Zum Stock

ridezum.comTransportationFounded: 2015Funding to Date: $198.4MM

Zūm is a provider of safe rides & care for kids, focused on giving families back precious time to enjoy life.

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Enterprise Value (based on primary financings)

Enterprise Value

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Team

Management Team

Ritu Narayan
Co-Founder & Chief Executive Officer
Vivek Garg
Co-Founder & Chief Operating Officer
Abhishek Garg Ph.D
Co-Founder & Chief Technology Officer

Board Members

Bryan Schreier
Sequoia Capital
Nabeel Hyatt
Spark Capital

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News

In an effort to reduce the 8.4 million metric tons of greenhouse gas (GHG) that diesel school buses emit annually, Zum launched the Net Zero initiative, a program rooted in creating a safer, healthier, more sustainable planet. The new investment by Softbank will support the company's plans to expand to 10,000 EVs on its platform, putting the company on track to achieve its 100% EV by 2025.
Zūm, which already operates its rideshare-meets-bus service in Oakland, much of Southern California, Seattle, Chicago and Dallas, will be responsible for handling day-to-day operations, transporting 3,500 students across 150 school campuses starting this fall semester.
Ridesharing isn’t just for transporting teenagers and adults anymore. Zūm, a ridesharing startup for kids, just raised a $40 million Series C round led by BMW i Ventures with participation from Spark Capital, Sequoia Capital and Volvo Cars Tech Fund. This brings the company’s total fund…