Tennessee Impact Fund’s First Investment Aims to Ease Traffic Congestion

ImpactAlpha, August 20 – LaunchTN, an organization that supports Tennessee-based startups, has made its first investment from its $1.7 million seed-stage impact fund, backing a Nashville-based ride sharing app called Hytch.

Hytch isn’t the standard ride-sharing app; its rewards-based service aims to incentivize people to make more sustainably-minded travel decisions, whether that’s sharing app-based rides, carpooling, or taking public transit.

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