$20M for Care.com

Care.com, a Waltham, MA-based firm that operates a website for rating family care services such as babysitters, tutors, and senior care providers, said today it has brought in $20 million in funding. New Enterprise Associates led the financing, which included return backers Matrix Partners and Trinity Ventures. Founded in 2006, Care.com provides ratings on various service providers, background check reports, and additional information to help people make informed decisions about who they hire to take care of their kids, elderly parents, pets, and homes, among other things.

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2 responses to “$20M for Care.com”

  1. ex-care.com user says:

    Care.com is the most unprofessional site out there. I’m a teacher, an Ivy league grad, a mom, and a nanny for over 15 years. I was terminated from the site for absolutely NO reason. I ran a daycare of 200 children for years, I have NO criminal background, am OCC and ECC certified, and was unlawfully terminated for no reason. Nannies watch out for them, this is a sketchy site.

  2. Franca Condo says:

    Its obvious that Care.com believes it can raise tons of money ($110 million thus far) and buy up the business without any experience at operating such a service.