What is HopSkipDrive?
HopSkipDrive is a technology-driven company focused on providing safe and dependable transportation solutions, particularly for children and families. The company leverages its operational expertise and innovative thinking to ensure that transportation barriers do not hinder individuals from reaching their full potential. This mission is critical in addressing the complex logistical challenges that can impact daily life and opportunities.
How much funding has HopSkipDrive raised?
HopSkipDrive has raised a total of $129.8M across 9 funding rounds:
Angel/Seed
$3.8M
Series A
$10.2M
Unspecified
$7.4M
Multiple Rounds
$45M
Debt
$1.4M
Series C
$25M
Series D
$37M
Angel/Seed (2015): $3.8M with participation from Upfront Ventures, Firstmark Capital, and Maveron
Series A (2016): $10.2M led by BBG Ventures, FirstMark Capital, Pritzker Group Venture Capital, Greycroft Partners, 1776, and UpFront Ventures
Unspecified (2017): $7.4M, investors not publicly disclosed
Series B (2020): $22M featuring Cyrus Capital Partners and State Farm Ventures
Other Financing Round (2020): $22M backed by Upfront Ventures, Greycroft Partners LLC, Cyrus Capital Partners LP, State Farm Insurance, and FirstMark Capital LLC
Debt (2020): $1M with participation from PPP
Debt (2021): $1.4M led by PPP
Series C (2021): $25M supported by Keyframe and Energy Impact Partners
Series D (2022): $37M featuring Alumni Ventures, Keyframe, Energy Impact Partners, Transform Capital, and FirstMark Capital
Key Investors in HopSkipDrive
Cyrus Capital Partners
Cyrus Capital Partners is an investment adviser specializing in global securities and loans, with a focus on deep value and legal opportunities to generate high absolute returns.
Keyframe
Keyframe Capital Partners addresses challenges within capital markets to facilitate growth and drive innovation, supporting businesses in navigating complex financial environments.
Energy Impact Partners
Energy Impact Partners is an investment firm dedicated to transforming the energy industry towards a decarbonized future, collaborating with innovators and major energy companies.
What's next for HopSkipDrive?
The recent major strategic investment signals a new phase of expansion and development for HopSkipDrive. This capital infusion is expected to fuel further technological advancements, enhance operational capabilities, and potentially broaden the company's service reach. The company's focus on a critical societal need, combined with substantial backing, positions it for continued innovation and impact in the transportation and logistics industry.
See full HopSkipDrive company page
