# HopSkipDrive

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hopskipdrive

- Industry: Transportation Services
- Headquarters: South Pasadena, US
- Website: www.hopskipdrive.com
- Total disclosed funding: $105M
- Latest round: Series D (Sep 13, 2022)
- Investors on record: 21

## About

Based in the US, HopSkipDrive, Inc. is a transportation service provider that specializes in student transportation, catering to complex educational needs with innovative technology.Founded in 2014 and headquartered in South Pasadena, California, HopSkipDrive offers specialized transportation solutions for students. The company was co-founded by Carolyn Becher, Janelle McGlothlin, and Joanna McFarland, who also serves as the CEO. HopSkipDrive has raised a total of USD 37.00 mn, with its most recent funding round being Series D, completed on September 13, 2022, involving multiple investors including Cap Table Coalition and Transform Capital.HopSkipDrive offers supplemental student transportation services designed to address complex transportation needs in educational settings. Central to its offerings is RouteWise AI™, an innovative platform that provides customized, data-driven routing plans tailored to the specific requirements of school districts. This technology facilitates a network of thoroughly vetted CareDrivers to ensure safe rides on short notice, catering to the needs of students with specialized requirements, including those under the McKinney-Vento Homeless Assistance Act and Individualized Education Programs (IEPs). The company serves various clients, including school districts and nonprofits, focusing primarily on urban and suburban areas throughout the United States.HopSkipDrive generates revenue through partnerships with school districts and agencies that require transportation solutions for students. These partnerships involve direct agreements with educational institutions for scheduled transportation services, which can range from on-demand rides to transportation for after-school activities. The pricing structure is flexible, accommodating different service levels and focusing on delivering reliable transportation for students and their caregivers.In September 2022, HopSkipDrive raised USD 37.00 mn in Series D funding, which will be allocated towards enhancing its RideIQ platform and expanding into new markets. The company aims to modernize school transportation while targeting expansion into additional urban and suburban regions across the United States.

## Funding rounds

- Series D, Sep 13, 2022, $37M — Upfront, FirstMark Capital, Alumni Ventures Group, 1776, Energy Impact Partners, Gaingels, Halogen, 1843 Capital, GingerBread Capital, The Artemis Fund, Keyframe Capital Partners, Transform Capital, Cap Table Coalition
- Series C, Aug 11, 2021, $25M — FirstMark Capital, 1776, Energy Impact Partners, Gaingels, Keyframe Capital Partners
- Series B, Feb 4, 2020, $22M — Upfront, Greycroft, Cyrus Capital Partners, FirstMark Capital, Women's VC Fund II, Alumni Ventures Group, BBG Ventures, 1776, Gaingels, Halogen, 1843 Capital, GingerBread Capital, State Farm Ventures, The Artemis Fund
- Series A, Nov 21, 2017, $7.4M — Upfront, FirstMark Capital, Student Transportation Inc.
- Series A, Jan 8, 2016, $10M — Pritzker Group Venture Capital, Greycroft, FirstMark Capital
- Seed, Jun 22, 2015, $3.8M — Upfront, Maveron, FirstMark Capital, BBG Ventures

## Investors

- Upfront (https://capitalatlas.ai/funds/upfront) — Seed, Series A, Series B, Series D
- Maveron (https://capitalatlas.ai/funds/maveron) — Seed
- FirstMark Capital (https://capitalatlas.ai/funds/firstmark-capital) — Seed, Series A, Series B, Series C, Series D
- BBG Ventures (https://capitalatlas.ai/funds/bbg-ventures) — Seed, Series B
- Pritzker Group Venture Capital (https://capitalatlas.ai/funds/pritzker-group-venture-capital) — Series A
- Greycroft (https://capitalatlas.ai/funds/greycroft) — Series A, Series B
- Student Transportation Inc. — Series A
- Cyrus Capital Partners — Series B
- Women's VC Fund II — Series B
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series B, Series D
- 1776 (https://capitalatlas.ai/funds/1776) — Series B, Series C, Series D
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series B, Series C, Series D
- Halogen (https://capitalatlas.ai/funds/halogen) — Series B, Series D
- 1843 Capital (https://capitalatlas.ai/funds/1843-capital) — Series B, Series D
- GingerBread Capital (https://capitalatlas.ai/funds/gingerbread-capital) — Series B, Series D
- State Farm Ventures (https://capitalatlas.ai/funds/state-farm-ventures) — Series B
- The Artemis Fund (https://capitalatlas.ai/funds/the-artemis-fund) — Series B, Series D
- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Series C, Series D
- Keyframe Capital Partners — Series C, Series D
- Transform Capital (https://capitalatlas.ai/funds/transform-capital) — Series D
- Cap Table Coalition (https://capitalatlas.ai/funds/cap-table-coalition) — Series D