EverDriven is a provider of alternative student transportation solutions for a variety of student groups, including special education, homeless, foster and other in-need students. The company leverages a proprietary, technology-enabled platform to optimize transportation for school districts across the U.S.
Providing equal opportunities, mobility, and peace of mind to the most vulnerable in our communities.
EverDriven is a pioneer in its industry, providing safe, reliable transportation for school children that meets the needs of each student, parent and district. As a result of socioeconomic trends and a changing demographic across the U.S., the demand–and importance–of providing non-school bus solutions for students is continuing to grow.
Investment rationale
Our experience in logistics and healthcare give us a strong platform to capitalize on EverDriven’s first-mover advantage. The business has an attractive financial profile, good geographic diversification and is already a leading player in a resilient and fragmented industry. We believe that the company is at the start of a period of significant growth and can capitalize on the strengths of its technology to accelerate this.
Making a difference
Growth
- Expanding existing relationships, launching in new states and marketing new solutions by bolstering sales and operations teams.
- Investing in and building out technology platforms as a key point of differentiation.
Operations
- Improving scalability by codifying its sales strategy and augmenting its IT infrastructure.
- Setting a new industry standard for safety and improving compliance and visibility for parents and school districts.
Leadership
- Recruited independent board members with industry experience across key business functions.
- Recruited several management and other key hires.