Hitch Hotel Inc.
About this raise
Hitch Hotel, with a $5 million pre-money valuation, is raising funds on StartEngine. The company makes lightweight expandable hotels that can be attached to the back of any vehicle through a trailer receiver. The product is suitable for constant travelers and weekend adventurers and gives over seven feet of sleeping room. Hitch Hotel Classic is safe, comfortable, raised from the ground, and easily secured. Hitch Hotel was founded by Geoff Patterson and Gil Goren in 2015 and has raised over $170,000 in previous rounds of funding. The current crowdfunding round has a minimum goal of $10,000 and a maximum goal of $1,070,000. Hitch Hotel is protected by five patents and has already reached over 320,000 potential customers through its website.
Investment Overview
Invested : $335,750
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 03/12/2020
- Close Date
- 12/20/2021
$10,000
$1,070,000
$235
Equity - Common
Pre-Seed
RegCF
$5.00
$5,000,000
Company & Team
Company
- Year Founded
- 2015
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/20/2021 | StartEngine | $5,000,000 | $335,750 | Equity - Common | Funded | RegCF |