Brightwheel, a San Francisco, CA-based provider of management and communication software for early education, raised $10m in Series A financing.
The round was led by GGV Capital with participation from Chan Zuckerberg Initiative, ICONIQ, and existing investors Eniac Ventures, Golden Venture Partners, Lowercase Capital, Mark Cuban Companies, and RRE Ventures and angel investors Adam Grant, April Underwood, Dave Gilboa, Elizabeth & Kevin Weil, Felix Anthony, Scott Cannon, and Tina Sharkey.
The company intends to use the funds to accelerate product development and expand the team.
Led by Dave Vasen, founder & CEO, Brightwheel is a cloud-based software platform for preschools, childcare providers, camps, and afterschool programs.
It allows teachers to manage their day and communicate with parents, gives parents insight into what their children are learning, and automates the process of managing operations for administrators.