HITC

Knoxville, United States Founded: 2016 • Age: 10 yrs
Provider of fall detection software for elderly people
Annual revenue $322,000 Latest available
Total funding $2.6M 2 rounds
Employees - Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About HITC

HITC is a company based in Knoxville (United States) founded in 2016. HITC has raised $2.55 million across 2 funding rounds. HITC offers products and services including SafeSpace Fall Monitoring and SafeTrace. HITC operates in a competitive market with competitors including Tiimo, GT Independence, Asha AI, Myneva and Auticiel, among others.

  • Headquarter Knoxville, United States
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Grasshopper Staffing, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $322 K (USD)
    0
    as on Jul 31, 2024
  • Net Profit
    -$702.49 K (USD)
    46
    as on Jul 31, 2024
  • EBITDA
    -$983.56 K (USD)
    -2
    as on Jul 31, 2024
  • Total Equity Funding
    $2.55 M (USD)

    in 2 rounds

  • Latest Funding Round
    $10 M (USD), Post-IPO

    Mar 14, 2025

  • Investors
    Not available
  • Employee Count
    Not available
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Products & Services of HITC

HITC offers a comprehensive portfolio of products and services, including SafeSpace Fall Monitoring and SafeTrace.

Product name locked
Category locked
Primary

AI system detects falls and alerts caregivers for timely intervention.

Product name locked
Category locked
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Streamlines data analysis to speed up security investigations.

People of HITC

Headcount 10-50
Employee Profiles 3
Employee Profiles
People
Charles Lobetti
Chief Financial Officer
People
Ken Greenwood
Chief Technology Officer

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Funding Insights of HITC

HITC has successfully raised a total of $2.55M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $10 million completed in March 2025. 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.

Investments & Acquisitions by HITC

Investments
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Investment portfolio details for HITC

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  • Transaction dates
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Financial Statements - HITC

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Detailed financials for HITC

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  • Profit trends
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Hitc Comparisons

HITC Primary company
Description
Provider of fall detection software for elderly people
Location
Knoxville, United States
Founded Year
2016
Annual Revenue
$322 K (USD)
Net Profit
-$702.49 K (USD)
EBITDA
-$983.56 K (USD)
Employees
Not available
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Peer comparison for HITC

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Competitors of HITC

HITC 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 Tiimo, GT Independence, Asha AI, Myneva and Auticiel, among others.

Company Name Domain Founded year HQ Location Description
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Children's to-do lists are managed through an interactive mobile app.
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Provides tools for managing long-term care, hiring caregivers, and handling paperwork.
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Remote elder care is enabled via application for family members.
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Software solutions for disabled and elderly healthcare are provided.
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Online software tools are provided for individuals with special needs.
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Digital care assistant device and app to detect emergency situations
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Detailed competitors of HITC

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Latest news on Hitc

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Complete news archive for HITC

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Frequently Asked Questions about HITC

HITC was founded in 2016 and raised its 1st funding round 8 years after it was founded.

HITC is headquartered in Knoxville, United States. It is registered at Knoxville, Tennessee, United States.

HITC is a funded company, having raised a total of $2.55M across 2 funding rounds to date.

Annual revenue of HITC is $322K as on Jul 31, 2024.

HITC offers SafeSpace Fall Monitoring, SafeTrace while focusing on healthtech, assistive tech, applications, and disability care management. Provider of fall detection software for elderly people. Delivering reliable solutions, it emphasizes quality, efficiency, and meeting diverse client needs. It continues to evolve, meeting industry challenges with strategic approaches.

HITC's top competitors include Tiimo, Myneva and Auticiel.

HITC offers SafeSpace Fall Monitoring and SafeTrace.

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