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Press20 May 2019

CozyKin raises $6 million to expand its childcare offering

Business Wire press release

What was covered

CozyKin announced a $6 million Series A led by Bessemer to expand its Montessori-inspired nanny-sharing service, with New York next. Jeremy is quoted as co-founder on creating the leading childcare choice for modern parents.

Key points

  • $6M Series A led by Bessemer Venture Partners
  • Funds earmarked for new markets, hiring and corporate partnerships; New York expansion planned for spring
  • Traction cited: hundreds of families matched in Boston, 10x year-over-year growth
  • Described as the largest infant childcare service in Massachusetts
  • Won the MassChallenge grand prize in 2017

Summary written from the publisher’s show notes. The audio itself wasn’t transcribed, so listen at the original for the full conversation.