About Zum
Zum is a company based in Redwood City (United States) founded in 2014.. Zum has raised $338.62 million across 9 funding rounds from investors including Volvo Cars, FundersClub and SoftBank Vision Fund. Zum offers products and services including Zum Platform, Driver Dashboard, and Parent App. Zum operates in a competitive market with competitors including GoKid, BusPatrol, Shuddle, Carpool Kids and Kid Car, among others.
- Headquarter Redwood City, United States
- Stage Unicorn
-
Sectors
EducationTransportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Zum Services, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$338.62 M (USD)
in 9 rounds
-
Latest Funding Round
$4 M (USD), Series E
Mar 28, 2024
-
Investors
Volvo Cars
& 12 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Zum
Zum offers a comprehensive portfolio of products and services, including Zum Platform, Driver Dashboard, and Parent App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for real-time student transport tracking and management.
Tool for optimizing routes and handling student care instructions.
App to monitor child location and bus arrival times.
Unlock access to complete
Operations Team
12 people
Software Development Team
12 people
Leadership Team
7 people
Finance and Accounting
5 people
Sales and Marketing
5 people
Human Resources and Administration
4 people
Legal and Compliance
3 people
Creative and Marketing Team
2 people
Unlock access to complete
Funding Insights of Zum
Zum has successfully raised a total of $338.62M across 9 strategic funding rounds. The most recent funding activity was a Series E round of $4 million completed in March 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 9
- Last Round Series E — $4.0M
-
First Round
First Round
(01 Aug 2015)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series E - Zum | Valuation |
investors |
|
| Jan, 2024 | Amount | Series E - Zum | Valuation | GIC | |
| Oct, 2021 | Amount | Series D - Zum | Valuation | SoftBank Vision Fund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Zum
Zum has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Volvo Cars, FundersClub and SoftBank Vision Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Sovereign wealth is managed and private equity investments are facilitated.
|
Founded Year | Domain | Location | |
|
Sequoia Capital is engaged in venture capital investments.
|
Founded Year | Domain | Location | |
|
Venture capital investments in technology and startups.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Zum
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Zum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Zum Comparisons
Competitors of Zum
Zum operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GoKid, BusPatrol, Shuddle, Carpool Kids and Kid Car, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Carpool solution for families
|
|
| domain | founded_year | HQ Location |
AI and cloud-powered stop-arm cameras for school buses are utilized.
|
|
| domain | founded_year | HQ Location |
Provides scheduled ridesharing services specifically for children.
|
|
| domain | founded_year | HQ Location |
An app-based platform for organizing car ride-sharing for children.
|
|
| domain | founded_year | HQ Location |
Provides safe rides with installed car seats for family and airport travel needs.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Zum
Frequently Asked Questions about Zum
When was Zum founded?
Zum was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Zum located?
Zum is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Is Zum a funded company?
Zum is a funded company, having raised a total of $338.62M across 9 funding rounds to date. The company's 1st funding round was a Series D of $130M, raised on Aug 01, 2015.
What does Zum do?
Founded in 2014 and based in Redwood City, United States, the company operates in the student transportation sector. A technology platform is utilized to deliver route optimization, real-time tracking, and communication tools for parents, schools, and drivers. Integrated applications and dashboards are employed to support student transit. Multi-size vehicle fleets, including electric vehicles, are maintained to address various transportation requirements.
Who are the top competitors of Zum?
Zum's top competitors include GoKid, BusPatrol and Go Together.
What products or services does Zum offer?
Zum offers Zum Platform, Driver Dashboard, and Parent App.
Who are Zum's investors?
Zum has 13 investors. Key investors include Volvo Cars, FundersClub, SoftBank Vision Fund, GIC, and Climate Investment.
What is Zum's valuation?
The valuation of Zum is $1.3B as of Jan 2024.