Hutch - About the company
Hutch is an acquired company based in London (United Kingdom), founded in 2011 by Shaun Rutland, Sean Turner and Will Whitaker. It operates as a Developer of mobile video games focused on automotive and racing genres. Hutch has raised $5.5M in funding from investors like Index Ventures, Initial Capital and Backed, with last known valuation of $*****. The company has 111 active competitors, including 4 funded and 4 that have exited. Its top competitors include companies like Codemasters, Spektra and SuperGears.
Company Details
Developer of mobile video games focused on automotive and racing genres. The company creates games for mobile platforms, offering experiences centered around cars. It delivers titles that allow players to engage with vehicles. The business aims to provide automotive entertainment to a global audience.
- Website
- www.hutch.io/
- Email ID
- *****@hutchgames.com
- Registered Address
- 44-46 Scrutton Street, London, EC2A 4HH
Key Metrics
Founded Year
2011
Location
London, United Kingdom
Stage
Acquired
Total Funding
$5.5M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on Dec 08, 2020
Investors
Ranked
1st among 111 active competitors
Annual Revenue
£10M - £50M as on Sep 30, 2019
Employee Count
210 as on Jun 30, 2026
Similar Companies
Exit Details
Acquired by Modern Times Group (Dec 08, 2020)
Legal entities associated with Hutch
Hutch is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
HUTCH GAMES LTD CIN: 7692393 , Germany, Active | Jul 03, 2011 | £10M - £50M (As on Sep 30, 2019) | 127 (As on Dec 31, 2021) |
Hutch's acquisition details
Hutch got acquired by Modern Times Group on Dec 08, 2020 at an acquisition amount of $*****.
Click here to take a look at Hutch's acquisition in detail
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Hutch's funding and investors
Hutch has raised a total funding of $5.5M over 2 rounds. Its first funding round was on Feb 05, 2015. Its latest funding round was a Series A round on Feb 02, 2017 for $*****. 2 investors participated in its latest round. Hutch has 4 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Hutch:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 02, 2017 | 8463981 | Series A | 5784925 | 2300314 | 9702750 | 8219598 |
Feb 05, 2015 | 7931636 | Seed | 5134708 | 4089863 | 2266508 |
View details of Hutch's funding rounds and investors
Hutch's founders and board of directors
Founder? Claim ProfileHere are the details of Hutch's key team members:
- Shaun Rutland: Co-Founder & CEO of Hutch and founder of 1 other company. They are also an angel investor in 3 startups and serve on the board of 1 company.
- Sean Turner: Co-Founder of Hutch and founder of 2 other companies, Two Acres and Hutch.
- Will Whitaker: Co-Founder of Hutch and founder of 1 other company.
View details of Hutch's Founder profiles and Board Members
Hutch's employee count trend
Hutch has 210 employees as of Jun 26. Here is Hutch's employee count trend over the years:
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Hutch's Competitors and alternates
Top competitors of Hutch include Codemasters, Spektra and SuperGears. Here is the list of Top 10 competitors of Hutch, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Hutch 2011, London (United Kingdom), Acquired | Developer of mobile video games focused on automotive and racing genres | $5.5M | 70/100 | |
2nd | Codemasters 1986, Southam (United Kingdom), Acquired | Video game developer specializing in core games | $98.6M | 62/100 | |
3rd | Developer of mobile-based casual games | $1.25M | 62/100 | ||
4th | SuperGears 2022, Sisli (Turkey), Seed | Mobile game studio specializing in racing games | $2.1M | 58/100 | |
5th | MadOut Games 2019, Nur Sultan (Kazakhstan), Unfunded | Developer of mobile-based racing games | - | - | 49/100 |
6th | Mobile game developer focusing on the development of casual video games | - | - | 47/100 | |
7th | Mobile game studio | - | - | 46/100 | |
8th | CarX Technologies 2006, Moscow (Russia), Unfunded | AR-based art creation platform | - | - | 46/100 |
9th | Twoheadedshark 2022, Dubai (United Arab Emirates), Unfunded | Developer of casual games | - | - | 45/100 |
10th | Playsport Games 2015, Guildford (United Kingdom), Unfunded | Video game developer focusing on racing games | - | - | 45/100 |
Looking for more details on Hutch's competitors? Click here to see the top ones
Hutch's Investments and acquisitions
Hutch has made no investments or acquisitions yet.
Reports related to Hutch
Here is the latest report on Hutch's geography:
News related to Hutch
Media has covered Hutch for 1 event in last 1 year, It was about people movement.
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MTG acquires Hutch Games for an expected $375 millionGamesIndustry•Dec 08, 2020•Modern Times Group, Hutch, Hutch, The Hutch
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Top Drives developer Hutch picks up two new staff from Firefly Studios and NaturalMotionPocket Gamer•Dec 11, 2017•Hutch
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