Care.com Raises $20 Million To Connect You To Nannies, Babysitters And CaregiversOctober 12, 2010
by Leena Rao
Caregiver search portal Care.com has raised $20 million in funding from New Enterprise Associates with participation from existing investors, Matrix Partners and Trinity Ventures. This latest investment brings Care.com’s total funding up to over $36 million.
Care.com allows you to search prescreened profiles of hundreds of thousands of babysitters, nannies, tutors, housekeepers and senior caregivers, both locally and nationally (the site provides local services in over 30 cities in the U.S.). You can also access user reviews of caregivers, background check reports of caregivers and recorded reference interviews. And families find advice from experts and toolsregarding care related issues and topics.
The company plans to use the funding towards growing its network. For example, Care.com will expand its network via corporate and government partnerships; customized senior care service offerings; and, new vertical expansion into pet care, tutoring and housekeeping.