Monday, 13 February 2012

Care.com Raises $25 Million

Robin Wauters currently works as a staff writer for TechCrunch and lead editor of Virtualization.com. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in Belgium, a tiny country in Europe. He can often be found working from his home or... ? Learn More

care

Exactly 12 months after announcing that it had raised $20 million in financing, Care.com this morning revealed in a filing with the SEC (via FormDs.com) that it has secured another $25 million in funding. The round of new funding brings the company’s total capital raised to about $58.5 million.

Investors in Care.com include VC firms New Enterprise Associates, Matrix Partners and Trinity Ventures, but it’s worth noting LinkedIn founder and prolific angel investor Reid Hoffman also participated in the company’s Series A round back in 2007.

Care.com is a community website for families and ‘hundreds of thousands’ of care providers to connect, share caregiving experiences, and obtain advice about topics like child care, special needs care, tutoring, senior care, pet care, housekeeping and whatnot.

Care.com provides mom-reviewed profiles, messaging, access to background checks, recorded references, and educational information on the caregiver interviewing process.

The company was founded in 2006 by female entrepreneur Sheila Lirio Marcelo.


Founded in 2006, Care.com is the largest and fastest growing service used by families to find high-quality caregivers, providing a trusted place to easily connect, share caregiving experiences and get advice. The company addresses the unique lifecycle of care needs that each family goes through-child care, special needs care, tutoring and lessons, senior care, pet care, housekeeping and more. The service helps families find and select the best care available based on detailed profiles, background checks and references for...

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