Kango, a San Francisco, CA-based app-based rideshare and childcare service for families, raised $3.6m in Series A funding.
The round was led by a strategic investment from National Express, a transportation firm which operates a fleet of more than 25,000 vehicles, that includes serving 600 school districts in 30 states, and transporting 1.2 million students on a daily basis. As part of the funding agreement, David A. Duke from National Express is joining Kango’s board.
The company intends to use the funds to accelerate its growth strategy.
Founded in 2012 by CEO Sara Schaer and CTO Kaliyuga Sivakumar, Kango is an app-based rideshare and childcare service for families, providing rides to get kids wherever they need to go, throughout California. Additionally, the company partners directly with schools, camps and other youth organizations to safely shuttle children within those groups to designated activities.
Kango has a rigorous screening and in-person interview process for all drivers and childcare providers. The process includes multiple background checks, DMV record checks, employer reference checks, vehicle inspections, fingerprinting and TrustLine caregiver certification.
Currently available in the San Francisco Bay Area and the Greater Los Angeles metropolitan area, the company plans to grow operations and expand geographically across the country.
FinSMEs
14/06/2019