Hitch (Business/Productivity Software) Overview
- Year Founded
-
2010
- Status
-
Acquired/Merged
- Employees
-
60
- Latest Deal Type
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M&A
- Latest Deal Amount
-
$57M
Hitch (Business/Productivity Software) General Information
Description
Developer of an internal talent mobility platform designed to help enterprises accelerate productivity and performance with their existing talent. The company's platform creates a talent marketplace and supply chain of skills to match career interest with opportunities, expertise with capacity, and real-time skill visibility to manage supply and demand, thereby enabling companies in upskilling and reskilling, dynamic teaming, democratized career development and foster a culture of learning and growth for its employees.
Contact Information
Website
www.hitch.works(Operating Subsidiary)
Corporate Office
- 701 5th Avenue
- Suite 42
- Seattle, WA 98104
- United States
Corporate Office
- 701 5th Avenue
- Suite 42
- Seattle, WA 98104
- United States
Hitch (Business/Productivity Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 15-Jun-2022 | $57M | Completed | Generating Revenue | ||
| 3. Later Stage VC | 01-Apr-2022 | Completed | Generating Revenue | |||
| 2. Later Stage VC | 17-Feb-2021 | $10M | $12M | Completed | Generating Revenue | |
| 1. Seed Round | 01-Dec-2020 | $2M | $2M | Completed | Generating Revenue |
Hitch (Business/Productivity Software) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed |
Hitch (Business/Productivity Software) Signals
Hitch (Business/Productivity Software) Former Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Bluestem Capital Company | PE/Buyout | Minority | ||
| Bossa Invest | Venture Capital | Minority | ||
| Broadway Angels | Angel Group | Minority | ||
| Handshake Ventures | Venture Capital | Minority | ||
| How Women Invest | Venture Capital | Minority |
Hitch (Business/Productivity Software) Acquisitions (1)
Hitch (Business/Productivity Software)’s most recent deal was a Merger/Acquisition with Encube Technologies. The deal was made on 01-Aug-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Encube Technologies | 01-Aug-2021 | Merger/Acquisition | Application Software |
Hitch (Business/Productivity Software) FAQs
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When was Hitch (Business/Productivity Software) founded?
Hitch (Business/Productivity Software) was founded in 2010.
-
Where is Hitch (Business/Productivity Software) headquartered?
Hitch (Business/Productivity Software) is headquartered in Seattle, WA.
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What is the size of Hitch (Business/Productivity Software)?
Hitch (Business/Productivity Software) has 60 total employees.
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What industry is Hitch (Business/Productivity Software) in?
Hitch (Business/Productivity Software)’s primary industry is Business/Productivity Software.
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Is Hitch (Business/Productivity Software) a private or public company?
Hitch (Business/Productivity Software) is a Private company.
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What is the current valuation of Hitch (Business/Productivity Software)?
The current valuation of Hitch (Business/Productivity Software) is .
-
What is Hitch (Business/Productivity Software)’s current revenue?
The current revenue for Hitch (Business/Productivity Software) is .
-
How much funding has Hitch (Business/Productivity Software) raised over time?
Hitch (Business/Productivity Software) has raised $12M.
-
Who are Hitch (Business/Productivity Software)’s investors?
Bluestem Capital Company, Bossa Invest, Broadway Angels, Handshake Ventures, and How Women Invest are 5 of 6 investors who have invested in Hitch (Business/Productivity Software).
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When was Hitch (Business/Productivity Software) acquired?
Hitch (Business/Productivity Software) was acquired on 15-Jun-2022.
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Who acquired Hitch (Business/Productivity Software)?
Hitch (Business/Productivity Software) was acquired by ServiceNow.
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