Zum was founded in 2015 by Ritu Narayan and Vivek Garg. The company has not publicly endorsed plans to participate in an IPO.
Zum helps school districts optimize their student transportation services. The company uses an integrated platform to schedule pickups, share route changes, and allow parents to track the status of their child's bus. The company announced plans to transition to a completely electric bus fleet by 2025. In 2022, Zum earned a place on CNBC's Disruptor 50 list. The company has raised more than $200 million in venture capital funding from investors including SoftBank Vision Fund II, Sequoia, BMW, Spark Capital, and Sand Hill Angels. Zum was valued at $937 million after a $130 million fundraising round in 2021.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Zum does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for Zum will be known as it becomes public. Here are similar public companies: Tesla (NAS: TSLA), Rivian (NAS: RIVN), Ford (NYS: F), Uber (NYS: UBER), Lyft (NAS: LYFT).
|Date||Funding Round||Funding Raised||Price per Share||IPO Valuation|
|10/6/2021||Series D and D-1||$127.83MM raised||$XXX.XX||$XXX.XX|
|2/28/2019||Series C||$43.86MM raised||$XXX.XX||$XXX.XX|
|3/13/2018||Series B||$19.05MM raised||$XXX.XX||$XXX.XX|
|8/29/2017||Series A||$5.51MM raised||$XXX.XX||$XXX.XX|
|2/10/2016||Series AA-1, AA-2, AA-3, and AA-4||$2.16MM raised||$XXX.XX||$XXX.XX|
Zum is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
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Zum is a private company and not publicly traded.
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