Student rideshare service HopSkipDrive raises $25M to expand and invest in electrification

Students around the country are about to return to school after the summer holiday, and they’re doing so at a time when both coronavirus transmission and the effects of climate change are mounting. Last year, HopSkipDrive, a rideshare platform for kids, had to let go much of its staff amid school lockdowns. Now, the company is betting that demand for its rideshare service will increase as parents send their kids back to school. To help fund that growth and expand into 30 new markets over the next year and a half, HopSkipRide raised $25 million in a Series C.

“We are also continuing to invest in our route optimization

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