Zum Raises $5.5 Million

Transportation startup Zūm announced the completion of $5.5 million in Series A financing led by Sequoia Capital.

Zūm is a trusted way for parents to get scheduled and on-demand rides and care for their kids aged 5 and up. The company is building a network of highly vetted drivers with caregiving backgrounds. Parents are able to live-track their services on a map, get details about drivers upfront, and bundle rides and services together for peace of mind.

The company revealed that the capital will support Zūm’s continued product and market expansion, as well as the development of strategic partnerships and initiatives.