{"data":{"type":"company_profile","id":111459,"entity_id":"wefunder:company:111459","attributes":{"canonical_url":"https://wefunder.com/kidcaboo","generated_at":"2026-06-16T17:46:26Z","updated_at":"2026-06-16T05:02:47Z","entity_ids":{"company":"wefunder:company:111459","slug":"wefunder:company_slug:kidcaboo"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-16T17:46:26Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-16T05:02:47Z","as_of":"2026-06-16T17:46:26Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-16T05:02:47Z","as_of":"2026-06-16T17:46:26Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-16T17:46:26Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-06T01:17:55Z","as_of":"2026-06-16T17:46:26Z","confidence":"medium"}}},"company":{"id":111459,"entity_id":"wefunder:company:111459","slug":"kidcaboo","name":"Kidcaboo","tagline":"Uber for Kids","elevator_pitch":"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.","story":"PROBLEMFor working parents, the impact of this problem has had devastating implications, including divorce, early or forced retirement, stress in the household and at work, an impact upon job performance and growth opportunities, lost wages and more. The effects are especially devastating for working moms, and this problem has only been exacerbated by COVID. In fact, a stunning 43% of highly qualified women with children leave their careers or take a career break due to daily childcare responsibilities. Over time, this contributes significantly to gender inequality, pay gaps, missed promotions, and long-term financial impact. The impact of the day-to-day childcare transport responsibilities that fall on, largely speaking, women, are now understood to have set working moms back decades.\u0026nbsp;Not all families can afford nannies, and school-provided transportation options, if available, lack flexibility. Other children's transportation options have opted to operate B2B in most areas and are largely tied to school-district based geographies and schedules, making them unavailable options to most interested working parents nationwide.With a lack of choice, some parents today are even forced to depend on Uber or Lyft to transport their children from schools and extracurricular activities, even though these traditional ride-sharing companies not only have policies against minors traveling alone, in most cases*, but also are simply Just Not Safe.**In 2017, Uber piloted a program to allow some teens in a limited number of selected areas to schedule Uber rides. The pilot program was quickly shuttered due to safety issues. Please see article below. They have recently attempted to try this again, citing the enormous demand for rides amongst teens and youth as a rationale for attempting to retry the program. Uber has not and does not plan to change their safety and driver-vetting process, and several other factors, we consider critical for such a program. Whether this effort is successful or not, we do not expect Kidcaboo's clientele to be affected. It appears that in the areas Uber is offering this program to select teens ages 13-17, parents will allow only teens who are generally larger, mostly male and strong, and appear older, to use Uber. This was the case even before the official program launched. ARTICLE: https://www.vox.com/the-goods/2019/9/9/20853328/underage-teens-uber-lyftWith few, if any, options, though, most working parents are left to transport their children to and from school and activities themselves, while also working. A personal experience with this problem is at the heart of Kidcaboo.THE KIDCABOO SOLUTIONAfter years of fine-tuning and testing our operations, Kidcaboo officially launched in Texas in mid-2022, seeing incredible growth over our first year in the state.Designed by a mom for other working parents, Kidcaboo became an instant hit!Adoption of our well-designed mobility solution for school-age kids that allows parents to be present at and focus on work, during work hours, has taken off. Overwhelming, word-of-mouth-driven demand has quickly gone nationwide, all with no marketing dollars spent.Since mid-2022, we've expanded across eight states, with many more in the works!In 2019, after taking three years away from work to have and be at home with her two children, Rebecca Lock was ready to return to her fifteen-year, well-paying career as a reality and documentary TV producer. With her children both now headed to school, the timing seemed perfect. Despite an exhaustive search and well-paying offer, Rebecca had to turn down the job, since she couldn’t find someone to drive her children the short distance to and from school and their other after-school activities. She knew in her heart that, in doing so, she was also losing a likely last chance to return to the \"young person's\" career, in which job opportunities were rare. It was a career she loved and counted on for her family's financial future. Devastated and scared, Rebecca became determined to ensure no other moms go through what she did.After initial research within her community and then nationwide, Rebecca realized the pressure on families to drive children around was deep-rooted and without any solution. Working parents cannot be in two places at once. So, in almost all cases, a sacrifice was required, either a parent's job was compromised or lost, or a child had to drop a beloved enrichment activity. The demand for a solution was enormous, and the market -- almost fully unmet. To understand the needs and gaps in mobility solutions for children, Rebecca jumped in at the deep end. She drove young children from 6 AM until late at night, often with her kids in tow. She interacted with families to get a picture of what parents expect from kids’ car services. Most importantly, she realized a vast and untapped opportunity, with huge national demand and need, was staring right back at her.\u0026nbsp;Within a few months, Rebecca had completed 800 rides, driven 10,000+ miles, and worked with 80+ families! With a strong grasp of the problem, it was now time for a SOLUTION.Bringing in key partners along the way, an idea moved to reality over four years of full-time, daily work and wide-scale beta periods.The result? Kidcaboo.Kidcaboo is a rideshare for children, which utilizes cutting edge technology, a stringent ride monitoring system, heavily vetted and trained driving nannies, proprietary user communication channels, and other well-honed policies and procedures, developed over years, to guarantee peace of mind or parents and the utmost safety of our drivers and passengers.At the heart of our operations are two self-developed Kidcaboo apps - one for drivers, one for parents - and an extensive back office, which offers Kidcaboo the ability to monitor rides, track our drivers to ensure timeliness and much more.Our drivers are fully background checked, heavily vetted, pass an interview with Kidcaboo's Driving Nanny Hiring Team, must have childcare experience and are trained by and remain in regular contact with Kidcaboo's Driving Nanny Operations Team.We're so proud to have completed thousands of rides safely across many states!And we’re thrilled to have seen the incredible impact our solution has had for parents, especially working moms.Kidcaboo and our Driving Nannies quickly proved to be a tried, trusted, proven, flexible, safe and reliable solution.As a result, repeat users, over years of beta and now active operations, scheduled regular rides, often for a whole year. Almost all returned year-after-year.LOOKING FORWARDEntry barriers to the children's transportation space are increasingly sky high. Kidcaboo has obtained exhaustive, difficult to secure insurance policies, which are a key competitive advantage and key entry barrier to competition.Our indirect competitors include traditional rideshares designed for adults, school transportation companies, and B2B children rideshare options. Unlike school-connected, indirect competitors in the children's transportation space, Kidcaboo's unique B2C operations scales rapidly within and across states.We anticipate being in around ten states or more by the end of 2023 and plan to grow nationwide from there. Given the enormity of our market, which is largely unmet, Kidcaboo could thrive even with competition in any one area, due to enormous and growing demand.With an enormous, almost fully unmet market, we anticipate adoption and growth to continue exponentially over the next several years and are excited to explore all options regarding Kidcaboo's future as they increasingly are presented.We have raised ~$2.3M, including $379K from Wefunder investors prior to our full launch, and from other unrelated investors. Most of this early private investment comes from industry insiders, such as Harry Campbell, the Rideshare Guy, one of the foremost, relied-upon experts in the rideshare industry, prominent investment groups, like She's Independent, and professional investors working at VC funds, who come with incredible connections to support future raises.We also have a game-changing partnership with Tusk Holdings’ Pericles Group, the group that was pivotal in supporting and growing early Uber and other new model companies, such as Lemonade and FanDuel. Interested in getting into the childcare and children's transportation space, this industry-insider group opted to work with Kidcaboo over others in the space when having that choice.We appreciate your time and consideration of this mission and opportunity and hope you'll join us on this journey to change the lives of families today. Thank you.