Smartcare, a Las Vegas-based provider of cloud solutions for child care centers, raised $6m in growth equity funding.
The round was led by Lyrical Partners with participation from Charter Oak Equity, Dakota Capital, and prior investors.
The company intends to use the funds to continue to expand adoption of its SaaS based solution.
Led by CEO Matt Knapp, Smartcare provides childcare providers and childcare center owners with a mobile-first platform to manage critical processes, including check-in/check-out, managing staff/child ratios, reporting, billing, and real-time two-way communications between parents and teachers. Smartcare’s cloud-based solution is accessible from any connected device, helping providers connect with today’s parents online and on-the-go.
Smartcare has over 4,000 active users, and has added over 500 childcare centers and schools to its SaaS platform since the first of the year.