About Hi Mama
Hi Mama is a company based in Toronto (Canada) founded in 2013 by Ron Spreeuwenberg and Alana Frome. It operates as a SaaS, and B2B. Hi Mama has raised $61.07 million across 2 funding rounds from investors including BDC, Bain Capital Double Impact and Round13 Capital. Hi Mama offers products and services including Lillio Software, Billing Service, and Curriculum Kits. Hi Mama operates in a competitive market with competitors including Brightwheel, Sdui, Famly, Procare Software and Unifa, among others.
- Headquarter Toronto, Canada
- Founders Ron Spreeuwenberg, Alana Frome
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Sectors
Education
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$61.07 M (USD)
in 2 rounds
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Latest Funding Round
$55.64 M (USD), Series B
Nov 18, 2021
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Investors
BDC
& 2 more
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Employee Count
Employee Count
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Products & Services of Hi Mama
Hi Mama offers a comprehensive portfolio of products and services, including Lillio Software, Billing Service, and Curriculum Kits. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for administrative tasks and curriculum delivery in childcare.
Tool to simplify billing and payments for childcare centers.
Delivery of developmentally appropriate curriculum materials.
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Funding Insights of Hi Mama
Hi Mama has successfully raised a total of $61.07M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $55.64 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $55.6M
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First Round
First Round
(09 Apr 2019)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series B - Hi Mama | Valuation | Bain Capital Double Impact | |
| Apr, 2019 | Amount | Series A - Hi Mama | Valuation | Round13 |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Hi Mama
Hi Mama has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include BDC, Bain Capital Double Impact and Round13 Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Impact investing in health, education, and sustainability with a focus on financial and social returns.
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Founded Year | Domain | Location | |
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Round13 Capital is engaged in venture capital investments across Canada.
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Founded Year | Domain | Location | |
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Commercial banking services for small and medium-sized enterprises are provided.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Hi Mama
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Hi Mama
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hi Mama Comparisons
Competitors of Hi Mama
Hi Mama operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Brightwheel, Sdui, Famly, Procare Software and Unifa, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform for preschool management and parent updates is offered.
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| domain | founded_year | HQ Location |
A communication platform is offered for parents, teachers, and students.
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| domain | founded_year | HQ Location |
Cloud-based early childhood platform for kindergartens and families
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| domain | founded_year | HQ Location |
Childcare management software is provided for preschools and daycares.
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| domain | founded_year | HQ Location |
Childcare management software is delivered through an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Hi Mama
Frequently Asked Questions about Hi Mama
When was Hi Mama founded?
Hi Mama was founded in 2013 and raised its 1st funding round 6 years after it was founded.
Where is Hi Mama located?
Hi Mama is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Hi Mama?
Ron Spreeuwenberg is the current CEO of Hi Mama. They have also founded this company.
Is Hi Mama a funded company?
Hi Mama is a funded company, having raised a total of $61.07M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.43M, raised on Apr 09, 2019.
What does Hi Mama do?
Lillio is a software platform designed to assist childcare centers with administrative tasks, simplify billing, and provide curriculum aligned to educational standards. It enhances parent communication and supports educators in delivering quality early childhood programs. Based in North America, it serves thousands of centers by streamlining operations and improving efficiency through user-friendly tools.
Who are the top competitors of Hi Mama?
Hi Mama's top competitors include Brightwheel, Sdui and Procare Software.
What products or services does Hi Mama offer?
Hi Mama offers Lillio Software, Billing Service, and Curriculum Kits.
Who are Hi Mama's investors?
Hi Mama has 3 investors. Key investors include BDC, Bain Capital Double Impact, and Round13 Capital.
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