Kid-friendly ride-sharing service HopSkipDrive raises $10.2 million

HopSkipDrive raises 10 million dollars

HopSkipDrive has raised $10.2 million in a new funding round and the company has hired a former Uber GM to help scale the business.

HopeSkipDrive is a kid-friendly ride service used to shuttle around children between the ages of 7 to 17. Uber, Lyft, and other competitors do not allow passengers under 18-years-old to catch a ride unless accompanied by an adult.

Parents can schedule rides for their children up to two weeks in advance — or with just eight hours notice.

The company has launched in Souther California and has 500 drivers as part of its growing network.

Every driver must first pass a 15-point certification process, including fingerprinting, vehicle inspections, monthly DMV checks, references verification, and social security checks.

99% of drivers are women and all of the company’s drivers are contract workers.

The company says many of its contracted drivers are stay-at-home moms and nannies who drive in their free time.

Drivers don’t just drop off kids, they also escort them into school or an event.

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Customers pay $20 per ride with ride packs offering a discount for multiple purchases at one time.

Children are not required to have a cell phone to use the service, instead they can give the driver a passcode to ensure they are hopping in the right vehicle.

HopSkipDrive last raised $3.9 million in July.

The company has not revealed how it plans to spend its new $10.2 million funding round.

Eyal Gutentag, Uber’s former GM of Los Angeles, has joined HopSkipDrive as chief operations officer.

Written by Peter Mondrose

Peter Mondrose

Peter Mondrose is the Editor-In-Chief at BusinessPundit. He received his degree in Economics in 1998 and a second degree in Journalism in 2004. He has served as a financial adviser, market trader, and freelance journalist for the last 11 years. When he's not investigating market conditions and reporting on workplace news, he can be found traveling with his wife, dog, and laptop. He can be reached at PeterMondrose@BusinessPundit.com or (929) 265-0240.