New convenient ridesharing service for kids rolls out in Houston

ridesharing for kids

The new service rolling out in Houston is part Uber for kids, part carpool. Photo courtesy of HopSkipDrive

Living in Houston is great, but it does present some challenges — especially for busy families. Imagine this scenario: it's Tuesday morning, Mom has an early office meeting, Dad has to fly out of IAH on business, and three kids have to be transported to two different schools ... and it all has to happen before 8 am.

That scene probably plays closer to reality for many Bayou City parents. Add into it the regular crush of our city's congestion and it's enough for anyone to lose their mind.

Enter HopSkipDrive. Part Uber, part carpool the service just launched in Houston, billing itself as a safe an innovative transportation solution for both families and schools. It's already working with more than 170 schools and districts nationwide in cities in Arizona, California, Colorado, and Virginia, as well as Washington, D.C.

The company provides transit solutions for students of all levels and abilities who may have different schedules from day-to-day, as well as youth in foster care and families whose school choice placements don't fit neatly into a bus routing plan.

The system works similarly to other ride shares. Parents download the HopSkipDrive app or use the company's website to request rides for children who are at least six years old. Parents can customize ride instructions with notes about carpool line, pickup and drop-off procedures, and other details. Before the ride, parents receive a photo profile of their CareDriver, which they can share with their child and their school. During the ride, parents receive progress alerts at each step.

If all that has alarm bells going off in parents' and educators' heads, HopSkipDrive understands, and the company assures them it has a rigorous screening procedure for its drivers. Every CareDriver has at least five years of care-giving experience and has passed a 15-point certification process.

This certification is a stringent vetting process, including fingerprinting, background checks using FBI and Department of Justice database searches, driving record checks, and in-person meetings. Drivers must own or lease a four-door vehicle that is not more than 10 years old that can seat between four and seven passengers, and must pass a yearly 19-point inspection.

In addition, parents can get live text notifications during their child's ride, HopSkipDrive's Safe Ride Support (SRS) is the only U.S.-based team in the industry that monitors every ride in real time. Staffed with former 911 operators, EMTs, childcare specialists, and parents, SRS ensures every rider is delivered safely to their destination.

"As a working mother of two, I understand how challenging it is to balance your children's ever-changing daily schedules with workplace demands," says Joanna McFarland, the company's founder and CEO in a press release that announced the company's Houston launch. "Parents shouldn't have to choose between their careers and their children's education and activities, but that tough choice is very real for countless families. HopSkipDrive wants parents to take comfort in knowing they have a caregiver to rely on to get their kids where they need to go, safely and without worry. We're thrilled to arrive in the Greater Houston Area to answer the transportation needs of many students, families and schools."

And individual schools or school districts can also partner with the ride share service for their student transportation needs.

"HopSkipDrive is not only 60 percent less expensive than our previous car service solution, but far more reliable," says Mike Hush, director of transportation with Littleton Public Schools in Colorado. "We had worked with HopSkipDrive for only a few weeks before we quadrupled the number of students riding with CareDrivers."

The company touts itself as both an asset and a success in cities around the country. With its working-mom founding team, heightened approach to safety, and real-time technology approach, HopSkipDrive could provide a valuable service for Houston's busy working families.

------

This article originally ran on CultureMap.

Ad Placement 300x100

Ad Placement 300x600

CultureMap Emails are Awesome

Property Showcase

Houston investor on why 2025 will be the year of exits

houston innovators podcast episode 270

Samantha Lewis will be the first to admit that the past few years have been tough on startups and venture capital investors alike. However, as she explains on the Houston Innovators Podcast, the new year is expected to look very different.

"We're super excited going into 2025," says Lewis, who is a partner at Houston-based VC firm Mercury. "For us, 2024 was a year of laying a lot of groundwork for what we believe is going to be a massive year of startup exits and liquidity for the venture ecosystem. We've been hard at work making sure our companies are prepared for that."

Mercury, in fact, has already gotten a taste, with three of its portfolio companies celebrating exits — all with Houston roots. Fintech platform Brassica was acquired by BitGo in February, and Apparatus, founded as Topl in Houston, was acquired early last year. The third deal has yet to be announced publicly.

And it's just getting started, Lewis says. She explains that all of the companies in Mercury's portfolio that are promising — albeit not break-out, to-be-billion-dollar companies — are going to have opportunities to sell in 2025 and 2026.

"What we've started to do — and I encourage everyone to do this if you're working on a startup — is just start to just engage with strategic buyers, investment bankers, and people you think might be a great fit to buy your company," Lewis says, "because we really think that the next few years will be the best liquidity years we've seen in a really long time. And if you're not ready for it, you're going to miss the boat."

