HQ Overview
HQ is focused on providing corporations with reliable ground transportation, corporate commute, and shuttle solutions. The company’s apps enable employees to book rides, reserve seats, and track all their transportation in real time. At the same time, HQ’s spend management software and highly vetted transportation provider network provide travel managers, finance departments, and procurement teams with cost savings and peace of mind. HQ was developed by Hip Mobility Ltd.
Cumulative Funding Raised Over Time ($)
$12.0MFeb 2021
Latest News
growth-positive
Hip Mobility And SummitQwest Ground Announce Merger, Forming HQ - Largest Mobility Company For Corporate Travel
Hip Mobility has announced its merger with SummitQwest Ground Inc., forming HQ. HQ provides mobility solutions to major companies and has a network of ride providers in hundreds of cities worldwide. The merger combines SummitQwests corporate mobility solution with Hips corporate shuttle solutions, aiming to transform the way enterprises and their employees travel. HQ offers a centralized platform for booking and payment, integration with client operating systems, and the ability to track and report mobility spend. The company also provides employee shuttle transportation options and dynamic route optimization algorithms. The merger is seen as a positive growth move for Hip Mobility.
AcquisitionPartners
growth-positive
Hip Revolutionizes the Commute With First-Ever Dynamic Corporate Shuttle Platform for the Post-Pandemic Workplace
Hip, a mobility start-up, has announced a new enterprise platform for commuter shuttle and employee transportation programs. The platform includes route planning tools, contact tracing, and an analytics dashboard. The company secured $12 million in funding led by NFX and Magenta Venture Partners to support engineering, global sales, and operations. The platform aims to provide flexible transportation options for employees returning to the workplace in the post-pandemic environment. It uses dynamic route optimization algorithms to minimize employee commuting time and control company spend. The platform also offers features like contact tracing and customizable health and safety consent flows. Hips technology and managed-service platform cater to the hybrid work model and aim to attract employees back to the office.
InvestmentExpand
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | $12M |
| Last funding | $12M |
| Stage | Seed |
| Rounds | 1 |
| Investors | 3 |
Team Members
5
Employees: 51-200
Web & Social Links
| Website | hqtravel.com/ |
| Careers | Careers page |
| App Store | App Store |
| Google Play | Google Play |
Locations
Ness Ziona, Israel
New York, NY, USA
Photos & Videos
3 item(s)
HQ Business
Business models
B2B2C, B2B
Product stage
Released
Employees
51-200
Sector
Fintech & InsurtechMoney Transfer & ManagementAutomotive & Mobility TechnologiesUrban MobilityTarget Customer
ConsumersTransportation & MobilityCommutersEnterprise & Professional ServicesHuman Resource & Employment ServicesCore Technology
Platforms & InterfacesMobileSensingGeolocationArtificial IntelligenceTags (12)
productivitymobile-paymentsbookingartificial-intelligencesaasmobile-applicationssmart-mobilitypublic-transportationroute-optimizationreal-timetrackingsmart-cityGeographic Markets
PolandUnited KingdomUnited StatesPhilippinesSingaporeHQ Financials
$12M
Total funding
Undisclosed
Capital raised
$12M
Last funding
Seed
Funding stage
1
Total rounds
3
Investors
Cumulative Funding Raised Over Time ($)
$12.0MFeb 2021
Private Equity Funding
Seed
Feb 2021
$12M
NFX Capital (Lead)
,
Magenta Venture Partners, AltaIR Capital
Mergers & Acquisitions
MNAEvent
Oct 2021
Undisclosed
HQ Lifecycle
Cumulative Funding Raised Over Time
$12.0MFeb 2021
All Events
Seed
Feb 2021
$12M
NFX Capital (Lead)
,
Magenta Venture Partners, AltaIR Capital
MNAEvent
Oct 2021
Undisclosed
HQ News
2 articles
growth-positive
Hip Mobility And SummitQwest Ground Announce Merger, Forming HQ - Largest Mobility Company For Corporate Travel
Hip Mobility has announced its merger with SummitQwest Ground Inc., forming HQ. HQ provides mobility solutions to major companies and has a network of ride providers in hundreds of cities worldwide. The merger combines SummitQwests corporate mobility solution with Hips corporate shuttle solutions, aiming to transform the way enterprises and their employees travel. HQ offers a centralized platform for booking and payment, integration with client operating systems, and the ability to track and report mobility spend. The company also provides employee shuttle transportation options and dynamic route optimization algorithms. The merger is seen as a positive growth move for Hip Mobility.
AcquisitionPartners
growth-positive
Hip Revolutionizes the Commute With First-Ever Dynamic Corporate Shuttle Platform for the Post-Pandemic Workplace
Hip, a mobility start-up, has announced a new enterprise platform for commuter shuttle and employee transportation programs. The platform includes route planning tools, contact tracing, and an analytics dashboard. The company secured $12 million in funding led by NFX and Magenta Venture Partners to support engineering, global sales, and operations. The platform aims to provide flexible transportation options for employees returning to the workplace in the post-pandemic environment. It uses dynamic route optimization algorithms to minimize employee commuting time and control company spend. The platform also offers features like contact tracing and customizable health and safety consent flows. Hips technology and managed-service platform cater to the hybrid work model and aim to attract employees back to the office.
InvestmentExpand
HQ Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 167 |
| Team members | 5 |
Similar Companies
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HQ Internal
Recent Updates
No update log entries.
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Admin Info
| Confidence | 93/100 |
| Missing | markets, not claimed |
| BI Verification | Maor Perlov |
| Registrar ID | 515918175 |
| Crunchbase | hip-280d |
| Creator | Yotam Maman |
| Creator email | yotamm1988@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2022-12-07T00:00:00.000Z |
| Created | 2020-05-13T00:00:00.000Z |