Hip

The American startup of Hip founded in 2018 is a developer of mobile application for the organization of joint transportations of passengers from the house to work location. Service gives an opportunity to make trips by special Hip-buses along different routes. Hip guarantees to the users existence of the place in transport and also observance of necessary requirements for the capacity of passengers in one bus for their convenience and security.

History

2021: Attraction of $12 million investments

At the beginning of February, 2021 the American startup of Hip for the organization of joint trips from the house for work attracted financing in the amount of $12 million. The investment round was headed by NFX and Magenta Venture Partners with the assistance of the Russian fund AltaIR Capital and the former heads of Uber, Booking.com and Google.

The Russian AltaIR Capital invested in service of joint trips from the house for Hip work

In addition to the main Hip application for the organization of trips, the platform with a full range of services includes planning tools and managements of routes, trackings of contacts and a reliable analytical panel and also high-quality transport services with the royal standards of security, including observance of the rules relevant during COVID-19 pandemic.

The startup is going to invest the raised funds in engineering developments and improvement of global sales.

The Hip application offers tracking of the bus in real time, calculation exact arrival time to a destination point and an opportunity to reserve the place in the bus in the online mode. The optimized routes on the basis of algorithms and individual points of landing and disembarkation guarantee that the trip to work will be the most convenient and fast. Hip offers daily testing of drivers regarding COVID-19 infection, careful disinfection of the vehicle and also keeps track of the state of health of users who make trips to exclude the probability of spread of an infection.^[1]

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