Hip
Experience a seamless and efficient daily commute from the city to the suburbs with an app offering real-time tracking, accurate ETAs, and guaranteed seating.
Experience a seamless and efficient daily commute from the city to the suburbs with an app offering real-time tracking, accurate ETAs, and guaranteed seating.
Hip is a transportation startup that aims to improve the daily commuting experience for city workers traveling to and from the suburbs. The company offers a mobile application that allows users to book tickets for Hip buses, providing features such as real-time tracking, accurate ETAs, and guaranteed seating. Using algorithms, Hip optimizes routes and pick-up/drop-off points to ensure efficiency. The company primarily targets regular commuters who travel twice a day, every day. Founded in 2018 by Amiad Solomon and Itay Ovits, Hip secured a $12.00M Series A investment on February 2, 2021 from investors including AltaIR Capital, NFX, Magenta Ventures, and Karman Ventures (fka Moving Capital). This investment reflects confidence in Hip's potential to revolutionize daily commutes and enhance the overall transportation industry.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series A | $12.00M | 4 |
|
02 Feb 2021 |
| Seed Round | Unknown | 2 |
|
15 May 2020 |
| Seed Round | Unknown | 1 |
|
24 Jun 2019 |
No recent news or press coverage available for Hip.
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