\u0026nbsp;Our Greatest Appreciation,\u0026nbsp;THE KIDCABOO TEAM","location":"New York","website":"https://www.kidcaboo.com","total_amount_raised":445785,"total_investors":264,"is_funded":true,"is_active":true,"quality_score":3,"related_urls":["https://wefunder.com/kidcaboo","https://www.kidcaboo.com"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/111459/xxl_cropped_Rebecca_Lock_Kidcaboo__29_of_47_.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/111459/large_cropped_Screen_Shot_2022-03-01_at_12.19.52_PM.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/111459/standard_cropped_Rebecca_Lock_Kidcaboo__29_of_47_.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/111459/standard_cropped_Rebecca_Lock_Kidcaboo__29_of_47_.jpg","profile_video_url":"https://wefunder.wistia.com/medias/5s9yt7tkcx"},"links":{"company_url":"https://www.kidcaboo.com","linkedin_url":"https://linkedin.com/company/kidcaboo","facebook_url":"https://www.facebook.com/kidcaboo","instagram_url":"https://www.instagram.com/kidcaboo","youtube_url":"https://m.youtube.com/watch?feature=youtu.be\u0026fbclid=IwAR2mneRlDbdcsjD7IAHATyOUg6rbdp7MoCjIWeVigw7-xk2nDcBtD6DTduY_aem_AU2VgV0zOOyrENie4ihjtjXpmsX8amcAx_PjFYPpmmDYl6u6Akwr9kzr9M4HUj5i30k\u0026v=3PRRk2KoT2U\u0026t=1214\u0026mibextid=Zxz2cZ#bottom-sheet"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"585% YoY growth (Q3 2023 vs. Q3 2022)."},{"index":2,"claim_id":"claim-fact-2","value":"\u0026gt;$500K Revenue since Fall 2022 operational launch"},{"index":3,"claim_id":"claim-fact-3","value":"Revenue-generating, operating in 8 states (CT, VA, PA, TX, AZ, NC, NE, FL); More states in progress"},{"index":4,"claim_id":"claim-fact-4","value":"VC-backed; \u0026gt;$2.5M raised previously, from Tusk Venture Partners, Harry Campbell"},{"index":5,"claim_id":"claim-fact-5","value":"96% of customers book at least 2 rides."},{"index":6,"claim_id":"claim-fact-6","value":"$173B TAM; 53M children in the US alone."},{"index":7,"claim_id":"claim-fact-7","value":"Very little B2C competition."},{"index":8,"claim_id":"claim-fact-8","value":"Multiple state launches impending"}],"team":[{"id":2553076,"entity_id":"wefunder:company_role:2553076","user_entity_id":"wefunder:user:260674","role":"founder","name":"Rebecca Lock","title":"Founder/CEO of Kidcaboo Holdings, Inc","bio":"My children","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2553076/square_cropped_Screen_Shot_2022-03-01_at_12.43.36_PM.jpg?1713795077","profile_url":"https://wefunder.com/rebeccalock1","linkedin_url":"https://www.linkedin.com/in/rebecca-lock-kidcaboo/","related_urls":["https://wefunder.com/rebeccalock1"]},{"id":2556920,"entity_id":"wefunder:company_role:2556920","role":"founder","name":"Brittany Labrincha","title":"Co-founder/Vice President of Kidcaboo Holdings, Inc","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/2556920/square_blob.jpg?1713829639","linkedin_url":"https://www.linkedin.com/in/brittany-labrincha-806246191/","related_urls":[]}],"featured_investors":[{"id":3674,"entity_id":"wefunder:company_investor_profile:3674","investor_profile_id":3635220,"investor_profile_entity_id":"wefunder:investor_profile:3635220","subject_entity_id":"wefunder:notable_investor:9148","name":"Harry Campbell","avatar_url":"https://uploads.wefunder.com/2021/user_default_icon_circle.png","profile_url":"https://wefunder.com/harry.campbell","is_lead_investor":false,"related_urls":["https://wefunder.com/harry.campbell"]},{"id":3719,"entity_id":"wefunder:company_investor_profile:3719","investor_profile_id":3634420,"investor_profile_entity_id":"wefunder:investor_profile:3634420","subject_entity_id":"wefunder:notable_investor:3200","name":"Tusk Venture Partners","avatar_url":"https://uploads.wefunder.com/2021/user_default_icon_circle.png","profile_url":"https://wefunder.com/tusk.venture.partners","is_lead_investor":false,"related_urls":["https://wefunder.com/tusk.venture.partners"]},{"id":4520,"entity_id":"wefunder:company_investor_profile:4520","investor_profile_id":850562,"investor_profile_entity_id":"wefunder:investor_profile:850562","subject_entity_id":"wefunder:user:1315769","name":"Harry Campbell","bio":"I’m Harry, the owner and founder of The Rideshare Guy.","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/1315769/medium_cropped_Headshot_Cropped_2.jpg","profile_url":"https://wefunder.com/therideshareguy","endorsement_quote":"I've been covering the rideshare industry for almost 10 years and the 'Uber for kids' niche has always been a huge opportunity in my mind. Rebecca and the team at Kidcaboo are in a perfect position to dominate this category and expand their presence across the nation. Kidcaboo has shown that they have what it takes when it comes to fundraising, operations and product to lead the charge. I'm excited to be lead investor for this round and help them continue on their mission!","investment_total":10000,"investment_info":"Invested $5,000 this round \u0026 $5,000 previously","is_lead_investor":true,"related_urls":["https://wefunder.com/therideshareguy"]}],"investor_memos":[],"tab_counts":{"posts":39,"ask_questions":22,"featured_investors":3,"faq_entries":5},"active_fundraises":[{"id":95052,"entity_id":"wefunder:fundraise:95052","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":250,"max_purchase":9,"funding_target":39000.0,"minimum_target":"39000.0","maximum_target":"618000.0","funding_started_at":"2023-08-26T01:01:18Z","funding_closed_at":"2024-04-30T04:04:32Z","auto_close_at":"2024-04-30T03:59:59Z"},{"id":95053,"entity_id":"wefunder:fundraise:95053","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"","currency":"USD","testing_the_waters":true,"min_purchase":250,"max_purchase":9,"funding_target":618000.0,"minimum_target":"39000.0","maximum_target":"618000.0","funding_started_at":"2023-08-25T17:33:07Z"},{"id":60350,"entity_id":"wefunder:fundraise:60350","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":618000.0,"minimum_target":"50000.0","maximum_target":"618000.0","funding_started_at":"2022-04-19T23:26:15Z","funding_closed_at":"2022-08-24T04:02:13Z","auto_close_at":"2022-08-24T03:59:59Z"},{"id":60351,"entity_id":"wefunder:fundraise:60351","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"ttw","security_type":"equity","currency":"USD","testing_the_waters":true,"min_purchase":100,"max_purchase":9,"funding_target":618000.0,"minimum_target":"50000.0","maximum_target":"618000.0","funding_started_at":"2022-03-28T21:53:13Z"}],"latest_fundraise":{"id":95052,"entity_id":"wefunder:fundraise:95052","state":"successful","offering_type":"4(a)(6)","structure":"safe","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2023-08-26T01:01:18Z","funding_closed_at":"2024-04-30T04:04:32Z","terms":{"eb":null,"nb":"$12M","txt":"valuation cap"}},"recent_posts":[{"id":173077,"entity_id":"wefunder:feed_item:173077","type":"FeedItem::Update","visibility":"public","title":"FINAL DAY TO INVEST IN KIDCABOO","preview":"Dear friends, family and Kidcaboo supporters,\u0026nbsp;\u0026nbsp;I hope this finds you all well.\u0026nbsp;\u0026nbsp;As many of you know, over the past five and half years, my colleagues and I have been building Kidcaboo, a rideshare for children intended to help busy families and to level the career playing field, especially, for working moms.\u0026nbsp;\u0026nbsp;After three and a half years of expansive and extensive testing, and tech and ops development, we officially launched in TX in late 2022. Since that time, w...","published_at":"2024-04-29T15:50:25Z","author_name":"Rebecca Lock","url":"/feed/173077","canonical_url":"https://wefunder.com/feed/173077"},{"id":172966,"entity_id":"wefunder:feed_item:172966","type":"FeedItem::Update","visibility":"public","title":"KIDCABOO'S ROUND CLOSES IN 3 DAYS! INVEST NOW!","preview":"JOIN US, THE ONLY NATIONALLY EXPANDING B2C RIDESHARE DESIGNED TO MEET ALL MODERN, BUSY FAMILY NEEDS, AS WE EXPAND OUR TECH AND OPS FROM EIGHT STATES ACROSS THE COUNTRY. OUR PROJECTED VALUATION IN OUR UPCOMING PRICED ROUND (AFTER THIS ROUND) IS SOMETHING WE AND ALL INVESTORS CAN BE PROUD OF AND EXCITED ABOUT! A BIT ABOUT US: KidcabooUber for Kids585% YoY growth (Q3 2023 vs. Q3 2022).\u003e$500K Revenue since operational launch in Fall 2022.