Kidcaboo

Uber for Kids

Company Information

Website:

https://www.kidcaboo.com/

Sector:

Transportation Services

Location:

New York, NY

There are fifty-three million kids in America. And parents spend nearly fifty hours a month shuttling them from place to place.

That’s why Kidcaboo was created. Just as Uber enables rideshares for adults, Kidcaboo offers mobility solutions for kids ages five to seventeen.

This company was created with safety in mind. Eligible drivers are vetted “driving nannies,” and the company relies on features including real-time dash cams, driver monitoring systems, and accident prediction tools to keep kids safe. Kidcaboo is fully insured, licensed, and compliant as a transportation network company.

Kidcaboo operates in four states, with plans to expand to twelve by 2023. It has a ninety-six percent repeat client rate. Notably, this company has a partnership with Tusk Holdings’ Pericles Program, an advisory program that guided Uber and insurance startup Lemonade in their early stages.

Team Background

Rebecca Lock - Founder & CEO
Shuri Alarcon - Chief Operating Officer
Ali Ispahany - Chief Technology Officer
Raising
$1.07 million
Committed
$338K (32%)
Current Valuation
$12 million Cap / 0% Discount
Min. Investment
$100
Deal Type
Title III
(For all investors)
Offering Type
SAFE
Finance History
  • $750K
    2021-12-01
    Unknown
    (SAFE)
  • $250K
    2021-04-01
    Unknown
    (Priced Round)
Learn more on WeFunder