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
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
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- Legal Name Grasshopper Staffing, Inc.
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Annual Revenue
$322 K0as on Jul 31, 2024
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Net Profit
$-702.49 K46as on Jul 31, 2024
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EBITDA
$-983.56 K-2as on Jul 31, 2024
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Total Equity Funding
$2.55 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Post-IPO
Mar 14, 2025
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Investors
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Employee Count
Employee Count
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Products & Services of HITC
HITC offers a comprehensive portfolio of products and services, including SafeSpace Fall Monitoring and SafeTrace. 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.
AI system detects falls and alerts caregivers for timely intervention.
Streamlines data analysis to speed up security investigations.
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $10.0M
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First Round
First Round
(15 Jul 2024)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2025 | Amount | Post-IPO - HITC | Valuation |
investors |
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| Jul, 2024 | Amount | Seed - HITC | Valuation |
investors |
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| 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 |
Investments & Acquisitions by HITC
| 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 - HITC
| 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 |
Hitc Comparisons
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. 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 |
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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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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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 Hitc
Frequently Asked Questions about HITC
When was HITC founded?
HITC was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Where is HITC located?
HITC is headquartered in Knoxville, United States. It is registered at Knoxville, Tennessee, United States.
Is HITC a funded company?
HITC is a funded company, having raised a total of $2.55M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.55M, raised on Jul 15, 2024.
What is the annual revenue of HITC?
Annual revenue of HITC is $322K as on Jul 31, 2024.
What does HITC do?
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.
What products or services does HITC offer?
HITC offers SafeSpace Fall Monitoring and SafeTrace.
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