Connected car consolidation, as Urgently acquires Otonomo in reverse merger
Otonomo, a connected automotive company that has seen its stock price plummet since going public in 2021, has announced that it is coming together with Urgently, a roadside assistance tech provider, in a reverse merger. The two are combining in an all-share deal that will see Urgently shareholders take 67% of the company and Otonomo shareholders take 33%. The stock, which had traded under OTMO on Nasdaq, will now trade under the ULY ticker.
February 10, 2023
Colorado Springs School District 11 hires rideshare company, HopSkipDrive to combat bus driver shortage
School has been back in session for a couple of months, but hiring bus drivers is still a problem in Colorado and locally.
District 11 in Colorado Springs is trying to combat the issue by hiring a third-party rideshare service to bring kids to and from school. The company is called HopSkipDrive and specializes in transporting children.
October 10, 2022
How HopSkipDrive will use $37M in funding to modernize school transportation
Today, we announced that we raised $37M in Series D funding from Energy Impact Partners, Keyframe Capital, FirstMark Capital, Alumni Ventures, Transform Capital, Upfront Ventures, Gingerbread, 1843, Artemis Fund, 1776, Halogen Ventures, Cap Table Coalition and others who believe in our mission. This capital enables us to help even more kids, families and schools as we pursue our mission of creating opportunity for all through mobility.
September 13, 2022
40 Under 40 Class of 2022: Hello Heart's Maayan Cohen
This year’s 40 under 40 event honors the rising entrepreneurs, influencers, creators, and executives that have shaped the bay area —and are paving the way for what comes next. Hello Heart's Maayan Cohen is chosen as Silicon Valley Business Journal 2022 40 Under 40 honoree.
Silicon Valley Business Journal
August 11, 2022
Investing platform Yieldstreet nabs $400m credit facility
Direct-to-consumer investing platform Yieldstreet has closed a $400m credit facility from Monroe Capital. This is the largest financing Yieldstreet has raised to date and for any alternative investment platform in the industry, it claimed. This capital will help it scale over the coming years.
August 10, 2022