About Hype
Hype is a company based in Paris (France) founded in 2015 by Mathieu Gardies. It operates as a Mobility-as-a-Service, and On-Demand Services. Hype has raised $112.9 million across 3 funding rounds from investors including VINCI Energies, Mirova and RAISE. Hype has completed 1 acquisition, including Slota. Hype offers products and services including Zero-Emission Taxi Service and Hype Lounge. Hype operates in a competitive market with competitors including Heetch, Kapten, LeCab, Allocab and Pickmecab, among others.
- Headquarter Paris, France
- Founders Mathieu Gardies
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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- Legal Name Hype
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Annual Revenue
$6.63 M (USD)114as on Dec 31, 2022
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Net Profit
$13.51 M (USD)393as on Dec 31, 2022
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EBITDA
$11.31 M (USD)370as on Dec 31, 2022
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Total Equity Funding
$112.9 M (USD)
in 3 rounds
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Latest Funding Round
$16.32 M (USD), Series C
Jan 24, 2023
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Investors
VINCI Energies
& 5 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Hype
Hype offers a comprehensive portfolio of products and services, including Zero-Emission Taxi Service and Hype Lounge. 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.
Taxi service using 100% electric vehicles exclusively.
Premium taxi service with zero-emission electric vehicles.
Funding Insights of Hype
Hype has successfully raised a total of $112.9M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $16.32 million completed in January 2023. 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 3
- Last Round Series C — $16.3M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2023 | Amount | Series C - Hype | Valuation | VINCI Energies |
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| Jan, 2021 | Amount | Series C - Hype | Valuation |
investors |
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| Jul, 2019 | Amount | Seed - Hype | Valuation | Kouros Investment |
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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 |
Investors in Hype
Hype has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include VINCI Energies, Mirova and RAISE. 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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RGREEN INVEST is engaged in green infrastructure investment management.
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Founded Year | Domain | Location | |
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Investments in equities, bonds, infrastructure, and impact projects are managed.
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Founded Year | Domain | Location | |
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Private equity and private debt firm focused on multiple sector
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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 Hype
Hype has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Slota. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Technology-enabled bankruptcy processing solutions are provided for financial institutions.
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1999 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hype
| 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 |
Hype Comparisons
Competitors of Hype
Hype 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 Heetch, Kapten, LeCab, Allocab and Pickmecab, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
App-based taxi-hailing services are offered in select European cities.
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| domain | founded_year | HQ Location |
Ride-hailing services are facilitated via an app-based platform.
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| domain | founded_year | HQ Location |
Intracity cab services are offered via an online ride-hailing platform.
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| domain | founded_year | HQ Location |
Chauffeured vehicles and moto-taxis are booked online via app.
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| domain | founded_year | HQ Location |
Asset heavy cab provider
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| 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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Latest news on Hype
Frequently Asked Questions about Hype
When was Hype founded?
Hype was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is Hype located?
Hype is headquartered in Paris, France.
Is Hype a funded company?
Hype is a funded company, having raised a total of $112.9M across 3 funding rounds to date.
What is the annual revenue of Hype?
Annual revenue of Hype is $6.63M as on Dec 31, 2022.
What does Hype do?
Hype is established as a leader in zero-emission mobility, focusing on taxi services with 100 electric vehicles. Operating primarily in Paris since 2015, the company has expanded to other French regions and Brussels. Solutions are provided for both standard and premium transport needs, targeting urban pollution reduction. The transportation sector is served with a commitment to decarbonization, supported by partnerships with major events and institutions like Paris 2024 Olympic Games.
What products or services does Hype offer?
Hype offers Zero-Emission Taxi Service and Hype Lounge.
How many acquisitions has Hype made?
Hype has made 1 acquisition, including Slota.
Who are Hype's investors?
Hype has 6 investors. Key investors include VINCI Energies, Mirova, RAISE, RGREEN INVEST, and Eiffel Investment Group.