# HITCH Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hitch-tech

- Industry: Internet
- Headquarters: Kitchener, Canada
- Website: www.hitch.video
- Latest round: Seed (Oct 10, 2018)
- Investors on record: 1

## About

HITCH Tech Inc. specializes in providing a suite of educational video content that enhances learning experiences through innovative multimedia resources, aimed at educators, students, and educational institutions across various regions.Founded in 2016, HITCH Tech Inc. is headquartered in Kitchener, Canada, and focuses on creating educational video content. The company has undergone no significant operational pivots or structural changes since its inception. Uche Onuora is the founder of HITCH, and prior founding history of the individual is not available. The company raised CAD 0.030 mn in a GRANT funding round from Velocity in October 2018, which marks their second deal.HITCH offers a comprehensive suite of educational video content designed to enhance learning experiences across various educational settings. Their core product, "HITCH Now," provides users access to a diverse library of high-quality educational videos that aim to catalyze potential, build knowledge, and reinforce curricula. The platform serves a wide range of end users, including educators, students, and educational institutions, by integrating engaging multimedia resources into classrooms, thereby enriching the teaching and learning process. The offerings are primarily utilized in K-12 schools and higher education institutions across North America, Europe, and parts of Asia, effectively bridging traditional education with modern digital learning methodologies. HITCH’s mission focuses on enhancing knowledge acquisition through innovative content delivery.HITCH generates revenue primarily through subscription-based models that provide educational institutions and individual users access to its video content. Clients, including schools and universities, typically enter into partnership agreements that allow them to subscribe to HITCH Now, granting access to a vast array of educational resources. This structure facilitates B2B engagements with educational institutions and direct-to-consumer options for individual users seeking supplemental learning materials. Pricing plans accommodate various customer segments, offering tiered access based on the size and needs of the institution or user. Specific pricing details are not disclosed, but the focus on subscription-based revenue indicates a commitment to building long-term relationships with clients.Moving forward, HITCH Tech Inc. plans to expand its product offerings with new educational video content slated for launch in the coming year. The company aims to penetrate additional geographic markets, specifically targeting institutions in South America and Asia by 2024. The recent funding from the GRANT in October 2018 will support the development of these new products and facilitate market entry strategies into these regions.

## Funding rounds

- Seed, Oct 10, 2018 — SOSV

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed