Hype

Paris, France Founded: 2015 • Age: 11 yrs
App-based ride-hailing is facilitated by a hydrogen-powered taxi fleet.
Annual revenue $6.6M Latest available
Total funding $112.9M 3 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

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
  • Sectors
    Transportation, Automotive & Logistics
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Hype
Operational Areas
Transportation, Automotive & Logistics → Automotive Technology & Mobility Solutions Unlock Sub-Sector Unlock Segment
Transportation, Automotive & Logistics → Road Transportation & Transit Systems Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $6.63 M (USD)
    114
    as on Dec 31, 2022
  • Net Profit
    $13.51 M (USD)
    393
    as on Dec 31, 2022
  • EBITDA
    $11.31 M (USD)
    370
    as on Dec 31, 2022
  • Total Equity Funding
    $112.9 M (USD)

    in 3 rounds

  • Latest Funding Round
    $16.32 M (USD), Series C

    Jan 24, 2023

  • Investors
  • Employee Count
    Not available
  • 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.

Product name locked
Category locked
Primary

Taxi service using 100% electric vehicles exclusively.

Product name locked
Category locked
Locked

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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
RGREEN INVEST is engaged in green infrastructure investment management.
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Investments in equities, bonds, infrastructure, and impact projects are managed.
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Private equity and private debt firm focused on multiple sector
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Investor details for Hype

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Hype

Hype has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Slota.

Investments
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Investment portfolio details for Hype

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Technology-enabled bankruptcy processing solutions are provided for financial institutions.
Locked Locked 1999 Locked
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Complete acquisition details for Hype

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Hype

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Detailed financials for Hype

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  • Historical revenue
  • Profit trends
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  • Financial ratios

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Hype Comparisons

Hype Primary company
Description
App-based ride-hailing is facilitated by a hydrogen-powered ...
Location
Paris, France
Founded Year
2015
Annual Revenue
$6.63 M (USD)
Net Profit
$13.51 M (USD)
EBITDA
$11.31 M (USD)
Employees
Not available
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Peer comparison for Hype

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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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.

Company Name Domain Founded year HQ Location Description
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App-based taxi-hailing services are offered in select European cities.
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Ride-hailing services are facilitated via an app-based platform.
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Intracity cab services are offered via an online ride-hailing platform.
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Chauffeured vehicles and moto-taxis are booked online via app.
Locked Locked Locked
Asset heavy cab provider
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Detailed competitors of Hype

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  • Domains and locations
  • Full company profiles
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Latest news on Hype

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Complete news archive for Hype

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Hype

Hype was founded in 2015 and raised its 1st funding round 4 years after it was founded.

Hype is headquartered in Paris, France.

Hype is a funded company, having raised a total of $112.9M across 3 funding rounds to date.

Annual revenue of Hype is $6.63M as on Dec 31, 2022.

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.

Hype's top competitors include Heetch, LeCab and Allocab.

Hype offers Zero-Emission Taxi Service and Hype Lounge.

Hype has made 1 acquisition, including Slota.

Hype has 6 investors. Key investors include VINCI Energies, Mirova, RAISE, RGREEN INVEST, and Eiffel Investment Group.

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