501
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Hitch's founders and board of directors

Founder? Claim Profile
The founders of Hitch is Noam Szpiro.
Here are the details of Hitch's key team members:

Hitch's employee count trend

Hitch has 3,970 employees as of Dec 21. The total employee count is 9.0% lower than what it was in Dec 20. Here is Hitch's employee count trend over the years:
Employee count trend for Hitch
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Hitch's Competitors and alternates

Top competitors of Hitch include Uber, Lyft and DiDi. Here is the list of Top 10 competitors of Hitch, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Uber
Uber
2009, San Francisco (United States), Public
Network providing on-demand transportation, delivery, and business management solutions
$13.2B
89/100
2nd
Logo for Lyft
Lyft
2007, San Francisco (United States), Public
Network facilitating on-demand transportation and ride scheduling services for individuals
$5.02B
89/100
3rd
Logo for DiDi
DiDi
2012, Beijing (China), Public
AI-enabled platform for ride-hailing and on-demand services
$20.8B
87/100
4th
Logo for Blacklane
Blacklane
2011, Berlin (Germany), Acquired
Provider of chauffeur services including airport transfers and city-to-city rides
$127M
80/100
5th
Logo for Curb
Curb
1992, Long Island City (United States), Acquired
Connecting riders and drivers with seamless taxi booking and payment
$20.7M
66/100
6th
Logo for WTI
WTI
2009, Delhi (India), Public
Provider of vehicle transfer and tech enabled solutions
-
-
59/100
7th
Logo for ZTrip
ZTrip
1967, Lombard (United States), Acquired
App-based taxi-hailing platform for intracity commutes
-
-
58/100
8th
Logo for Juno
Juno
2015, New York City (United States), Acquired
Online platform to hail cab rides
$25M
58/100
9th
Logo for Carey
Carey
1921, Washington, DC (United States), Series B
Online platform offering ride-hailing services
$60M
55/100
10th
Logo for LUXY
LUXY
2018, Shelton (United States), Series A
App-based ride-hailing platform
$4.54M
54/100
48th
Logo for Hitch
Hitch
2013, San Francisco (United States), Acqui-Hired
Multi-pickup Ridesharing App
$170K
34/100
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Hitch's Investments and acquisitions

Hitch has made no investments or acquisitions yet.

Reports related to Hitch

Here is the latest report on Hitch's sector:

News related to Hitch

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FAQs about Hitch

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