Uber for Kids
Dec 09, 2023
Dec 09, 2023
- 585% YoY growth (Q3 2023 vs. Q3 2022).
- 96% of customers book at least 2 rides.
- Revenue-generating, operating in 8 states (CT, VA, PA, TX, AZ, NC, NE, FL)
- $2.3M capital raised previously, from Tusk VenturTX, e Partners, Harry Campbell (The Rideshare Guy).
Kidcaboo is a fam-tech company, whose modern transportation solution kids uses two self-developed apps and safety-enhancing technology, to match heavily-vetted, trained Driving Nannies, with busy, working families who need a boost to make daily life work for both parents and kids! Kidcaboo was founded by a mom who left a career she loved when she couldn't find someone to drive her children to school and activities. Her intention is to help level the career playing field for other working moms.
Based on numbers that are well-tested, researched and proven through extensive beta periods, Im confident projecting that Kidcaboo will be in ~30-40 markets, over 12 or more US states. We should be nearing 1B in annual revenue, doing a very attainable, few hundred drives daily in each of those markets. It is possible we will have exceeded those drive numbers and, therefore, that projected revenue. Barring something unexpected, I imagine we will be preparing for an exit.