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
