Zum is a student transportation services company that connects schools, students, drivers, and vehicles through a real-time platform. It provides on-demand, vetted transportation for school districts and families with a focus on safety and efficiency.
Access to pre-IPO shares is available to accredited investors through UpMarket.
Latest Price
$1.7B
Series E, Apr 2026, Perplexity
UpMarket Estimate
$1.8B
Based on UpMarket valuation model
Previous Price
$1.3B
Series E Apr 2024
How to Invest in Zum Through UpMarket
Zum shares are not on public exchanges. UpMarket provides accredited investors access through secondary market transactions.
Step 01
Verify accredited investor status
Confirm eligibility under SEC Rule 501 of Regulation D. Income or net worth threshold applies.
Step 02
Create an UpMarket account
Complete KYC/AML onboarding. Typically 1–2 business days. Licensed rep assigned on signup.
Step 03
Review available Zum offerings
Full offering memoranda and risk disclosures provided before any commitment is required.
Step 04
Complete subscription documents
Review and sign subscription agreement. All documents handled digitally through the platform.
Step 05
Fund your investment
Wire transfer or ACH. $50K minimum. Funds held in custodial account until close.
Pre-IPO investments are illiquid, speculative, and involve risk of total loss of capital.
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Valuation Growth Over Time
Post-money valuation by round
Previous roundsMost recent
Date
Round
PPS (split-adj.)
Valuation
Apr 2026
Series E
$1.7B
Apr 2024
Series E
$1.3B
Oct 2021
Series D
Why Investors Are Watching Zum
Growth Signal
TPG adds $100M as Zum's total funding hits $430M
On Apr. 16, 2026, Zum said TPG invested $100 million to accelerate its Connected Mobility Experience (CMX) and support continued growth and expansion. The deal lifted Zum’s total funding to $430 million and valued the company at $1.7 billion.
Competitive Moat
Zum's CMX platform is positioned as a differentiated core
Zum described itself as the leader in Connected Mobility Experience (CMX), signaling a technology-led operating model rather than a pure brokered transportation service. The company said the new TPG capital would accelerate CMX, suggesting product depth is central to its competitive position.
Market Opportunity
School transportation modernization remains a large runway
Zum says it is modernizing student transportation, a category where districts still rely on fragmented and legacy systems. The company’s prior $140 million Series E, led by GIC, shows investor demand for scaling this market opportunity.
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No. As of March 2026, Zum is a private company and does not trade on any public stock exchange. Accredited investors can access Zum shares through UpMarket, a FINRA-registered broker-dealer that specializes in pre-IPO investments.
Zum does not have a public stock price because it is privately held. The most recent known share price comes from its last funding round. Pre-IPO share prices on the secondary market may differ from the last round price depending on supply, demand, and market conditions.
Yes. Accredited investors can indicate interest in Zum shares through UpMarket by filling out the form on this page or creating an account at upmarket.co. All pre-IPO offerings are subject to availability and require a $50,000 minimum investment. UpMarket is a FINRA-registered broker-dealer and has brokered alternative investments since 2019.
Pre-IPO investments carry significant risks. Zum shares are illiquid, meaning there is no public market to sell them quickly. There is no guaranteed exit timeline or return. The investment is speculative in nature, and investors should be prepared for the possibility of total loss. Valuations of private companies can fluctuate substantially between funding rounds. Investors should consult their financial advisor and review all offering documents before investing.
In a pre-IPO transaction, accredited investors purchase shares from existing shareholders (such as employees, early investors, or other holders) through secondary market platforms. The company itself does not issue new shares in these transactions. UpMarket facilitates these trades as a FINRA-registered broker-dealer, handling compliance, documentation, and settlement on behalf of both parties.
There are two primary exit paths for pre-IPO holdings: selling your shares on the secondary market to another buyer, or holding until the company completes an IPO or is acquired. Both paths are subject to transfer restrictions, company approval (right of first refusal), and market conditions. The timing of any exit is unpredictable, and investors should plan for a multi-year holding period.
The minimum investment for most pre-IPO offerings on UpMarket is $50,000. This amount may vary depending on the specific offering and share availability. There are no fees to create an UpMarket account or browse available investments. Investors only pay transaction-related fees when they complete an investment.
UpMarket's valuation estimate of $1.8B is derived from a proprietary model that incorporates multiple data sources: funding round data (Caplight), revenue estimates (Sacra), secondary market pricing, and public company comparables. The model applies a private company discount to the public comp multiple to account for illiquidity and information asymmetry. This estimate is not investment advice and may differ substantially from the price at which shares actually trade.
Zum connects schools, students, drivers, and vehicles through a real-time student transportation platform, was valued at $1.8B after TPG added $100M to bring total funding to $430M. Accredited investors can access Zum stock through UpMarket.