Hutch

London, United Kingdom Founded: 2011 • Age: 15 yrs Acquired By Modern Times Group
Hutch Games Ltd. is engaged in developing mobile racing games.
Annual revenue - Latest available
Total funding $5.5M 2 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Hutch

Hutch is a company based in London (United Kingdom) founded in 2011 was acquired by Modern Times Group in December 2020. It operates as a Freemium. Hutch has raised $5.5 million across 2 funding rounds from investors including Modern Times Group, Backed and Index Ventures. Hutch offers products and services including F1 Clash, Matchcreek Motors, and Top Drives. Hutch operates in a competitive market with competitors including Codemasters, Spektra, Grease Monkey Games, Ultimate Studio and Revani, among others.

  • Headquarter London, United Kingdom
  • Sectors
    Media & Entertainment
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Hutch Games Ltd.
Operational Areas
Media & Entertainment → Gaming & Interactive Entertainment Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $5.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $5.5 M (USD), Series A

    Feb 02, 2017

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Modern Times Group

    (Dec 08, 2020)

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Products & Services of Hutch

Hutch offers a comprehensive portfolio of products and services, including F1 Clash, Matchcreek Motors, and Top Drives.

Product name locked
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Primary

A racing game featuring Formula 1 competition and rewards.

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A game combining car restoration with match-3 gameplay.

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A card-based racing game focused on car collection.

Funding Insights of Hutch

Hutch has successfully raised a total of $5.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.5 million completed in February 2017. 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.

Investors in Hutch

Hutch has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Modern Times Group, Backed and Index Ventures.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm providing seed funding and community support to founders
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Venture capital investments in technology startups and entrepreneurs.
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Investments are directed toward seed and early-stage tech companies.
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Investor details for Hutch

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  • Investor domains
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Investments & Acquisitions by Hutch

Investments
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Investment portfolio details for Hutch

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  • Portfolio identities
  • Transaction dates
  • Round details
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Financial Statements - Hutch

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Detailed financials for Hutch

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Hutch Comparisons

Hutch Primary company
Description
Hutch Games Ltd. is engaged in developing mobile racing game...
Location
London, United Kingdom
Founded Year
2011
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Hutch

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Competitors of Hutch

Hutch 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 Codemasters, Spektra, Grease Monkey Games, Ultimate Studio and Revani, among others.

Company Name Domain Founded year HQ Location Description
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Video game developer specializing in core games
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Mobile casual games specializing in car racing simulations are developed.
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Mobile racing games are developed for PC and mobile platforms.
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Casual racing games for mobile platforms are developed.
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Develops innovative technologies for casual games.
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Detailed competitors of Hutch

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Latest news on Hutch

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Complete news archive for Hutch

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Frequently Asked Questions about Hutch

Hutch was founded in 2011 and raised its 1st funding round 4 years after it was founded.

Hutch is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Hutch is a funded company, having raised a total of $5.5M across 2 funding rounds to date.

Hutch Games Ltd. is involved in the creation and distribution of mobile games, primarily focusing on racing and automotive themes. The company operates within the gaming sector, offering titles such as F1 Clash, Matchcreek Motors, and Top Drives. These games are designed to provide engaging experiences through competitive racing, car customization, and strategic gameplay. Based in London, with additional offices in Dundee and Nova Scotia, Hutch emphasizes a unique approach to game development and a balanced work environment for its team.

Hutch's top competitors include Codemasters, Spektra and Ultimate Studio.

Hutch offers F1 Clash, Matchcreek Motors, and Top Drives.

Hutch has 4 investors. Key investors include Modern Times Group, Backed, Index Ventures, and Initial Capital.

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