In addition to sharing her advice to get "exit preparedness," Lewis explains some specific tech trends she's keeping an eye on in Mercury's "power theme," which she works on directly. This encompasses fintech, blockchain, web3 and more.

Houston private equity firm beats target on first investment fund

fresh funds

Houston-based private equity firm Sallyport has raised $160 million for its first investment fund, exceeding the target amount by $10 million.

The Sallyport Partners Fund focuses primarily on investments in founder- and family-owned businesses, corporate carve-outs and startups in various industries.

The firm’s chairman, Doug Foshee, seeded the fund. He and managing partners Kyle Bethancourt and Ryan Howard started the firm in 2023.

“Sallyport Partners Fund was created to utilize the proven processes our team has developed over time to generate value for like-minded investors on a larger and more impactful scale,” Foshee says in a news release.

Investors in the Sallyport fund include entrepreneurs, business executives and influential Texas families. Aside from Foshee, names of the fund’s investors weren’t disclosed.

“We are deeply committed to working hand-in-hand with management teams to drive transformative growth and generate long-term value,” says Bethancourt. “Our operational capabilities are forged from decades of firsthand experience leading, investing in, and building thriving businesses from the ground up. We have a unique appreciation for the management team’s perspective because we’ve been in their shoes.”

Those shoes have covered some pretty impressive ground:

Foshee is former chairman, president, and CEO of Houston-based El Paso Corp., which owned and operated a 44,000-mile natural gas pipeline network. In 2012, El Paso merged with Houston-based pipeline company Kinder Morgan in a multibillion-dollar deal.
Before Sallyport, Bethancourt was a vice president in the credit division of Blackstone, an investment powerhouse with more than $1 trillion in assets under management. Earlier, he worked at D.E. Shaw & Co., a New York City-based hedge fund with more than $65 billion in assets under management.
Before Sallyport, Howard worked at Platform Partners, a Houston-based private equity firm. Earlier, he worked for the natural resources arm of investment banking giant Goldman Sachs.

Houston university students earn top honors at global energy-poverty competition

Winner, winner

A student-led team from the University of Houston and Texas A&M University took home top prizes at last month's Switch Energy Alliance Case Competition.

Competing virtually against 145 teams from 34 countries, the students, known as The Dream Team, won third place for their plan to address energy poverty in Egypt and Turkey. They were awarded $5,000 in prize money.

The competition challenges student teams to solve real-world energy problems to "drive progress towards a sustainable and equitable energy future," according to the Switch competition's website.

“The Switch competition tackles major issues that we often don’t think about on a daily basis in the United States, so it is a really interesting and tough challenge to solve,” Sarah Grace Kimberly, a senior finance major at UH and member of the team, said in a statement from the university

Kimberly was joined by Pranjal Sheth, a fellow senior finance major at UH, and Nathan Hazlett, a finance graduate student at TAMU with a bachelor’s degree in petroleum engineering.

The Dream Team developed a 10-year plan to address Egypt and Turkey's energy poverty that would create 200,000 jobs, reduce energy costs and improve energy access in rural areas. Its major components included:

Developing rooftop and utility-scale solar farms and solar canopies over irrigation canals
Expanding wind power capacity by taking advantage of high wind speeds in the Gulf of Suez and Western Desert
Deploying cost-efficient technologies along the Nile for rural electrification

“People in the United States should be extremely thankful for the infrastructure and systems that allow us to thrive with power, food and water,” Sheth said in the statement. “Texas went through Winter Storm Uri in 2021—people were without electricity for weeks, and lives were lost. It still comes up in conversations, but certain regions of the world, developing nations, live that experience almost every day. We need to make that a larger part of the conversation and work to help them.”

Team Quwa, a team of four students from the University of Texas at Austin, took home second place and $7,000 in prize money.

“This journey was both intellectually enriching and personally fulfilling,” Mohamed Awad, a PhD candidate at the Hildebrand Department of Petroleum and Geosystems Engineering, said in a statement from UT. “Through the case competition, we had an opportunity to contribute meaningful ideas to address a critical global issue.”

Team Energy Nexus from India earned the top prize and took home $10,000, according to a release from Switch.

Switch Energy Alliance is an Austin-based non-profit that's focused on energy education. The Switch competition began in 2020. Teams of three to four students create a presentation and 15-minute video. The top five teams present their case studies live and answer questions before a panel of judges.

More than 3,200 students from 55 countries have competed over the years. Click here to watch the 2024 final round.