\u0026nbsp;Insured, permitted~10,000 rides safely completed in b...","published_at":"2024-04-26T18:15:26Z","author_name":"Rebecca Lock","url":"/feed/172966","canonical_url":"https://wefunder.com/feed/172966"},{"id":171122,"entity_id":"wefunder:feed_item:171122","type":"FeedItem::Update","visibility":"public","title":"Meet Some Kidcaboo's Team!","preview":"Wefunder Investors, As we begin this exciting new growth phase of our company and tech, we are proud to introduce you to some of our team's leadership in the attached video. Please reach out with any questions regarding this investment opportunity. We look forward to your partnership and are grateful for your continued support. Best Always, Rebecca Lock (RLOCK@KIDCABOO.COM)","published_at":"2024-03-14T23:05:03Z","author_name":"Rebecca Lock","url":"/feed/171122","canonical_url":"https://wefunder.com/feed/171122"},{"id":171115,"entity_id":"wefunder:feed_item:171115","type":"FeedItem::Update","visibility":"public","title":"Meet Kidcaboo's Team","preview":"Wefunder Investors, Our team looks forward to receiving your questions about our growth in the tech, user, geographical and other realms. Please send all questions to us at HELLO@KIDCABOO.COM. We look forward to having relevant team members answer them this week and to posting a video with responses, to let you get to know our team better through this process! Thanks for your time and consideration of this opportunity and support in the journey we're excited to continue with you. Our Best, Th...","published_at":"2024-02-27T02:08:24Z","author_name":"Rebecca Lock","url":"/feed/171115","canonical_url":"https://wefunder.com/feed/171115"},{"id":170915,"entity_id":"wefunder:feed_item:170915","type":"FeedItem::Update","visibility":"public","title":"Upcoming Kidcaboo Expansion","preview":"Dear Kidcaboo and Wefunder Investors, We hope this finds you all well. In response to carefully-monitored user demand over the past two years, and driver satisfaction with Kidcaboo over other ridesharing platforms, Kidcaboo is excited to announce we will be, in appropriate time, expanding into the carefully projected and planned ecosystem we've discussed building since 2019. This will include additional revenue sources, consistently geared (with our brand in mind) to meet the needs of today's...","published_at":"2024-02-19T18:00:54Z","author_name":"Rebecca Lock","url":"/feed/170915","canonical_url":"https://wefunder.com/feed/170915"},{"id":170872,"entity_id":"wefunder:feed_item:170872","type":"FeedItem::Update","visibility":"public","title":"Kidcaboo Female Disruptors Interview","preview":"https://www.candicegeorgiadis.com/female-disruptors-rebecca-lock-of-kidcaboo-on-the-three-things-you-need-to-shake-up-your-industry/","published_at":"2024-02-17T00:38:16Z","author_name":"Rebecca Lock","url":"/feed/170872","canonical_url":"https://wefunder.com/feed/170872"},{"id":169979,"entity_id":"wefunder:feed_item:169979","type":"FeedItem::Update","visibility":"public","title":"Kidcaboo Update and Recent Metrics","preview":"Dear Wefunder Investors: Kidcaboo is thrilled to have accepted the Wefunder team's offer to extend the timeline for is raise with them as we begin preparing for an upcoming, larger raise and that due diligence process. Please feel free to share information about Kidcaboo (some recent metrics are below) and this opportunity to invest in our company at a discounted rate prior to a planned, upcoming round. The more we can extend our runway and show continued growth before the upcoming round (int...","published_at":"2024-02-01T15:22:39Z","author_name":"Rebecca Lock","url":"/feed/169979","canonical_url":"https://wefunder.com/feed/169979"},{"id":169623,"entity_id":"wefunder:feed_item:169623","type":"FeedItem::Update","visibility":"public","title":"Invest Before Jan. 2!","preview":"Good morning, Wefunder investors! We hope this finds you well. Kidcaboo is excited to bring in a new group of Wefunder investors when we pull our funds on Jan. 12! Invest by Jan. 2 to join us on this exciting journey, at this stage of growth for Kidcaboo. Have a great day!","published_at":"2023-12-22T11:45:46Z","author_name":"Rebecca Lock","url":"/feed/169623","canonical_url":"https://wefunder.com/feed/169623"},{"id":169556,"entity_id":"wefunder:feed_item:169556","type":"FeedItem::Update","visibility":"public","title":"Kidcaboo Podcast on Equity Crowdfunding","preview":"https://www.crowdcrux.com/ep-396-the-method-to-raise-307389-with-reg-cf-kidcaboo/?fbclid=IwAR2rDIF-S_OaJPGCtgJ4Jof5MxGDkmzINQMg2kx-LNrM7q40FExILm7YilM_aem_AcGk5Cex4affyGMHU7IvJ9U-RCclNmfEmHhgnkhHg46ry1hIj0EK5P04hlnbTI60g9w\u0026mibextid=Zxz2cZ","published_at":"2023-12-20T03:43:02Z","author_name":"Rebecca Lock","url":"/feed/169556","canonical_url":"https://wefunder.com/feed/169556"},{"id":169131,"entity_id":"wefunder:feed_item:169131","type":"FeedItem::Update","visibility":"public","title":"Kidcaboo Investor Update Dec. 17 2023","preview":"Kidcaboo Investors,\u0026nbsp;We hope this update finds you and your families well. Our entire team hopes those of you observing holidays this season have a wonderful, meaningful holiday.\u0026nbsp;I write to share some Kidcaboo tech updates that your investments have allowed us to make. In the coming weeks and months, we’ll be making some major announcements about new revenue streams and services we are or will soon be implementing.First though, I’m excited to share that the Wefunder team offered us t...","published_at":"2023-12-17T17:01:13Z","author_name":"Rebecca Lock","url":"/feed/169131","canonical_url":"https://wefunder.com/feed/169131"},{"id":169045,"entity_id":"wefunder:feed_item:169045","type":"FeedItem::Update","visibility":"public","title":"The Impact of Kidcaboo's First Year of Operations!","preview":"We heard Kidcaboo was your top parent hack this year for worry-free transportation and care for your kiddos! We can’t wait to be a bigger part of your 2024!Interested in investing in Kidcaboo? Check out our current investment round through Wefunder at www.wefunder.com/Kidcaboo .","published_at":"2023-12-04T19:24:39Z","author_name":"Rebecca Lock","url":"/feed/169045","canonical_url":"https://wefunder.com/feed/169045"},{"id":167853,"entity_id":"wefunder:feed_item:167853","type":"FeedItem::Update","visibility":"public","title":"Last Days to Invest In Kidcaboo's Discounted SAFE","preview":"Dear Wefunder Investors, Our Community Round closes in\u0026nbsp;12 days on\u0026nbsp;December 8! Invest before we close our round\u0026nbsp;at wefunder.com/kidcaboo.If you invested in this either this round or a previous one, from the bottom of our hearts,\u0026nbsp;thank you.\u0026nbsp;Your contribution will be fundamental for\u0026nbsp;Kidcaboo's continual growth and success as we work to\u0026nbsp;move towards break-even over the next two years. Some Highlights: 585% YoY growth (Q3 2023 vs. Q3 2022)96% YOY User RetentionRe...","published_at":"2023-11-25T15:38:49Z","author_name":"Rebecca Lock","url":"/feed/167853","canonical_url":"https://wefunder.com/feed/167853"},{"id":167430,"entity_id":"wefunder:feed_item:167430","type":"FeedItem::Update","visibility":"public","title":"Kidcaboo X The Rideshare Guy Interview Link!","preview":"Wefunder Investors,Thanks so much for your support as we begin our second Wefunder campaign.Again, this current round was opened, specifically for Wefunder investors, due to interest we had from those of you who invested in our initial Wefunder round over a year ago. Your passion for our mission and growth, while many of our start-up peers sadly shuttered or paused due to the economic and investment landscape today, has been incomparable and inspirational. We are thrilled to involve you all a...","published_at":"2023-09-27T17:59:06Z","author_name":"Rebecca Lock","url":"/feed/167430","canonical_url":"https://wefunder.com/feed/167430"},{"id":167428,"entity_id":"wefunder:feed_item:167428","type":"FeedItem::Update","visibility":"public","title":"Link to Kidcaboo Int. on The Rideshare Guy Podcast","preview":"Wefunder Investors,Thanks so much for your support as we begin our second Wefunder campaign.Again, this current round was opened, specifically for Wefunder investors, due to interest we had from those of you who invested in our initial Wefunder round over a year ago. Your passion for our mission and growth, while many of our start-up peers sadly shuttered or paused due to the economic and investment landscape today, has been incomparable and inspirational. We are thrilled to involve you all a...","published_at":"2023-09-27T17:55:56Z","author_name":"Rebecca Lock","url":"/feed/167428","canonical_url":"https://wefunder.com/feed/167428"},{"id":167105,"entity_id":"wefunder:feed_item:167105","type":"FeedItem::Update","visibility":"public","title":"We Go Live on Thursday!","preview":"Kidcaboo is thrilled to reopen Wefunder raise in response to investor interest.A few years ago, prior to our full launch and because of our belief in Equity Crowdfunding, Kidcaboo opened a campaign on Wefunder. Wefunder investors purchased hundreds of thousands in equity in Kidcaboo, based solely on passion for and belief in our mission.We've since launched fully, spread across states, and have seen growth, geographically, in revenue and with user-count, enormously, all during a time many ...","published_at":"2023-09-13T18:22:30Z","author_name":"Rebecca Lock","url":"/feed/167105","canonical_url":"https://wefunder.com/feed/167105"},{"id":166843,"entity_id":"wefunder:feed_item:166843","type":"FeedItem::Update","visibility":"public","title":"New Wefunder Raise Update!","preview":"We’re excited to announce we plan to finish updating our profile page with current info and metrics this weekend and to open our impending raise for the Wefunder community next week! We look forward to answering your questions and engaging with you all once again. Thank you all so much for your continued enthusiasm and support of Kidcaboo’s team, growth and mission! Best, Rebecca Lock","published_at":"2023-08-31T18:20:50Z","author_name":"Rebecca Lock","url":"/feed/166843","canonical_url":"https://wefunder.com/feed/166843"},{"id":166740,"entity_id":"wefunder:feed_item:166740","type":"FeedItem::Update","visibility":"public","title":"Lead Investor for Upcoming Raise","preview":"Over the past few years, our team at Kidcaboo has gotten to know Harry Campbell, aptly known to many as \"The Rideshare Guy,\" as both a very good person, and someone with unparalleled expertise and keen insight into a young, world-changing and evolving industry - ridesharing. We're proud and honored to share that Harry will be leading a soon-to-be-announced raise we're holding for