About HitClub
HitClub is a company based in Ho Chi Minh City (Vietnam) founded in 2019 was acquired by HuffPost in October 2011. It operates as a Freemium, and Commission-Based. HitClub has raised $150 thousand across 1 funding round from investors including HuffPost and Knight Foundation. HitClub offers products and services including Online Card Games, Slots (Nổ Hũ), and Live Casino.
- Headquarter Ho Chi Minh City, Vietnam
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Sectors
Consumer
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Phone
*********
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Website
*********
- Legal Name Maine Potato Growers, Inc
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Products & Services of HitClub
HitClub offers a comprehensive portfolio of products and services, including Online Card Games, Slots (Nổ Hũ), and Live Casino. 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.
Card games are offered for online entertainment and rewards.
Slot games are provided with high reward potential online.
Live casino experiences are streamed with real dealers online.
Funding Insights of HitClub
HitClub has successfully raised a total of $150K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $150 thousand completed in February 2011. 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 1
- Last Round Angel Round — $150,000
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First Round
First Round
(04 Feb 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2011 | Amount | Angel Round - HitClub | Valuation |
investors |
| 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 HitClub
HitClub has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include HuffPost and Knight Foundation. 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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Funding is directed toward journalism and arts initiatives.
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Founded Year | Domain | Location | |
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Digital news and opinion content are published online by HuffPost.
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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 HitClub
| 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 - HitClub
| 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 |
Hitclub Comparisons
Competitors of HitClub
| 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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Frequently Asked Questions about HitClub
When was HitClub founded?
HitClub was founded in 2019.
Where is HitClub located?
HitClub is headquartered in Ho Chi Minh City, Vietnam.
Is HitClub a funded company?
HitClub is a funded company, having raised a total of $150K across 1 funding round to date. The company's 1st funding round was a Angel Round of $150K, raised on Feb 04, 2011.
What does HitClub do?
HitClub is established as a prominent online gaming platform in Vietnam, offering a diverse range of games such as card games, slots, and live casino experiences. The platform is designed to cater to various player preferences with modern interfaces and secure transactions. Services are extended across entertainment sectors, focusing on online gambling solutions with high reward opportunities. Partnerships with international game developers and payment providers are maintained to ensure quality and fairness for users.
What products or services does HitClub offer?
HitClub offers Online Card Games, Slots (Nổ Hũ), and Live Casino.
Who are HitClub's investors?
HitClub has 2 investors. Key investors include HuffPost, and Knight Foundation.
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