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Sharing economy for childcare

Sharing economy for childcare

For working parents seeking infant childcare, CozyKin provided personal care by matching families to share a Montessori-trained nanny with modern tools. The platform raised over $8 million in venture capital and was acquired by Higher Ground Education in 2020. (businesswire.com/news/home/20200312005422/en/Higher-Ground-Acquires-Nanny-Sha…)

“Who will take care of my baby when I go back to work?” Millions of new mothers in America asked this question every year as they increasingly plan to return to the workforce earlier and earlier. Millennial families struggle to find the right care due to the shortage of childcare, complexity of the search and their increasing desire for cognitively-appropriate care.

CozyKin ran the two-sided market between new families and great nannies. Families were grouped based on location, schedule and preferences. CozyKin-employed nannies cared for 2-3 infants at the same time in the private home of these families.

For parents, we delivered better quality, convenience, socialization and value than daycares or nannies. We backed this up with easy-to-use tech, 24/7 customer support and our 100% satisfaction guarantee.
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Jeremy Au

Avatar for Jeremy Au
Sold @CozyKin ($8M raised). Bootstrapped @Conjunct Consulting (>100 clients). Hustle & strategy (@Bain & Company, Army). Harvard MBA, Berkeley, Forbes 30 Under 30
Co-Founder @CozyKin: sharing economy for childcare. Co-director MIT Hacking Medicine '15-'17 (@mithackmed). Massachusetts Institute of Technology.
Total raised

$8M

Funded over

4 rounds

Latest round

Acquired (Mar 2020)

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Subsidised childcare

Professional development opportunities through weekly lunch and learns

Volunteering opportunities with children