HopSkipDrive

HopSkipDrive

Specialized transportation service for children

About HopSkipDrive

Simplify's Rating
Why HopSkipDrive is rated
B+
Rated A on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Automotive & Transportation

Enterprise Software

Company Size

201-500

Company Stage

Series D

Total Funding

$107M

Headquarters

Los Angeles, California

Founded

2014

Overview

HopSkipDrive offers a transportation service focused on safely and reliably transporting children for families, schools, and social service agencies in the United States. The service utilizes a network of vetted CareDrivers who undergo background checks and training, allowing them to provide rides while setting their own hours. Revenue comes from service fees paid by clients, and the company stands out by prioritizing child safety and well-being in its mission-driven approach. By partnering with schools and social services, HopSkipDrive addresses the logistical challenges of child transportation.

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Simplify's Take

What believers are saying

  • Expansion into Kansas City and Atlanta indicates strategic growth and increased revenue potential.
  • Partnerships with school districts enhance reputation and reliability in the education sector.
  • Experienced leaders like Dave Lissy strengthen leadership and drive innovation.

What critics are saying

  • Competition from Kango in California and Arizona may impact market share.
  • Expansion into new markets may strain resources and affect service quality.
  • Reliance on school district partnerships makes revenue vulnerable to budget changes.

What makes HopSkipDrive unique

  • HopSkipDrive focuses on safe, reliable child transportation, unlike traditional rideshare services.
  • The company partners with over 400 school districts, enhancing its educational sector credibility.
  • HopSkipDrive's vetted CareDrivers undergo extensive background checks, ensuring child safety.

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Funding

Total Funding

$107M

Below

Industry Average

Funded Over

6 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Below Average

Industry standards

$77M
$37M
HopSkipDrive
$50M
Hello Fresh
$70M
Twilio
$80M
Handshake
$100M
Affirm

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Company Equity

Stock Options

Health Savings Account/Flexible Spending Account

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

2%

2 year growth

1%
The Transport Data
Apr 11th, 2025
HopSkipDrive Welcomes Dave Lissy to Board of Directors

HopSkipDrive, a technology company solving complex transportation challenges where there is a heightened need for safety, access, and care, today announced the appointment of Dave Lissy to its Board of Directors.

Business Wire
Jan 21st, 2025
HopSkipDrive Plans to Expand Service to Kansas City, KS

In Kansas City, HopSkipDrive has partnered with schools, including Basehor-Linwood Unified School District and Leavenworth Unified School District to offer a flexible solution for students.

Newsweek
Dec 16th, 2024
Parents Turning to Ride-Hailing Apps for Kids as Schools Cut Bus Service

Kango, a competitor to HopSkipDrive that operates in California and Arizona, blends traditional ride share with enhanced responsibilities, such as escorting children with disabilities to school.

K-12 Dive
Dec 16th, 2024
Marketplace Leader Sandra Dainora Petersen Joins HopSkipDrive as Senior Vice President of Product

HopSkipDrive, a technology company solving complex transportation challenges where there is a heightened need for safety, equity, and care, today announced the addition of Sandra Dainora Petersen as Senior Vice President of Product.

PR Newswire
Dec 12th, 2024
Jesse Draper'S Halogen Ventures Partners With Innovate Alabama To Invest $10 Million In Female Founders In Alabama

Calling all of the best female founders, CEOs and tech minds in Alabama LOS ANGELES, Dec. 11, 2024 /PRNewswire/ -- Halogen Ventures, Jesse Draper's venture capital fund focused on early stage startups with a woman on the founding team, is announcing today a ten million dollar investment to build the pipeline of female founders in Alabama. Halogen is the first out-of- state venture capital firm to receive funding from Innovate Alabama, a statewide public-private partnership dedicated to advancing entrepreneurship, technology, and innovation in Alabama. The investment is through InvestAL, Innovate Alabama's venture capital program made possible by the State Small Business Credit Initiative, and will catalyze Halogen's growing impact on the Alabama startup ecosystem, specifically supporting female founders tackling global problems

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