Hatch Credit

Los Angeles, United States Founded: 2019 • Age: 7 yrs
Functions as an app-based platform designed to help users build and improve their credit scores.
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About Hatch Credit

Hatch Credit is a company based in Los Angeles (United States) founded in 2019 by Ayush Jain. It operates as a B2C. Hatch Credit has raised $15.07 million across 1 funding round. The company has 66 employees as of December 31, 2021. Hatch Credit operates in a competitive market with competitors including Boom Pay, Nithio, Nova Credit, Esusu and Applied Data Finance, among others.

  • Headquarter Los Angeles, United States
  • Employees 66 as on 31 Dec, 2021
  • Founders Ayush Jain
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
Operational Areas
Financial Services → Investment Management & Advisory
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $15.07 M (USD)

    in 1 rounds

  • Latest Funding Round
    $15.07 M (USD), Seed

    Mar 12, 2020

  • Investors
  • Employee Count
    66

    as on Dec 31, 2021

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Funding Insights of Hatch Credit

Hatch Credit has successfully raised a total of $15.07M through 1 strategic funding round. The most recent funding activity was a Seed round of $15.07 million completed in March 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $15.1M
  • First Round

    (12 Mar 2020)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2020 Amount Seed - Hatch Credit Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Hatch Credit

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Hatch Credit

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Hatch Credit Comparisons

Employees
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Competitors of Hatch Credit

Hatch Credit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Boom Pay, Nithio, Nova Credit, Esusu and Applied Data Finance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Online platform for rental payments and credit building
domain founded_year HQ Location
Analytics and financial solutions for distributed solar energy are provided.
domain founded_year HQ Location
Nova Credit is focused on consumer credit data solutions.
domain founded_year HQ Location
Online platform offering credit-building solutions through rent payment reporting
domain founded_year HQ Location
Lender focused on non-prime and unbanked borrowers
domain founded_year HQ Location
DIY debt payoff tools and advice are offered to borrowers.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hatch Credit

Frequently Asked Questions about Hatch Credit

When was Hatch Credit founded?

Hatch Credit was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Hatch Credit located?

Hatch Credit is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Is Hatch Credit a funded company?

Hatch Credit is a funded company, having raised a total of $15.07M across 1 funding round to date. The company's 1st funding round was a Seed of $15.07M, raised on Mar 12, 2020.

How many employees does Hatch Credit have?

As of Dec 31, 2021, the latest employee count at Hatch Credit is 66.

What does Hatch Credit do?

Hatch Credit, based in Los Angeles, focuses on finance, fintech, credit services, and score building. Functions as an app-based platform designed to help users build and improve their credit scores. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.

Who are the top competitors of Hatch Credit?

Hatch Credit's top competitors include Esusu, Nithio and Applied Data Finance.

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