Nanny service startup CozyKin raises $6M to expand into new markets
EdSurge
What was covered
EdSurge reports on CozyKin’s $6 million Series A, the Cambridge, Massachusetts startup that matches families with nannies by need and compatibility and handles payments and management.
Key points
- Round led by Bessemer Venture Partners, NextView Ventures and Primary Venture Partners
- Founded in 2016; families message nannies via a chat platform and nannies follow a Montessori-inspired curriculum
- Funding to enter new markets starting with New York, and to grow hiring, partnerships and product
- Notes Bessemer’s other education bets (Brightwheel, Flat World, BrightBytes) and NextView’s (Strive Talent, Boundless Learning)
Full article
Article text (4 paragraphs)
By EdSurge
COZY MONEY: CozyKin, a Cambridge, Mass.-based nanny matchmaking service, has raised $6 million in a Series A round from Bessemer Venture Partners, NextView Ventures and Primary Venture Partners.
Founded in 2016, CozyKin matches families with a nanny based on needs and compatibility and handles the finances and nanny management. Thecompany provides a chat platform for families to talk to the nannies, who follow a Montessori-inspired curriculum. The company will use the money to expand into new markets like New York and support efforts with hiring, partnerships and product development, according to a statement Monday.
Bessemer’s previous education investments include Brightwheel, Flat World and BrightBytes. NextView has invested in Strive Talent and Boundless Learning.
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