About Heetch
Heetch is a company based in Paris (France) founded in 2013 by Aylic Petit.. Heetch has raised $74 million across 4 funding rounds from investors including Idinvest Partners, Africinvest and Cathay Innovation. Heetch offers products and services including Heetch App. Heetch operates in a competitive market with competitors including Hype, Kapten, LeCab, Allocab and Pickmecab, among others.
- Headquarter Paris, France
- Founders Aylic Petit
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$74 M (USD)
in 4 rounds
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Latest Funding Round
$4 M (USD), Series B
Nov 18, 2019
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Investors
Idinvest Partners
& 7 more
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Employee Count
Employee Count
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Products & Services of Heetch
Heetch offers a comprehensive portfolio of products and services, including Heetch App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for booking rides with professional drivers at low commissions.
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Funding Insights of Heetch
Heetch has successfully raised a total of $74M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $4 million completed in November 2019. 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 Funding
- Total Rounds 4
- Last Round Series B — $4.0M
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First Round
First Round
(28 Sep 2017)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Series B - Heetch | Valuation | Africinvest |
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| May, 2019 | Amount | Series B - Heetch | Valuation | Cathay Innovation , Total | |
| Jan, 2018 | Amount | Series A - Heetch | Valuation | Felix Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Heetch
Heetch has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Idinvest Partners, Africinvest and Cathay Innovation. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm
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Founded Year | Domain | Location | |
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Venture capital investments are made in technology startups through a global ecosystem.
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Founded Year | Domain | Location | |
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Equity investments are provided to low and middle market companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Heetch
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Heetch
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Heetch Comparisons
Competitors of Heetch
Heetch 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 Hype, Kapten, LeCab, Allocab and Pickmecab, 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 |
App-based ride-hailing is facilitated by a hydrogen-powered taxi fleet.
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| domain | founded_year | HQ Location |
Ride-hailing services are facilitated via an app-based platform.
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| domain | founded_year | HQ Location |
Intracity cab services are offered via an online ride-hailing platform.
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| domain | founded_year | HQ Location |
Chauffeured vehicles and moto-taxis are booked online via app.
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| domain | founded_year | HQ Location |
Asset heavy cab provider
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Heetch
Frequently Asked Questions about Heetch
When was Heetch founded?
Heetch was founded in 2013 and raised its 1st funding round 4 years after it was founded.
Where is Heetch located?
Heetch is headquartered in Paris, France.
Is Heetch a funded company?
Heetch is a funded company, having raised a total of $74M across 4 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Sep 28, 2017.
What does Heetch do?
Heetch was founded in 2013 in Paris, France, initially as a peer-to-peer ride-sharing platform before a pivot to taxi-hailing in 2017. Operations focus on the mobility sector, where partnerships with pre-screened taxi operators enable on-demand ride bookings via a mobile app available on iOS and Android. Real-time driver tracking and online payments are supported for users in targeted European cities.
What products or services does Heetch offer?
Heetch offers Heetch App.
Who are Heetch's investors?
Heetch has 8 investors. Key investors include Idinvest Partners, Africinvest, Cathay Innovation, TotalEnergies, and Allianz.