About Hitch It
Hitch It is a company based in Ottawa (Canada) founded in 2019. It operates as a Marketplace, and B2C. Hitch It offers products and services including Hitch It App, In-App Chat System, and Payment Processing. Hitch It operates in a competitive market with competitors including HiRide, Pop Rideshare, Caribook, gobyRIDE and Zazz, among others.
- Headquarter Ottawa, Canada
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
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Products & Services of Hitch It
Hitch It offers a comprehensive portfolio of products and services, including Hitch It App, In-App Chat System, and Payment Processing. 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.
Mobile app for booking and managing carpool rides with drivers.
Feature for drivers and passengers to message during trips.
System for booking payments and driver payouts via Interac or PayPal.
Funding Insights of Hitch It
| 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 Hitch It
| 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 - Hitch It
| 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 |
Hitch It Comparisons
Competitors of Hitch It
Hitch It 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 HiRide, Pop Rideshare, Caribook, gobyRIDE and Zazz, 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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| domain | founded_year | HQ Location |
A carpooling platform for Canadian travelers is offered by HiRide.
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| domain | founded_year | HQ Location |
Operates a carpooling platform for users.
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| domain | founded_year | HQ Location |
An app-based platform for intercity carpooling, connecting users for efficient and shared rides.
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| domain | founded_year | HQ Location |
Carpooling platform for sharing rides, saving costs, and secure payments.
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| domain | founded_year | HQ Location |
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| domain | founded_year | HQ Location |
MapleRide provides city-to-city ridesharing in southern Ontario, Canada.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Hitch It
When was Hitch It founded?
Hitch It was founded in 2019.
Where is Hitch It located?
Hitch It is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
What does Hitch It do?
Hitch It is a mobile application that facilitates ride-sharing and carpooling for long-distance travel in Canada and the United States. It allows drivers to post ride offers and passengers to book, pay, and communicate through an in-app system. Users can search for rides, confirm meetings, and rate experiences, promoting efficient travel. The platform emphasizes environmental benefits by reducing vehicles on the road and pollution, serving individual drivers and passengers.
Who are the top competitors of Hitch It?
Hitch It's top competitors include HiRide, Pop Rideshare and Caribook.
What products or services does Hitch It offer?
Hitch It offers Hitch It App, In-App Chat System, and Payment Processing.