Ulu portfolio company Zum received a $100M investment, raising its valuation to $1.7B! CEO Ritu Narayan was named a finalist for the Bay Area Entrepreneur of the Year Award, and the San Francisco Examiner quoted Miriam Rivera extensively in a piece on California’s halted data collection mandate.
Miriam Rivera was quoted in a San Francisco Examiner piece about California’s halted venture capital diversity-data reporting mandate. Her comments reflect a nuanced position: she supports collecting demographic data because transparency is essential to understanding and improving access to venture funding, but she also believes the state’s rollout was poorly designed and executed.
At the Zum Mobility Symposium, the firm announced a $100M investment by TPG, increasing their valuation to $1.7B. Miriam joined the symposium’s investor panel entitled Perspectives on the Future of Mobility. The panel featured Bryan Schreier, Partner at Sequoia Capital; Steve Ellis, Managing Partner of The Rise Fund at TPG; and Arif Lakhani, Head of Sustainability Solutions, North America at GIC. The group explored how Zum’s AI-driven CMX platform is disrupting the $50 billion student mobility market — and why the convergence of technology, mission, and financial returns makes this one of the most compelling opportunities today.
Miriam returned as guest instructor at Stanford GSB’s Management Science and Engineering “Entrepreneurial Management & Finance” class. Miriam’s focus was on fundraising and termsheets.
