Hitch Robotics
OperatingFuture Labs III, Inc.
Industrial & Manufacturing · Founded 2017
Autonomous farm robots for the cannabis industry
Financials
FY2017–FY2021 · from SEC filings · hover any figure for its sourceFigures 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 inBlue bars are the pre-money valuation the company stated for a priced round. Dotted grey bars are our estimate for rounds that didn't state one: the round's share price × the shares outstanding in its filings. Same measure as blue, but rougher. Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth, so don't compare them with the other bars.
Cap table
Share counts as of Jun 2, 2022| Class | Outstanding | Votes / share | Share of total | Liquidation | Last price |
|---|---|---|---|---|---|
| Preferred stockpreferred(as of Dec 31, 2021) | 1,798,639 | — | 35.3% | paid 1st | — |
| Series Seed Preferred Stockpreferred | 1,048,662 | — | 20.6% | 1× non-participating | $0.0018Nov 2021 |
| Class F Stock | 2,250,023 | — | 44.1% | — | — |
| Total | 5,097,324 | 100% |
Shares outstanding over timein today's share terms
Changes in named holdersshares in today's terms · % of all shares at the time
- Future VC, LLC2.4M (79.1%) Jan 2021 → 593K (11.6%) May 2022
Principal holders% as the filing states it, Jun 2, 2022
- Kevin Morris32,967 Common Stock100.0%of
- Suma Reddy77,394 Common Stock100.0%of
- James JordanClass F Stock79.5%of Class F
- James JordanSeries Seed Shadow Stock79.5%of Series Seed Shadow
- Future VC, LLC1,779,996 Class F Stock79.1%of Class F
- Future VC, LLC593,331 Series Seed Shadow Stock79.1%of Series Seed Shadow
Sold to the crowd
- Reg CF · Dec 2019$507.3K
- Reg A+ · Feb 2021$1.7M· 760 investors
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
Team
6 peopleNames and titles as disclosed on SEC Form C, SEC Form 1-A. Bios and photos come from the platform campaign page and may be out of date.
Reg CF annual-report compliance
Filed 0 of 7 annual reports (FY2019–FY2025)
Missing: 2019, 2020, 2021, 2022, 2023, 2024, 2025
Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.
SEC filings
View all 19 filings on EDGAR- Form 253G2Apr 20, 20230001104659-23-047704EDGAR
- Form 1-UNov 18, 20220001104659-22-120245EDGAR
- Form 1-SASep 29, 20220001104659-22-103964EDGAR
- Form QUALIFJun 8, 20229999999994-22-000207EDGAR
- Form 1-A/AJun 2, 20220001104659-22-067635EDGAR
- Form 1-AMay 4, 20220001104659-22-055698EDGAR
- Form 1-KMay 2, 20220001104659-22-054309EDGAR
- Form DApr 28, 20220001644600-22-000058EDGAR
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.