the Wefunder investor community. This discounted round will precede an impending, larger, institutional raise. The...","published_at":"2023-08-29T20:27:09Z","author_name":"Rebecca Lock","url":"/feed/166740","canonical_url":"https://wefunder.com/feed/166740"},{"id":166686,"entity_id":"wefunder:feed_item:166686","type":"FeedItem::Update","visibility":"public","title":"Kidcaboo x She’s Independent Interview","preview":"https://m.youtube.com/watch?feature=youtu.be\u0026fbclid=IwAR2mneRlDbdcsjD7IAHATyOUg6rbdp7MoCjIWeVigw7-xk2nDcBtD6DTduY_aem_AU2VgV0zOOyrENie4ihjtjXpmsX8amcAx_PjFYPpmmDYl6u6Akwr9kzr9M4HUj5i30k\u0026v=3PRRk2KoT2U\u0026t=1214\u0026mibextid=Zxz2cZ#bottom-sheet","published_at":"2023-08-26T04:05:48Z","author_name":"Rebecca Lock","url":"/feed/166686","canonical_url":"https://wefunder.com/feed/166686"},{"id":166685,"entity_id":"wefunder:feed_item:166685","type":"FeedItem::Update","visibility":"public","title":"Kidcaboo late 2022-2023 Metrics (First Partial Year of Operations)","preview":"Kidcaboo late 2022-2023 Metrics (First Partial Year of Operations)","published_at":"2023-08-25T20:19:06Z","author_name":"Rebecca Lock","url":"/feed/166685","canonical_url":"https://wefunder.com/feed/166685"},{"id":159941,"entity_id":"wefunder:feed_item:159941","type":"FeedItem::Update","visibility":"public","title":"Join Kidcaboo's CEO as she speaks with the She's Independent Investment Club today at 1pm ET - RSVP Below!","preview":"I'm so proud to announce that the She’s Independent Investment Club, a group I’m honored to have on our cap table, has invited me to be the first speaker in their She’s Independent Conversations series, a set of live, fireside chats, launching today. The series will feature female founders, leaders and investors and continue the group's important advocacy of female leadership and investment opportunity.\u0026nbsp;Please RSVP at the link below and join me for the launch of She’s Independent Convers...","published_at":"2022-12-14T14:23:24Z","author_name":"Rebecca Lock","url":"/feed/159941","canonical_url":"https://wefunder.com/feed/159941"},{"id":157703,"entity_id":"wefunder:feed_item:157703","type":"FeedItem::Update","visibility":"public","title":"Kidcaboo Wefunder Raise Closing Tonight","preview":"Four months ago,\u0026nbsp;Kidcaboo\u0026nbsp;began a funding round. As a company aimed at leveling playing fields, it felt wrong when people who believed in Kidcaboo from early on, wanted to invest at this stage, but weren't able to, as they were not \"accredited\" investors. After much thought, we decided to open part of the raise to the community via the equity crowdfunding platform,\u0026nbsp;Wefunder. Wefunder's team helped change the law, which paved the way for all to have access to early-stage investm...","published_at":"2022-08-23T22:02:58Z","author_name":"Rebecca Lock","url":"/feed/157703","canonical_url":"https://wefunder.com/feed/157703"},{"id":157663,"entity_id":"wefunder:feed_item:157663","type":"FeedItem::Update","visibility":"public","title":"Kidcaboo on Gigging Out Podcast!","preview":"https://www.everee.com/podcast/It was such an honor to be invited to be featured on the Gigging Out podcast (link above). Previous guests have included leaders at wildly innovative and successful companies, such as Shipt. Dana Gagnon, the podcast's incredible host, is a compelling conversationalist, who brings the human side of startups and the gig economy to life in her show. Thank you, Dana, for hosting me. It was a pleasure!xo, Rebecca Lock","published_at":"2022-08-23T02:39:02Z","author_name":"Rebecca Lock","url":"/feed/157663","canonical_url":"https://wefunder.com/feed/157663"},{"id":157493,"entity_id":"wefunder:feed_item:157493","type":"FeedItem::Update","visibility":"public","title":"Kidcaboo is coming to PA!","preview":"Kidcaboo is proud to announce our launch in PA. We are currently building Driving Nanny teams and look forward to being available to families across the state this fall! Thank you for your support. Best always, Rebecca Lock, Kidcaboo Founder/CEO","published_at":"2022-08-22T02:43:28Z","author_name":"Rebecca Lock","url":"/feed/157493","canonical_url":"https://wefunder.com/feed/157493"},{"id":157100,"entity_id":"wefunder:feed_item:157100","type":"FeedItem::Update","visibility":"public","title":"Kidcaboo featured in CT By The Numbers!","preview":"As you may know, we recently launched in Connecticut! In Connecticut, 1 in 4 working households have children that are under the age of 6, yet Connecticut was recently ranked the 8th most expensive state to hire a nanny.Our founder and CEO, Rebecca Lock sat down with CT By The Numbers to discuss Kidcaboo’s recent launch in CT and why she started Kidcaboo in the first place. Please see the link below for the full article and share the news of our launch with any CT contacts! Thank you! https:/...","published_at":"2022-07-28T22:26:49Z","author_name":"Rebecca Lock","url":"/feed/157100","canonical_url":"https://wefunder.com/feed/157100"},{"id":156158,"entity_id":"wefunder:feed_item:156158","type":"FeedItem::Update","visibility":"public","title":"KIDCABOO IS COMING TO CONNECTICUT!","preview":"Kidcaboo has received our TNC license in CT and is building Driving Nannies teams and parent waitlists in Fairfield County, CT area. We're thrilled to work with families in the upcoming school year. If you're interested and able, it's an awesome time to invest more or for the first time before our round closes. We appreciate you all so much, have some exciting investment commitments and significant growth planned for over the next few months and beyond. Thank you all so much for your support,...","published_at":"2022-06-29T19:21:30Z","author_name":"Rebecca Lock","url":"/feed/156158","canonical_url":"https://wefunder.com/feed/156158"}],"q_and_a":[{"id":208625,"entity_id":"wefunder:comment:208625","question":"Hello, I don't have a question about the market, I think that could be huge. My question however relates to supply. Not in terms of vetting/vetted drivers, not even in terms of the overall number of drivers that you can scale, but relative to the time period that they are needed, whether you will find enough to achieve your rough revenue projections. What I mean by that is that you could for any particular locale, find say for instance 100 drivers. Unlike Uber, etc though, those drivers aren't needed throughout the day, mainly only during 2 peak periods. 1 driver can only make an average 1.5 (prob at most 2 on avg) rides during the morning peak period, so that means that you can only service, in this example, 150-200 rides. I don't doubt there could be massive demand for your service from parents (certainly more than 200 worth), but addressing the needed number of drivers during rush hours may be the bottleneck. I'm not sure there that many \"Christmas workers\" available at that time. Comments pls?","author_name":"Ssj Liew","votes":5,"created_at":"2022-06-17T07:57:11Z","canonical_url":"https://wefunder.com/kidcaboo#question-208625","answers":[{"id":215736,"entity_id":"wefunder:comment:215736","answer":"Hello and thank you so much for your question. I appreciate it greatly. This is a wonderful question. When we fully launched in TX early this year, after multiple years in beta and development, this was a big concern for us. This was the period when everyone in America seemed to be affected by the hiring crisis. We - me, our advisors, investors and team - anticipated the same. Hiring and retaining drivers had not been a problem in testing due to our strong driver payment, specific benefits and opportunities we offer and some other, more operations-specific, features. These things ensure driver retention and minimize the need for huge incentives. We worried they may not compensate for the hiring crisis at the time of our full TX launch though. Given that, before letting anything slip out publicly about our TX launch, we spent about a month solely building a Driving Nanny team in several metros around TX. As we learned, because of the benefits listed above, hiring drivers proved not to be a problem for us. We believed it would be a big hurdle, but we were wrong. We have about 100 drivers in TX and see that number growing to a few hundred in the coming months and expanding from there. Subsequently, we launched in four other states and are having an identical experience in those areas. I hope this sufficiently answers your wonderful question. If not, please feel free to reach out to me at RLOCK@KIDCABOO.COM. Thank you again and be well! My very best, Rebecca Lock","author_name":"Rebecca Lock","votes":0,"created_at":"2022-08-17T22:37:42Z"}]},{"id":202911,"entity_id":"wefunder:comment:202911","question":"This is a great idea and I know many families, including my own, who would find it of great value. However, how do you see competition with hopskipdrive.com, which is operating in several parts of the country and has raised $86m since 2015, which looks like a significant lead time advantage in addressing the same market? Are there also other competing child-focused ride-hailing apps?","author_name":"Justin A","votes":3,"created_at":"2022-04-26T19:24:51Z","canonical_url":"https://wefunder.com/kidcaboo#question-202911","answers":[{"id":203395,"entity_id":"wefunder:comment:203395","answer":"Hi! Thanks for the great question. HSD and almost all similar companies are B2B (they almost exclusively focus on building their business with schools) and struggled with B2C scaling, which is where we’ve succeeded well. They are an incredible company and have an incredible market, as do we. Their relationship with schools makes scaling easier to some extent - they go into an area with localized demand, for example. It has and will continue to preclude many of those companies from TNC licensing in certain states, which is something we’re heavily focused on attaining currently exclusively through our partnership with Tusk Holdings. We should be licensed in many of those states, we believe strongly, within the coming months. Geographically, we will likely be in significantly more markets by the end of this year for multiple well-researched and accepted scalability reasons, which ties back to our focus on different markets. Hope this answers your question. Feel free to reach out with others! Best, Rebecca Lock","author_name":"Rebecca Lock","votes":4,"created_at":"2022-04-29T00:14:42Z"}]},{"id":201205,"entity_id":"wefunder:comment:201205","question":"I am interested and I have couple of questions- 1. Do have any direct competitors? Why I will use you rather than dropping by myself? WFH flow is it not getting harder to convince parents to use your service? 