TPG has invested $100m in Zum, valuing the US student transportation and mobility company at approximately $1.7 billion. The investment, through TPG’s Rise Funds impact investing platform, increases Zum’s total capital raised to around $430m, according to a report by Reuters.
The valuation represents a step up from its 2024 Series E round, when the company was valued at $1.3bn.
Founded in 2016, Zum provides software and services designed to modernise school transportation in the US, including ro...
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