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Chris Bennett's Wonderschool Raises $25M Series B Round To Combat The National Childcare Crisis

Chris Bennett’s childcare management platform Wonderschool is ready to tackle the national childcare crisis. According to a press release, $25 million was raised in a Series B round led by Goldman Sachs for Wonderschool. Citi Impact Fund, Andreessen Horowitz, Uncork Capital, Unusual Ventures, Imaginable Futures, and Gaingels also participated in the round. The funds will help Wonderschool’s childcare program provide flexible and top-of-the-line care for children and families with the help of its childcare entrepreneurs. “Child care is, perhaps, our most important public investment. And yet, we have historically relied on a fragmented, outdated system to make good on its promise,” said Bennett , co-founder and CEO, of Wonderschool in a press release. “Policymakers have precious little data to understand where public funds are having an impact. Empowering providers to serve families and children and providing state leaders with better data to understand what’s happening are two sides...

Jan 11, 2022

Wonderschool Just Raised $20M To Help Educators Launch In-Home Preschools

Between the anxieties that come with finding the perfect place for childcare and the struggles that come with affording it, Wonderschool saw a problem that needed solving. Wonderschool is a resource for people trying to start preschools or offer childcare from their homes. The startup helps educators with marketing, website launches, and even the more complicated things like licensing. There are also bootcamp and mentorship services that customers can sign up for. The network of boutique in-home early childhood programs just recently closed a $20M Series A round led by Andreessen Horowitz which, according to Tech Crunch , puts the company at $24.1 million in total funding just two years after launching. It’s no secret that preschool and daycare workers make low wages. According to the Bureau of Labor Statistics, pre-school teachers made $28,990 in May 2017, while kindergarten teachers made $54,230 and elementary school teachers made $57,160. Cofounders Chris Bennett and Arrel Gray...

Aug 16, 2018