2. How do you take care legal issues-accident, child abuse etc. Please explain more. 3. How much do you pay the person who give the ride? Is it uber/lyft model? 4. Please explain all the revenue streams. Revenue projection this year and next few years. How does 12M valuation come from? 5. What is the main challenge to get up to this stage? what is the known challenge to scale it through entire US?","author_name":"Badal Haider","votes":3,"created_at":"2022-04-15T01:35:25Z","canonical_url":"https://wefunder.com/kidcaboo#question-201205","answers":[{"id":201526,"entity_id":"wefunder:comment:201526","answer":"Thanks so much, Badal! It's wonderful to hear from you and I appreciate your thoughtful questions. See responses below: 1) For an answer to your first question, please see slide 9 of the pitch deck on our company's Wefunder page, www.wefunder.com/kidcaboo. Also, our indirect competition includes traditional rideshares designed for adults, school supplemental transportation companies and rideshares, school busses, school vans and children's transportation van companies, full-time nannies (a rarity and less-than-optimal option for ever the wealthiest of families) and similar transportation options. All serve, mostly, a very different market than Kidcaboo. The market's demand is enormous and multiple modes of transportation are needed to serve all children in the US. Kidcaboo, however, serves a very distinct, large and almost fully unmet market.\u0026nbsp; Kidcaboo parents use us when their personal schedule and their child's schedule and transportation needs do not easily coexist. For example, if a parent has to arrive at work late or leave early in order to drop off or pick up a child at school, or to get a child to an activity, Kidcaboo eliminates the need for someone's schedule to suffer or be sacrificed. By handling the child's transportation, we allow a parent to fulfill their work responsibilities and schedule fully, while the child is also able to fully maintain a schedule. Kidcaboo is valued for allowing all family members to be where needed, when needed, on time and without stress or sacrifice. WFH has increased demand from parents, due to an increase in planned and coordinated (rather than impromptu, in-person) meetings. A return to work, however, something many in our market are facing, is not expected to reduce our demand or the need from our market. 2) We have spent three years and built an incredible, highly specialized legal and insurance team to assess, reduce, identify, address and protect all parties from risk on all fronts. We have innumerable required and non-required insurance policies, operate in compliance with all relevant government statutes and with a license from each state in which we're operational, and extensive safety and security-enhancing technology, policies and procedures in place. 3) Kidcaboo's Driving Nannies receive a percentage of each ride's pay that is significantly higher than other traditional TNCs. Our minimum per-rider driver payment is $15, for brief rides, which is vastly higher than the minimum payment received by drivers on the platforms you reference. 4) Revenue, in most states, comes exclusively from rides. In a few states, additional services bring in revenue, as well. Our revenue for this year should be in the six-figure range, and we anticipate it will be in the seven-figure range or above the following year or two. Our valuation is based on previous funding rounds and valuations, the status of our operations, team, tech and projected potential, projection models using numbers well-tested and derived from expansive beta periods, indirect competitor numbers as applicable and more. Please let me know if you have further questions about this and I'm happy to discuss. 5) Most of our seemingly insurmountable hurdles occurred in year one. Now, the biggest challenges we're addressing are 1) clearing the Northeast US states to begin operations and 2) as a company with proven, hockey-stick-shaped growth as we enter new markets, figuring out the fastest way to establish the bottom of the hockey stick in each new area. The bottom of this hockey has proven to be only about 30-50 loyal, regular clients, who then incite excitement about Kidcaboo, via organic word-of-mouth, setting off a rapid growth in demand from other parents. Once someone has tried our service, 87% schedule weekly rides and 96% of all clients return year-over-year.\u0026nbsp; A current hurdle we're working through with Tusk Holdings' Pericles Program, who helped companies like Uber clear regulatory hurdles to states licensure, is securing our TNC license to operate as the first and only children's rideshare in the heavily regulated northeast states of NJ, CT, PA and MA. In NJ, where Kidcaboo was founded and tested, our waitlist is near ~1,000 parents. We are applying for a license in DC, MD and VA. Thank you so much for these very important, discerning questions. I appreciate the opportunity to address them here and, if the opportunity is right for you, we'd love to have you join us as we build and plan for the future of this venture! Best, Rebecca Lock, Kidcaboo Founder and CEO","author_name":"Rebecca Lock","votes":1,"created_at":"2022-04-18T02:46:43Z"}]},{"id":275473,"entity_id":"wefunder:comment:275473","question":"Hi there, a) What is your most recent monthly burn rate? b) What is your most recent monthly cash on hand? c) Are you raising a parallel angel or VC round simultaneously? If yes, who is investing in this round?","author_name":"Teddy Lyons","votes":2,"created_at":"2024-02-05T17:44:24Z","canonical_url":"https://wefunder.com/kidcaboo#question-275473","answers":[{"id":282621,"entity_id":"wefunder:comment:282621","answer":"Hey Teddy! Thank you so much for these questions and I apologize for only seeing this. a) Currently, we're operating leanly at around 50K monthly burn, optimal growth burn is around 150K-180K for the national expansion path, which we'll return to this fall. We are really cost-efficient for a nationally-expanding, tech company with the capacities we have. Happy to get more into this at any time if you want to reach out and chat. b) We've ran from ~400K - ~50K on hand at any time over the past year, during which we operated leanly due to the economy and a purposeful choice to continue growing at a lower percentage that usual to get through it, while avoiding over dilution for investors. Prior to this and in our planning for the future, we like to keep at least 6 months of burn in the bank at this early stage. The upcoming round will accommodate 2 years of burn at least to get us to break even. Also happy to discuss further. c) This SAFE round appears to be closing tonight unless we are able to extend it. We're in touch with Wefunder about that. We will be closing this discounted SAFE round before an impending priced round at an expected higher valuation. That round has been in planning stages for a bit, but we were waiting out the economic situation, and only just began its implementation. The valuation projections, which are based on factual stakeholder offers and trades within Kidcaboo are impressive and leave me very optimistic about the upcoming round's valuation. Again, please reach out to discuss further and thank you so much for these important questions. We'd love to have you join our company, cap table and mission.","author_name":"Rebecca Lock","votes":0,"created_at":"2024-04-29T17:06:10Z"}]},{"id":274662,"entity_id":"wefunder:comment:274662","question":"It looks like your competitive advantage is that you offer more heavily vetted drivers. What is stopping Uber/Lyft making an optional program for their drivers to do the same thing? Given their network effects, couldn't they crush your business overnight if they did this? Or am I missing something here.","author_name":"Michael Fowlie","votes":2,"created_at":"2024-01-24T06:35:45Z","canonical_url":"https://wefunder.com/kidcaboo#question-274662","answers":[{"id":275250,"entity_id":"wefunder:comment:275250","answer":"Hey Michael. Thank you for being in touch! Great question. I respect Uber and Lyft and their founders and CEOs a great deal. Our biggest differentiator from the few players in adjacent spaces, who are insured and licensed, is actually in fundamental operational