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Hich

Raising nowOperating

HICH Inc.

Minneapolis, MN

HICH runs a ridesharing platform with its own software that connects riders and drivers, and also covers medical transport. Drivers can earn company equity through a driver ownership program. It competes with Uber and Lyft and so far earns most revenue from a limited area.

Raising nowRaising now on WeFunder

This company has an open fundraising round.

$105K raised82 investors203 days left
View the live round
Post-money valuation ⓘ
$11.1M
As of Apr 2026 · from Reg CF Offering (2026) · pre-money + amount raised, not a traded price
Total raised
$104,724
Across 1 round since 2026
Latest share price
$0.50
Reg CF · Common Stock · Apr 2026 offering price

Financials

FY2024–FY2025 · from SEC filings · hover any figure for its source
$0
−$39K
2024
$12K
−$1.1M
2025
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2024 audited
FY2025 audited
Income statement
Revenue
$0
$11,784
Cost of goods sold
$5,363
$802,826
Gross margin
—
-6713%
Net income
-$38,909
-$1,052,498
Taxes paid
$0
$0
Balance sheet
Cash
$11,841
$161,082
Accounts receivable
$0
$0
Total assets
$11,841
$9,672,379
Short-term debt
$0
$7,600
Long-term debt
$0
$1,064,845
Total liabilities
$0
$1,072,445
Other
Headcount
—
11

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$11.0M
pre-money
Reg CF · Common · Apr 2026

Blue bars are the pre-money valuation the company stated for a priced round.

Cap table

Share counts as of Dec 31, 2024
Class A Common stock · 62.4%Class B Common Stock · 37.6%
ClassOutstandingVotes / shareShare of totalVotesLast price
Class A Common stock9,948,333—62.4%14.2%—
Class B Common Stock6,000,0001037.6%85.8%—
Total15,948,333100%100%

Sold to the crowd

From the company's SEC filings: share counts per class, each class's voting and conversion terms, and the holders of 20% or more that Form C requires (officers and 10%+ holders on Form 1-A). Filings name only large holders, so most owners — including crowd investors — are not listed, and a holder's percentage may be of its own class rather than of the whole company. Prices and crowd share counts are in today's share terms — adjusted for splits and conversions since they were sold. Hover a figure for its filing.

Fundraising history

Raised $104.7K / $2.2MInvestors 82Post-money $11.1M

Team

7 people
Mohamed Yusuf
President & Co-Founder

One of Netflix's early employees built and scaled multiple successful businesses, including Samos and First Global Money. Owns early childhood education centres and moved to Minneapolis specifically to create a more equitable gig economy.

Rahul R
CEO
Rahul Rajendran
CEO & Co-Founder

Started coding rideshare software in 2010 as a side project and deployed systems across multiple countries, now serving millions of rides annually. Currently Sr Vice President of Cybersecurity at JPMorgan

Bob Cass
Chief Operations Officer

Four-time CEO with three profitable exits and extensive transportation industry experience. Launched new products at BC Transit, Elvin Safety, and Cramer Inc. while building a reputation for growing organizational value through strategic positioning.

Mustafa Sheikh
Chief Marketing & Strategy Officer

Studied Political Science and Economics at UC Berkeley and built a career closing major IT deals with the U.S. Department of Defense, Telenor, and Huawei across the Middle East and Africa.

Mohamed Sheikh-Yusuf
President
Shibu Abraham
CFO

Names and titles as disclosed on WeFunder, SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not obligated

never closed a Reg CF raise

82 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C/AApr 30, 20260002053995-26-000005
    EDGAR
  • Form CApr 6, 20260002053995-26-000003
    EDGAR
Source: SEC EDGARCIK 0002053995FLShare price $0.50Last synced Aug 17, 2026

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.