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Hitch Hotel Inc. logo

Hitch Hotel Inc.

Operating

Industrial & Manufacturing · Santa Clarita, CA · Founded 2015

The Lightweight Expandable Traveling Hotel

Post-money valuation ⓘ
$5.3M
As of Dec 2021 · from Reg CF Offering (2020) · pre-money + amount raised, not a traded price
Total raised
$334,730
Across 1 round since 2020
Latest share price
$5.00
Reg CF · Common Stock · Mar 2020 offering price

Financials

FY2017–FY2020 · from SEC filings · hover any figure for its source
$0
−$84K
2017
$0
−$190K
2018
$0
−$184K
2019
$0
−$133K
2020
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2017 reviewed*
FY2018 reviewed*
FY2019 reviewed
FY2020 reviewed
Income statement
Revenue
$0
$0
$0
$0
Cost of goods sold
$0
$0
$0
$0
Net income
-$83,990
-$190,140
-$184,175
-$132,780
Taxes paid
$800
$800
$0
$1,600
Balance sheet
Cash
$14,145
$26,724
$8,317
$4,054
Accounts receivable
$0
$0
$0
$33,385
Total assets
$147,494
$374,701
$494,593
$607,369
Short-term debt
$142,658
$537,252
$36,000
$44,093
Long-term debt
$0
$0
$380,000
$441,971
Total liabilities
$142,658
$537,252
$416,000
$486,064
Other
Headcount
—
4
—
4

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
$5.0M
pre-money
Reg CF · Common · Mar 2020

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

Fundraising history

Raised $334.7K / $1.1MInvestors 552Post-money $5.3M

Team

2 people
Geoff PattersonFounder
CEO

Geoff Patterson, President/CEO, is no stranger to hard work and seeing his ideas through to fruition. He has spent his life building companies from the ground up with his visionary leadership and passion. For 25 years he has built, owned and operated a successful body shop in Valencia, California. However, on February 11, 2006, while attending a Motocross race, he and his son Geremy witnessed the racer James Marshall crash. This prompted him to change the way we look at motorcycle safety forever. He imported the Leatt Neck Brace and distributed it nationwide, creating over $10 million nationally and 17 million worldwide, in sales the first year. 47 million was generated worldwide in 3 years, thus making it a Household name. In 2009, he created Twisted Beverage Company. This popular beverage made it into 11 states and 1,500 stores in just a couple of months before the FDA recommended that caffeine was unsafe to mix with high alcohol content. His most recent and most potentially successful venture yet is his invention of the Hitch Hotel. The Outdoor Industry is one of the most overlooked economic multi-hundred billion-dollar industries in the nation! Geoff’s expertise in building from the ground up – whether it is a vehicle or a multi-million dollar business – will lead Hitch Hotel into the top ranks of this ever-growing mega-industry, thereby again creating a product with Household name status.

Gil GorenFounder
Vice President & Co-Founder

Gil Goren, Vice President, is a proactive, results-driven professional with an 20 year record of achievement and demonstrated expertise in generating, growing business and closing deals. Gil has strong interpersonal skills and an exceptional ability to identify and anticipate customers’ needs with both inside and outside sales. He is consistently ranked among the top producers in various environments including established, emerging and startup operations.

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

Reg CF annual-report compliance

Delinquent

Filed 1 of 7 annual reports (FY2019–FY2025)

Missing: 2019, 2021, 2022, 2023, 2024, 2025

552 investors
holder-count proxy

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

  • Form C-UOct 5, 20220001665160-22-002613
    EDGAR
  • Form C-UDec 23, 20210001665160-21-002311
    EDGAR
  • Form C/ANov 19, 20210001665160-21-002061
    EDGAR
  • Form C/AOct 25, 20210001665160-21-001872
    EDGAR
  • Form C/AAug 25, 20210001665160-21-001523
    EDGAR
  • Form C/AJul 26, 20210001665160-21-001322
    EDGAR
  • Form C-AR/AJun 21, 20210001665160-21-001144
    EDGAR
  • Form C-ARApr 29, 20210001665160-21-000779
    EDGAR
Source: ManualCIK 0001803159DEShare price $5.00

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.