procedures day one, not easily added-on (or money-dependent) features. Since this is a reasonable question for investors to ask, I've assessed it at length over years. I definitely did not have the answer early on. I have come to be very confident in this reply now though. One, I'm confident that no amount of money can create this system. Secondly, and more fundamentally, their mission is very different - which is key to all they are contributing and the speed at which they're moving to do so globally. It also precludes them from safely transporting youth on a large scale. They failed with the first iteration of Uber Teen. They are trying again because of the percentage of requests coming from this age group. The demand is truly overwhelming. We look forward to growing and forming partnerships and acquisitions to meet the need for this type of transportation safely and fully. Again, thanks for your great question. Please feel free to reach out to me at RLOCK@KIDCABOO.COM with any follow up questions. Be well. Best, Rebecca Lock","author_name":"Rebecca Lock","votes":0,"created_at":"2024-02-01T19:47:51Z"}]},{"id":202434,"entity_id":"wefunder:comment:202434","question":"What is your revenue model ? Do you charge parents flat fee/month for using Kidcaboo services or is it pay per ride ? Any plans to partner with schools to provide ride to students ?","author_name":"Tulika Tyagi","votes":2,"created_at":"2022-04-24T00:58:20Z","canonical_url":"https://wefunder.com/kidcaboo#question-202434","answers":[{"id":203396,"entity_id":"wefunder:comment:203396","answer":"Hi! Thanks for the great question! We charge per ride and our ride pricing equation is based on mileage, time, a company fee and some other state, local and ride variables. Hope this answer is helpful! Please reach out with additional questions! Best, Rebecca Lock","author_name":"Rebecca Lock","votes":0,"created_at":"2022-04-29T00:17:19Z"}]},{"id":202125,"entity_id":"wefunder:comment:202125","question":"Adults using rideshare can protect themselves for the most part but kids riding alone require a whole other level of drivers being trusted. How are you going to be able to scale the business? Uber has approximately 1M drivers in the US. What number of drivers do you envision your company can find that are trustworthy enough to drive kids around solo?","author_name":"Eric Daniel Townsend","votes":2,"created_at":"2022-04-22T02:32:19Z","canonical_url":"https://wefunder.com/kidcaboo#question-202125","answers":[{"id":202246,"entity_id":"wefunder:comment:202246","answer":"Thanks for the great question! We've practiced and proven scalability (with drivers) across regions and states. Due to our honed ability to replicate our model in new areas, scaling has not proven to be a problem, nor do we anticipate that it will be. We currently are carefully and thoroughly modeled out to 1000 active drivers per city per day, but that is easily increasable. We operate for about 14 hours per day in a time zone, but most heavily during the before and after-school hours and this number is sufficient for our needs and to reach 1B in annual revenue. What I like about your question, though, is that you don't seem to be doubting the ability to scale drivers, but to scale the right kind of drivers. When I had this idea in 2019, I questioned this. too. Qualified driver availability is something we tested and practiced over three years. I learned, there is no limit to that number in any area, or if there is, the number far exceeds the number of drivers we need to reach the aforementioned annual revenue milestone. However, when we launched in TX in early 2022, I was concerned. As you may remember, at this time, America's focus was facing \"The Great Resignation.\" McDonalds was offering college tuition for anyone willing to work for them, and any company couldn't offer enough money, it seemed, to gain employees. As a marketplace, our drivers are the hard side of our triangle. We needed to be able to secure them. But for our model to work, we also need to be able to retain them, while still working towards profitability. Given the timely concern, we went into TX with the opposite approach we normally employ - we went in aiming to get drivers first, while keeping marketing efforts quiet and from parents (due to demand) as long as possible. We figured we'd be unable to find drivers to meet parent demand. Historically, drivers were loyal to the core to us. I couldn't imagine how we'd scale, in the way we'd perfected, if that was lost or driver hiring became a hurdle. As it turns out, drivers are not, neither earlier this year or now, a hurdle for us. If they ever would be, it would have been at this time, I believe, but I was wrong. Given that, we've resumed our regular scaling procedures - opening up to parents first and then drivers - and are now entering both AZ and NC with that approach. We also have a ton of safety features, including an amazing ride monitoring team, watching rides live via in-car cameras, in addition to live GPS tracking, as extra safety precautions, in case anything very unexpected and unprecedented should ever happen. I hope this answers your questions fully. If not, please feel free to reach out with a follow up. Thanks so much again for the thoughtfulness and great question. My best, Rebecca","author_name":"Rebecca Lock","votes":2,"created_at":"2022-04-22T21:04:20Z"}]},{"id":277902,"entity_id":"wefunder:comment:277902","question":"Hi there. I'm not all that savvy when it comes to financial lingo and legalese, and there's a lot of info/data points in here, but... what's not clear to me is what can investors 'expect' or hope for? It seems your $618k goal is to help you get into other particular markets, and the costs related with that. Once you reach that goal, and once you have everything in place to begin operating in...all those other markets?...some of those other markets?...at least one of the other aforementioned markets?....at what point should investors be expecting something, and in what form? Will we receive periodic dividends? A return of our initial investment only? Etc. Thank you.","author_name":"Lynn Nevins","votes":1,"created_at":"2024-03-03T21:48:27Z","canonical_url":"https://wefunder.com/kidcaboo#question-277902","answers":[]},{"id":277408,"entity_id":"wefunder:comment:277408","question":"Where is the majority of your cash burn coming from? What are the funds you are raising primarily going into?","author_name":"Enoch K","votes":1,"created_at":"2024-02-27T01:39:43Z","canonical_url":"https://wefunder.com/kidcaboo#question-277408","answers":[]},{"id":270103,"entity_id":"wefunder:comment:270103","question":"Congrats on the progress so far. Quick question.. I see money invested so far is very less. Is it open for the public or only to existing investors? When will the SAFE will be converted to shares? What will be the conservative revenue estimate for year 2024? Best, Karthikeyan","author_name":"Karthikeyan Kuppusamy","votes":1,"created_at":"2023-11-28T04:07:12Z","canonical_url":"https://wefunder.com/kidcaboo#question-270103","answers":[{"id":270608,"entity_id":"wefunder:comment:270608","answer":"Hi Karthik! I hope you have been well. It's so nice to hear from you. Thank you for being such a continued support of our business. The round is open to any Wefunder investors interested in investing before our upcoming priced round, at which time the SAFEs will convert. Our conservative revenue estimate for 2024 is $300K-$350K. Let me know if you have any further questions. Please know you can always reach out to me here or personally as I believe you still have my email address. Again, thanks for your continued support. You genuinely have made such an impact on our journey. I'm immensely grateful. Rebecca","author_name":"Rebecca Lock","votes":0,"created_at":"2023-12-04T16:17:36Z"}]},{"id":269987,"entity_id":"wefunder:comment:269987","question":"How much total has been raised to date and under what terms (amount, time, valuation, security)? What are the terms of your current SAFE round? If you raise full amount, what runway? When do you expect to be breakeven? Many thanks. Sam","author_name":"Samuel Rubenstein","votes":1,"created_at":"2023-11-25T16:35:39Z","canonical_url":"https://wefunder.com/kidcaboo#question-269987","answers":[{"id":270028,"entity_id":"wefunder:comment:270028","answer":"Thanks so much for the question, Sam! I hope you are well. We have raised ~2.5M. The first 250K was raised (pre-launch) in an initial priced round for 10% of the company, which was then valued at 2.5M. We then raised a bit over a million under a 5M SAFE (most pre-launch) and a bit over a million under a 10M SAFE. We currently have a 12M SAFE open. All SAFEs are standard Y-Combinator terms. We are expected to raise our next 3.6M at an approx. 