Hip 12m B2BKorosecTechcrunch, an app that connects commuters with private shuttle and bus operators, has raised $12M in funding and added B2B offerings. A year ago, COVID-19 halted commutes for millions of Americans. It also sent the ridesharing industry into free fall.
Business-to-Business Services
Hip 12m B2BKorosecTechcrunch, mobility as a service (MaaS) app that connects riders with private shuttle companies and bus companies, recently raised $12 million in funding and announced the launch of its business-to-business services. The announcement comes at a critical time, as COVID-19 struck the ridesharing industry and also paralyzed daily commutes for millions of Americans.
Transportation System
Hip 12m B2BKorosecTechcrunch-as-a-service startup Hip has raised $12 million to expand its business model and add business-to-business services. The company aims to connect bus and private shuttle companies with commuters. Its new services are expected to help reduce costs and improve accessibility of the transportation system.
SHARE Mobility, a technology company based in Columbus, OH, provides transportation solutions to enterprise companies. The company’s mobility as a service platform allows enterprise companies to implement new transportation programs and optimize existing ones. The company has seen an increase in demand for transportation services as a result of the high cost of personal transportation. Its platform provides reliable, efficient transportation and meets the needs of global enterprise companies.
Modes of Transport
MaaS is becoming a common concept in transportation, with a gradual shift away from privately owned vehicles to modes of transport that are used as a service. The transition to MaaS is happening now, with cities such as Helsinki, Finland, adopting it as a pilot city. Whim is one such service, which enables citizens to select varying levels of service, ranging from a free ride to a fully-owned ride.
Hip-Hop Artist Discord
Hip 12m B2BKorosecTechcrunch-hop artist Discord has raised $12M in seed funding for his new album. The funding is led by Forerunner Ventures, which previously led the funding of Halsey and Kaytranada. Discord’s latest album ‘Invisible’ is set to debut on May 26.
Share Mobility
Share Mobility is a company providing transportation solutions for businesses. The Mobility recently closed a $12 million Series A funding round. The round included participation from Renewal Funds and Iron Gate Capital. The company initially focused on autonomous vehicles but has since switched focus to mobility as a service. It raised the funds to expand its workforce to 75.
The health care analytics startup Avant-garde Health has raised $12M in Series A funding, which it will use to accelerate its mission of improving health care delivery. The funding comes as the company is set to release its CareMeasurement analytics platform later this year and also plans to double its team size this year. This round of funding is led by Fulcrum Equity Partners. It also includes investments from General Catalyst, Sparta Group, and also Tectonic Ventures.
Avant-Garde Health
Avant-garde Health has raised $12M in funding to continue developing its CareMeasure software, which tracks patients’ care for up to three months after discharge. The software also calculates bundle costs for each payment, and compares them to the targeted prices for that payment.
Social Music Platform
Stationhead, a social music platform based in NYC that connects artists and also music fans, has raised $12 million for its Series A round. The round was led by Buttonwood Group Advisors and also included Diplo as a key investor. Other investors included Red Light Management, TMWRK, Avex Entertainment, and Round Hill Publishing. Stationhead plans to use the funding to accelerate its global platform, invest in engineering, and also improve the user experience.
Final Words:
Hip, a ridesharing company, has raised $12 million in new funding, bringing its total funding to $18 million. It has a unique branded platform that connects companies with transportation providers and enables them to save money. Its platform also offers route planning, a COVID-19 infection contact tracer, and also control over vehicle capacity. Additionally, the company’s app allows employees to book seats, reserve seats, and also track their transportation in real-time.
