Hytch, based in Nashville, is an eco-friendly mobile-rewards company that gives users free access to carbon-neutral travel by using carpool, rideshare, or public transportation.
“To have LaunchTN invest in our first round and again in our second is mission critical,” said Mark Cleveland, Hytch cofounder. “Startup investors gain confidence when they see this kind of support — from the additional eyeballs and voices in the underwriting process, to helping deliver resources, access, and connections the way LaunchTN does. It creates and improves the environment for success.”
“The LaunchTN investment helps lend credibility when we build relationships outside of Tennessee,” Cleveland added. “As we expand to serve the Bay Area as a technology tool to help fight congestion, we’re swimming with Silicon Valley, and everything matters.”