Koru Kids, a London, UK-based after-school childcare startup, raised £3.5M in seed funding.
The round was led by Forward Partners and Albion Capital, with participation from JamJar Investments and several angel investors.
The company will use the funds to continue to expand operations and its business reach.
Founded in 2016 by Rachel Carrell, a former McKinsey & Company consultant, Koru Kids provides a technology platform that streamlines the process of identifying the right after school nanny for a family, and takes care of the ongoing paperwork.
The company also works with the nannies themselves, handpicking university students with a passion for childcare and ensuring each graduates from an in-house training course. The team also provides ongoing support to nannies and families, via a curated nanny community where members can share recipes and tips and also offer emotional support and advice.