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Venture Capital News: Zum Lands $140M Series E Funding Round

2024-01-31
REDWOOD CITY, CA, Zum, the leading provider of modern student transportation, announced a $140 million Series E funding round.
Zum, the leading provider of modern student transportation, announced a $140 million Series E funding round. This new funding round was led by GIC, a leading global investment firm. Climate Investment, a decarbonization investor, and existing investors including Sequoia and SoftBank Vision Fund 2 also participated in the round, elevating the company's valuation to $1.3 billion-a significant increase from its previous series D raise in Oct 2021. This round brings Zum's total fundraise to $350 million.
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