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Care.com Grabs $25M

2011-10-12
Online search portal that helps people find nanny's, babysitters, and other caregivers inked a $20 million round last year from investors including New Enterprise Associates, Matrix Partners and Trinity Ventures.

WALTHAM, MA, Care.com has raised $25 million in new funding, according to a filing with the SEC. The company is an online search portal that helps people find caregivers - ranging from babysitters to housekeepers and senior caregivers. Care.com inked a $20 million round last year from investors including New Enterprise Associates, Matrix Partners and Trinity Ventures. 16 investors participated in the offering.

Care.com provides a trusted place for families and care providers to easily connect, share caregiving experiences, and get advice. The company addresses the unique lifecycle of care needs that each family may go through - including child care, special needs care, tutoring, senior care, pet care, housekeeping and more. The service enables families to find and select the best care possible based on detailed profiles, background checks, and references for hundreds of thousands of mom-reviewed providers who are seeking to share their services.





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