State Farm Ventures backed a round that will help HopSkipDrive expand across the US and add safety features to its children's ride-sharing service.
HopSkipDrive, a US-based ride-sharing service catered to children, has collected $22m from investors including State Farm Ventures, the corporate venturing vehicle for insurance provider State Farm.
The round also featured investment advisory firm Cyrus Capital Partners, venture capital firms FirstMark Capital and Greycroft, private investor Denis Gallagher and undisclosed additional participants.
Founded in 2014, HopSkipDrive offers an app and web-based platform that lets schools, parents and caregivers schedule transport for children. Its drivers are vetted and receive up to $32…