20M pre-money val. Different figures ranging from 14.4M-26M pre-money have come up, but a concrete scenario suggests we'll fall around the 20M figure. The 3.6M amount is for two years needed to hit break-even. It is modeled conservatively. We'll then move to profitability. Please feel free to reach out with follow-up questions, but I very much appreciate this important inquiry. Thank you and stay well. My Very Best, Rebecca","author_name":"Rebecca Lock","votes":0,"created_at":"2023-11-26T21:18:16Z"}]},{"id":216174,"entity_id":"wefunder:comment:216174","question":"What are the additional states you will be launching in 2023?","author_name":"Kimberly Goesling","votes":1,"created_at":"2022-08-22T17:30:24Z","canonical_url":"https://wefunder.com/kidcaboo#question-216174","answers":[{"id":216222,"entity_id":"wefunder:comment:216222","answer":"Hi Kimberly! Thanks so much for being in touch. We should be in a few dozen states by the end of 2023. To give you full context, after 3.5 years of beta operations and tech development, etc., we launched fully in TX in Feb. 2022 and moved quickly across the state, quickly acquiring and retaining users. We were able to move quickly due to the vigorous scaling practice for years. We launched in late March in AZ, in April in NC, and this summer in CT and PA. We expect to hear about licenses in four states in the coming weeks/month or so. From there, we aim to launch and expand along the east coast, the west coast and several midwest states. If you would like to chat further and in greater detail about our planned geographical expansion, I'm happy to do so! I can be reached at RLOCK@KIDCABOO.COM. Thank you so much for being in touch and for following our journey! I'm grateful. Be well! My very best, Rebecca Lock","author_name":"Rebecca Lock","votes":0,"created_at":"2022-08-23T02:00:33Z"}]},{"id":205069,"entity_id":"wefunder:comment:205069","question":"Congrats on wefunder campaign Rebecca! You are working on a important problem. Love to be part of this journey. 1) What percentage Kidcaboo takes from each ride booking and gross margin? 2) Uber/lyft are not able to profitable even after many years of operation. What is your plan to become profitable? 3) What are the exit plan for investors? 4) Will you need additional funding in next 18months. 5) Fetii(raising currently in wefunder) too is doing mass transport by partnering with university and corporate companies. Can Kidcaboo partner them which can help both companies? Just curious.","author_name":"Karthikeyan Kuppusamy","votes":1,"created_at":"2022-05-13T18:08:39Z","canonical_url":"https://wefunder.com/kidcaboo#question-205069","answers":[{"id":205369,"entity_id":"wefunder:comment:205369","answer":"Excellent questions and thank you so much for your support message. I'm grateful and will share it with our team. We'd love to have you. 1) Kidcaboo pays drivers usually around 60%, with about half of the rest going towards insurance and safety measures and monitoring and the rest being profit. 2) Having studied this extensively and actively worked to avoid the same problem, I believe strongly the solution to this problem is paying the driver well to have to avoid overwhelming driver incentives. When I looked into this problem and did 800 drives to understand why it existed, the answer was clearly that parents were hiring people to do these drives, but not paying them in a way that guaranteed the drivers would continue to show up. For example, the 20$/hr structure was often used. Well, if you are using a driver for 1/4 of an hour, you then pay the driver 5-10$, well that is not worth the drivers time to even get out of bed I learned. Our model is based on driver retention. I knew that meant changing the pay structure and doing so took a long time and a lot of work, but I finally was able to get it right. An amount that would retain drivers without requiring the astronomical incentives behind Uber and Lyft's profit woes. Kidcaboo now has a min. ride payment of 15$ for drives under a certain number of miles and time. It has been almost fully successful, with retention rates in the 90 percentile. We need about 1000 daily drives anywhere in the US to break even, not a high number for us. If you'd like more info than I'm providing publicly here, please feel free to email me at RLOCK@KIDCABOO.COM. 3) The plan is to follow (or likely exceed) our model getting us to 1B in annual revenue in selected large US metro areas and exit in around 5 years. I see no impediment to reaching that annual revenue amount or exceeding it. 4) We are raising 2M at this valuation cap in this SAFE round to give us 10 months of runway. Between now and that time, we should be launched in multiple new states, growth numbers will be proven in our full launch over a longer period and the valuation will be higher. We'll raise possibly a few million more at that higher valuation (hence why we're not raising more now), but expect to also hit our break even number around that time, which may affect how much needs to be raised. 5) I love working with and collaborating with other entrepreneurs and companies to a mutual benefit. My friend, Raven's company Earth Rides just raised on here. We've discussed a partnership possibility in the future. Many other companies have approached Kidcaboo as well. I have loved following Fetii's journey and think a partnership idea with them would be an awesome thing to explore. I'll reach out and appreciate the great contribution. You are fantastic and these questions are very helpful and insightful. I sincerely hope you'll invest and will always feel comfortable asking such questions and making such proposals. I genuinely appreciate it and feel the Kidcaboo family, you included, benefits from these things. That said, thanks again and excited for the prospect of you joining us if the investment is right for you. I'm quite confident in it, especially now after the past three and a half years, if that matters at all :) Have a great day! Best, Rebecca Lock","author_name":"Rebecca Lock","votes":4,"created_at":"2022-05-17T12:46:51Z"}]},{"id":204210,"entity_id":"wefunder:comment:204210","question":"What's your moat? I like the business model, but if I'm being frank, I don't see any notable competitive advantage that will keep a company like Uber or Lyft from entering this field and gobbling up market share.","author_name":"Kevin Hardman","votes":1,"created_at":"2022-05-05T14:33:51Z","canonical_url":"https://wefunder.com/kidcaboo#question-204210","answers":[{"id":204499,"entity_id":"wefunder:comment:204499","answer":"Thanks so much for your question and please always be frank. I love that. Our notable competitive advantage is something I realized was necessary and conceived of while doing 800 initial test rides to test the viability of this idea and our market. It is something almost no one (but our clients) sees, seems to put much value in or knows to look for, but it is singularly responsible for why we are essentially alone in our ability to scale B2C, whereas most similar companies say that doing so isn't possible and instead have gone B2B (partnering w/ schools, govt agencies, etc). Building a scalable kids' TNC is difficult, but it is possible possible. Doing it to scale B2C successfully is much more difficult. It is something we designed, perfected, honed and repeatedly practiced scaling and now do efficiently, consistently, cheaply and fast. To address your concern about a TNC company coming in, doing what we do and taking our market...this is a comment/question I received a lot in early VC meetings. Back then, I didn't fully understand all I do now and, frankly, also wondered if it was something I should worry about. I received that question during a cable news interview earlier today. Now, unlike three years ago, my answer to that question is informed and confident, and is that it is highly unlikely that would ever happen for innumerable reasons. We, Uber and Lyft are TNCs, but the commonalities largely end there. Our missions, priorities, focuses, growth plans and more are different. This is not their realm and I highly doubt they see benefit in making it their realm. Frankly, I think it's more likely care.com would try, but that's highly unlikely too and doesn't concern me either. I say that because I see now how hard it is to do this well and scale the process successfully. There is a huge difference between doing or building something, and doing or building it in a way that makes it successful. So while I understand the thought, I no longer see that as a concern or factor that is likely to significantly impact Kidcaboo. I do think it's conceivable such a TNC could see benefit at some point in acquiring a company who works with kids and that is successful at widely scaling B2C, but that's different than assuming they'd want to or choose to build it themselves. However, because one might argue that anything is possible, I'll explore a \"what if\" here. What is a large TNC for adults did do this against the odds? What does that mean for Kidcaboo? The children's transportation system has not been updated since the school bus was created. And while that worked for a few decades, it is increasingly defunct today. The children's transportation needs of modern families, in modern America have been ignored, creating a huge need and demand. Some of Kidcaboo's closest indirect competitors are serving great markets and demands as supplemental school transporters. But school transportation is only a fraction of all children's transportation needs today. And the available market involved when you accept that and go beyond school transportation, is exponentially (by tens of billions of dollars) larger than the market met only in connection with schools. Multiple companies could operate in the same market and still not come close to meeting demand fully. That is why, even if this against the odds did happen, I remain confident it would not impact our clients, success, growth and ability to reach an annual revenue of \u0026gt;1B. Hope this answer is helpful. Please feel free to reach out at any time with other questions. I