As 34 million families across the country gear up for a busy back-to-school ritual, we’re excited to share some significant milestones that provide us with the opportunity to expand our product and services.
We’re thrilled to announce that we recently closed our Series A financing, led by Sequoia Capital — the same team behind phenomenal brands like A irbnb, Dropbox, Instacart, WhatsApp, YouTube, and Zappos. Additionally, their General Partner Bryan Schreier will be joining our board of directors. Funding will support the company’s continued product and market expansion, as well as the development of strategic partnerships and initiatives.
For the families across the country with children, there is a lack of safe and reliable ride options. Zūm is for every busy household, no matter what it looks like — single parent families and dual income families; families with an only child and those with multiple kids; households with kids in public or private school, grade school and high school — all families that are constantly juggling multiple schedules and work demands. Zūm understands the need for flexibility with today’s busy families and provides the care and transportation they need.
We serve families from over 800 schools in the San Francisco Bay Area and Orange County, and over one hundred public, charter, and private schools use them as their exclusive rideshare partner to meet the dynamic transportation needs of their students and families. Having executed over 100,000 rides last year, Zūm is on track to grow five times this year.
Timed with the back to school season, Zūm has launched three new products that further expand upon existing partnerships with schools, and make it easier for families to manage increasingly busy schedules. These products include:
- Zūm Carpools: Parents can now coordinate with nearby friends, neighbors, and partner schools to create single or recurring carpools to and from school, activities, playdates, and more, providing a cost-efficient ride that’s also fun for kids.
- Zūm School Integration: Zūm provides easy integration with schools and full visibility of their student population’s transportation through Zūm’s technology. This brings added peace of mind to the schools and the families that they serve.
- Zūm Monthly Plans: Parents can book recurring pick ups and drop offs for the full school year at a convenient, low monthly payment, creating a consistent and smooth routine for families.
We look forward to continuing to serve busy families this coming school year, from school pick-ups and drop-offs to swimming lessons and dance classes, and all the moments in between. Thank you for your continued support.