CozyKin, a Boston, MA-based childcare provider of Montessori-inspired nanny sharing and infant childcare services, completed a $6m Series A funding.
The round was led by Bessemer, with participation from NextView Ventures and Primary Venture Partners.
The company intends to use the funds to expand to additional markets, starting with New York City this spring, hire key staff, and develop strategic corporate partnerships.
Led by Jeremy Au and Tatyana Gubin, CozyKin matches two compatible, local families with a rigorously vetted and trained nanny. The company handles all the logistics from finances and nanny management to backup care, giving parents a stress-free experience.
With CozyKin, parents receive guaranteed care and can reserve childcare months in advance or in as little as four weeks.
To further support families, the service provides a dedicated care concierge to manage daily care. The company also employs all of their nannies and empowers them with W-2 employment, including competitive wages, paid time off including parental leave, health benefits, workers compensation and ongoing professional development in early childhood education.
FinSMEs
20/05/2019