can be reached at RLOCK@KIDCABOO.COM. Thanks so much for your time and thoughtfulness! I appreciate it. Best, Rebecca Lock","author_name":"Rebecca Lock","votes":1,"created_at":"2022-05-07T02:52:19Z"}]},{"id":334424,"entity_id":"wefunder:comment:334424","question":"I invested $5,000 just a little over four years ago. What is the value of my investment today?","author_name":"Rob Hubsmith","votes":0,"created_at":"2026-05-27T19:12:50Z","canonical_url":"https://wefunder.com/kidcaboo#question-334424","answers":[{"id":334427,"entity_id":"wefunder:comment:334427","answer":"Hi Rob! The value will be assessed when there is a priced round which values the company concretely in the coming years. Thanks!","author_name":"Rebecca Lock","votes":0,"created_at":"2026-05-27T20:00:57Z"}]},{"id":321395,"entity_id":"wefunder:comment:321395","question":"Hi Rebecca - any operational updates on the company?","author_name":"Andrew Orth","votes":0,"created_at":"2025-12-17T20:58:38Z","canonical_url":"https://wefunder.com/kidcaboo#question-321395","answers":[]},{"id":309294,"entity_id":"wefunder:comment:309294","question":"I invested in Kidcaboo over 3 years ago. I was wondering when I may see a return on investment?","author_name":"Rob Hubsmith","votes":0,"created_at":"2025-06-06T16:59:03Z","canonical_url":"https://wefunder.com/kidcaboo#question-309294","answers":[]},{"id":278519,"entity_id":"wefunder:comment:278519","question":"We think the company is great; however, we paid your drivers on your behalf through our credit relationship and haven't been repaid yet. The approximately $18K is past due and we haven't been able to get clarity on timing of repayment. We haven't executed on the UCC yet as we would just prefer to recover the funds we have already paid your drivers from you or the company. Please help.","author_name":"Tyler Ploeger","votes":0,"created_at":"2024-03-12T16:58:43Z","canonical_url":"https://wefunder.com/kidcaboo#question-278519","answers":[{"id":278538,"entity_id":"wefunder:comment:278538","answer":"Thanks for reaching out. We'll look into this.","author_name":"Rebecca Lock","votes":0,"created_at":"2024-03-12T20:59:55Z"}]},{"id":270235,"entity_id":"wefunder:comment:270235","question":"Hi Rebecca, your campaign from last year was for an evaluation of 12 M SAFE. Why don't we see an increase ?","author_name":"Ali Di","votes":0,"created_at":"2023-11-29T10:05:54Z","canonical_url":"https://wefunder.com/kidcaboo#question-270235","answers":[{"id":270346,"entity_id":"wefunder:comment:270346","answer":"Hi there and thank you so much for your question. We have raised under three SAFES - 5M, 10M and 12M. The 12M SAFE was still open and there was room for more investment in that SAFE. When we heard interest from Wefunder investors to invest more before our upcoming priced round, we were happy and easily able to receive SEC approval to continue to raise under these terms. While there are many factors involved in valuation and it's very much based on market demand, an independent, third-party valuation has the pre-money valuation of the upcoming round at between 14.4M and 26M. An early investor recently received an offer (which he accepted) for his ownership in Kidcaboo. He had invested ~800K and received over 3M for that ownership. Given this and other factors, it seems the consensus is that the pre-money val of the upcoming round should fall between 18-21M. Hope this information is helpful in your assessment of this opportunity. I appreciate the important question. Please feel free to ask follow up questions or to email me directly at RLOCK@KIDCABOO.COM. Thanks again and stay well! My best, Rebecca Lock","author_name":"Rebecca Lock","votes":1,"created_at":"2023-11-30T17:02:38Z"}]},{"id":218166,"entity_id":"wefunder:comment:218166","question":"I am trying to start a Minor ride service in TN. Do you have any interest?","author_name":"Arthur Davis","votes":0,"created_at":"2022-09-09T00:26:06Z","canonical_url":"https://wefunder.com/kidcaboo#question-218166","answers":[{"id":238365,"entity_id":"wefunder:comment:238365","answer":"Apologies for not replying soon, as we are not currently using this platform! Please feel free to email me at RLOCK@KIDCABOO.COM. Thanks so much and be well! Rebecca Lock, Kidcaboo Founder and CEO","author_name":"Rebecca Lock","votes":0,"created_at":"2023-03-11T02:51:59Z"}]},{"id":216549,"entity_id":"wefunder:comment:216549","question":"Are you still accepting investments?","author_name":"Mary Ann Palou","votes":0,"created_at":"2022-08-26T13:36:38Z","canonical_url":"https://wefunder.com/kidcaboo#question-216549","answers":[{"id":238363,"entity_id":"wefunder:comment:238363","answer":"Apologies for not replying soon, as we are not currently using this platform! Please feel free to email me at RLOCK@KIDCABOO.COM. Thanks so much and be well! Rebecca Lock, Kidcaboo Founder and CEO","author_name":"Rebecca Lock","votes":0,"created_at":"2023-03-11T02:51:40Z"},{"id":238364,"entity_id":"wefunder:comment:238364","answer":"Apologies for not replying soon, as we are not currently using this platform! Please feel free to email me at RLOCK@KIDCABOO.COM. Thanks so much and be well! Rebecca Lock, Kidcaboo Founder and CEO","author_name":"Rebecca Lock","votes":0,"created_at":"2023-03-11T02:51:52Z"}]},{"id":215399,"entity_id":"wefunder:comment:215399","question":"Hello, would you care to respond to my previous question?","author_name":"Ssj Liew","votes":0,"created_at":"2022-08-15T17:11:15Z","canonical_url":"https://wefunder.com/kidcaboo#question-215399","answers":[{"id":216220,"entity_id":"wefunder:comment:216220","answer":"I hope I was able to sufficiently answer if below and apologize for not seeing it sooner. It's a very important and reasonable question. I appreciate it. Thank you again!","author_name":"Rebecca Lock","votes":0,"created_at":"2022-08-23T01:51:20Z"}]}],"faq":[{"question":"I am interested and I have couple of questions- 1. Do have any direct competitors? Why I will use you rather than dropping by myself? WFH flow is it not getting harder to convince parents to use your service? 2. How do you take care legal issues-accident, child abuse etc. Plea...","answer":"Thanks so much, Badal! It's wonderful to hear from you and I appreciate your thoughtful questions. See responses below: 1) For an answer to your first question, please see slide 9 of the pitch deck on our company's Wefunder page, www.wefunder.com/kidcaboo. Also, our indirect competition includes traditional rideshares designed for adults, school supplemental transportation companies and rideshares, school busses, school vans and children's transportation van companies, full-time nannies (a ra..."},{"question":"Adults using rideshare can protect themselves for the most part but kids riding alone require a whole other level of drivers being trusted. How are you going to be able to scale the business? Uber has approximately 1M drivers in the US. What number of drivers do you envision y...","answer":"Thanks for the great question! We've practiced and proven scalability (with drivers) across regions and states. Due to our honed ability to replicate our model in new areas, scaling has not proven to be a problem, nor do we anticipate that it will be. We currently are carefully and thoroughly modeled out to 1000 active drivers per city per day, but that is easily increasable. We operate for about 14 hours per day in a time zone, but most heavily during the before and after-school hours and th..."},{"question":"What is your revenue model ? Do you charge parents flat fee/month for using Kidcaboo services or is it pay per ride ? Any plans to partner with schools to provide ride to students ?","answer":"Hi! Thanks for the great question! We charge per ride and our ride pricing equation is based on mileage, time, a company fee and some other state, local and ride variables. Hope this answer is helpful! Please reach out with additional questions! Best, Rebecca Lock"},{"question":"This is a great idea and I know many families, including my own, who would find it of great value. However, how do you see competition with hopskipdrive.com, which is operating in several parts of the country and has raised $86m since 2015, which looks like a significant lead ...","answer":"Hi! Thanks for the great question. HSD and almost all similar companies are B2B (they almost exclusively focus on building their business with schools) and struggled with B2C scaling, which is where we’ve succeeded well. They are an incredible company and have an incredible market, as do we. Their relationship with schools makes scaling easier to some extent - they go into an area with localized demand, for example. It has and will continue to preclude many of those companies from TNC licensi..."},{"question":"What's your moat? I like the business model, but if I'm being frank, I don't see any notable competitive advantage that will keep a company like Uber or Lyft from entering this field and gobbling up market share.","answer":"Thanks so much for your question and please always be frank. I love that. Our notable competitive advantage is something I realized was necessary and conceived of while doing 800 initial test rides to test the viability of this idea and our market. It is something almost no one (but our clients) sees, seems to put much value in or knows to look for, but it is singularly responsible for why we are essentially alone in our ability to scale B2C, whereas most similar companies say that doing so i..."}]}}}