CoachHire.com – the ‘EdTech’ transport specialist – has secured multi-million pound funding from Souter Investments, the investment office of Stagecoach co-founder and Chairman Sir Brian Souter.
The deal, worth £3.75m, secures investment for CoachHire.com to roll out its suite of apps for drivers, parents and school staff to safeguard pupils on journeys to and from school.
Its flagship SchoolSafe software uses tracking and travel technology to alert parents when their child boards the school coach and where they are while on-board.
CoachHire.com Managing Director and founder, Mathew Hassell, says: “We’re pleased that Souter Investments share our vision and see the potential in CoachHire.com.
“We’re dedicated to improving the safety, usability and value for money of school transport services and we now have the backing to realise these ambitions for schools across the country.”