Educators already don’t get paid enough, and those that work in preschools or daycares often make 48% less. Meanwhile, parents struggle to find great early education programs where kids receive enough attention and there’s space, but they don’t need special connections or to pass grueling admissions interviews to get in. Any time there’s a lousy experience people have an emotional connection to and spend a lot of money on, there’s an opportunity for a startup. Enter ‘Wonderschool‘, a company that lets licensed educators and caretakers launch in-home preschools or daycares. Wonderschool helps candidates get credentialed, set up their programs, launch their websites, boost enrollment, and take payments in exchange for a 10 percent cut of tuition. The startup is now helping run 140 schools in the SF Bay, LA, and NYC where parents are happy to pay to give their kids an advantage.
Andreesson Horowitz leads $20M round in Wonderschool's marketplace for in-home preschools
Linda Jung's living room has been taken over by six noisy, cheering, playful little children — their toys, their books, and their art. Brightly colored geometric shapes cover the walls, and an alphabet rug and train tracks lie where a coffee table or storage taller than three feet might have once been. None of the children are Jung's. Last year, Jung quit her job at a San Francisco Bay Area preschool, where she had been making about $50,000 a year, to launch a preschool out her two-bedroom apartment in the East Bay. Right now, she earns close to $80,000, with room to grow, and has plans to lease a home in the future so she can accommodate more students.
Wonderschool gets $2.1M to bring its early childhood programs to New York City
Wonderschool, a network of in-home daycare and preschools, plans to open 150 programs in New York City after raising $2.1 million in new funding. The capital comes from non-profit investment firm Omidyar Network, Be Curious Partners, Rethink Education, Edelweiss Partners and Learn Capital and brings the startup’s total raised so far to more than $4 million, including a seed round announced last summer. Headquartered in San Francisco, most of Wonderschool’s programs, or about 140, are in the Bay Area and Los Angeles. The startup already has 16 programs in New York City, which
Soldsie, The Service That Lets You Shop Via Facebook And Instagram Comments, Raises $4 Million
Soldsie, an e-commerce service enabling businesses to sell directly to their Facebook fans and Instagram followers through the comments section, has raised $4 million in Series A funding from First Round Capital, the company is announcing this morning. Others participating investors include SoftTechVC, Lerer Ventures, Correlation Ventures, Great Oaks Ventures, e.Ventures, 500 Startups and other individuals. Angels in the round included Ken Landis, Richard Gernstein, Greg Kidd, Tom Kelly, Prosper Nwampka, Seth Ginns and Christine Herron.