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.
- Website
- takehitch.com
Key Metrics
Founded Year
2013
Location
San Francisco, United States
Stage
Acqui-Hired
Total Funding
$170K in 2 rounds
Latest Funding Round
Investors
Ranked
48th among 610 active competitors
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 |
View details of Hitch's funding rounds and investors
Hitch's founders and board of directors
Founder? Claim ProfileThe founders of Hitch is Noam Szpiro.
Here are the details of Hitch's key team members:
- Noam Szpiro: Co-Founder of Hitch.
View details of Hitch's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Uber 2009, San Francisco (United States), Public | Network providing on-demand transportation, delivery, and business management solutions | $13.2B | 89/100 | |
2nd | Lyft 2007, San Francisco (United States), Public | Network facilitating on-demand transportation and ride scheduling services for individuals | $5.02B | 89/100 | |
3rd | AI-enabled platform for ride-hailing and on-demand services | $20.8B | 87/100 | ||
4th | Provider of chauffeur services including airport transfers and city-to-city rides | $127M | 80/100 | ||
5th | Curb 1992, Long Island City (United States), Acquired | Connecting riders and drivers with seamless taxi booking and payment | $20.7M | 66/100 | |
6th | Provider of vehicle transfer and tech enabled solutions | - | - | 59/100 | |
7th | ZTrip 1967, Lombard (United States), Acquired | App-based taxi-hailing platform for intracity commutes | - | - | 58/100 |
8th | Juno 2015, New York City (United States), Acquired | Online platform to hail cab rides | $25M | 58/100 | |
9th | Carey 1921, Washington, DC (United States), Series B | Online platform offering ride-hailing services | $60M | 55/100 | |
10th | LUXY 2018, Shelton (United States), Series A | App-based ride-hailing platform | $4.54M | 54/100 | |
48th | Hitch 2013, San Francisco (United States), Acqui-Hired | Multi-pickup Ridesharing App | $170K | 34/100 |
Looking for more details on Hitch's competitors? Click here to see the top ones
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
•
Lyft Acquires Shared Ride Startup Hitch To Bolster Its Lyft Line Service – TechCrunchTechCrunch+•Sep 22, 2014•Lyft, Hitch
•
Transportation App Corral Rides Loses Access To Lyft’s Driver Data – TechCrunchTechCrunch+•Jun 02, 2013•Hitch, Lyft,
•
Stranded In SF? Corral Rides Shows Uber, Lyft, Sidecar And Muni In One App – TechCrunchTechCrunch+•Mar 29, 2013•Hitch, Lyft, Sidecar, Uber
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