About Sittercity
Sittercity is a company based in Chicago (United States) founded in 2001 was acquired by Bright Horizons Family Solutions in August 2020.. Sittercity has raised $43.1 million across 5 funding rounds from investors including Bright Horizons Family Solutions, Square 1 Bank and Apex Venture Partners. The company has 38 employees as of December 31, 2022. Sittercity has completed 2 acquisitions, including AssistedLivingSource and Homecareprofile. Sittercity offers products and services including Babysitting Service, Nanny Service, Special Needs Care, Tutoring Service, and Senior Care. Sittercity operates in a competitive market with competitors including Care.com, UrbanSitter, Papa, The Helper Bees and Honor, among others.
- Headquarter Chicago, United States
- Employees 38 as on 31 Dec, 2022
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Sectors
ConsumerHealthcare Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sittercity Incorporated
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$43.1 M (USD)
in 5 rounds
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Latest Funding Round
$4.5 M (USD), Debt – Conventional
Dec 03, 2013
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Investors
Bright Horizons Family Solutions
& 9 more
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Employee Count
38
as on Dec 31, 2022
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Investments & Acquisitions
AssistedLivingSource
& 1 more
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Acquired by
Bright Horizons Family Solutions
(Aug 09, 2020)
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Products & Services of Sittercity
Sittercity offers a comprehensive portfolio of products and services, including Babysitting Service, Nanny Service, Special Needs Care, Tutoring Service, and Senior Care. 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.
Provides occasional help for child care needs like date nights.
Offers regular support for after-school and weekday child care.
Delivers specialized care for children with individual requirements.
Focuses on educational support in subjects like math and reading.
Provides care services for seniors to meet their daily needs.
Offers pet sitting and care for various animal needs.
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Funding Insights of Sittercity
Sittercity has successfully raised a total of $43.1M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $4.5 million completed in December 2013. 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 5
- Last Round Debt – Conventional — $4.5M
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First Round
First Round
(30 Jan 2009)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2013 | Amount | Debt – Conventional - Sittercity | Valuation |
investors |
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| Nov, 2013 | Amount | Series C - Sittercity | Valuation | Bright Horizons Family Solutions | |
| Apr, 2011 | Amount | Series B - Sittercity | Valuation | Pritzker Group , Baird Capital |
| 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 Sittercity
Sittercity has secured backing from 10 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Bright Horizons Family Solutions, Square 1 Bank and Apex Venture Partners. 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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VC firm investing in seed and growth stage companies in North America
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Founded Year | Domain | Location | |
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Global private equity and venture capital investments in B2B Tech & Services companies.
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Founded Year | Domain | Location | |
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Investments in SaaS, marketplace, and middle market companies are managed.
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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 Sittercity
Sittercity has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include AssistedLivingSource and Homecareprofile. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Caregiving facilities are listed on an online platform.
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2008 | ||||
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Caregiving facilities are listed through an online platform.
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2003 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sittercity
| 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 |
Sittercity Comparisons
Competitors of Sittercity
Sittercity 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 Care.com, UrbanSitter, Papa, The Helper Bees and Honor, 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 |
An app-based marketplace for caregivers is operated.
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| domain | founded_year | HQ Location |
Find Babysitters through Social Recommendation
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| domain | founded_year | HQ Location |
Senior members are connected with caregivers through a digital platform.
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| domain | founded_year | HQ Location |
Seniors are matched with caregivers through an online platform.
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| domain | founded_year | HQ Location |
Provider of home care and senior care services
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| domain | founded_year | HQ Location |
Professional caregivers are matched with home care clients online.
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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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Frequently Asked Questions about Sittercity
When was Sittercity founded?
Sittercity was founded in 2001 and raised its 1st funding round 8 years after it was founded.
Where is Sittercity located?
Sittercity is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is Sittercity a funded company?
Sittercity is a funded company, having raised a total of $43.1M across 5 funding rounds to date. The company's 1st funding round was a Series B of $22.6M, raised on Jan 30, 2009.
How many employees does Sittercity have?
As of Dec 31, 2022, the latest employee count at Sittercity is 38.
What does Sittercity do?
Marketplace platform for caregivers. The company allows users to find local caregivers, including babysitters, nannies, special needs sitters, care companions and pet sitters.
Who are the top competitors of Sittercity?
Sittercity's top competitors include Care.com, Papa and UrbanSitter.
What products or services does Sittercity offer?
Sittercity offers Babysitting Service, Nanny Service, Special Needs Care, Tutoring Service, and 2 more products and services.
How many acquisitions has Sittercity made?
Sittercity has made 2 acquisitions, including AssistedLivingSource, and Homecareprofile.
Who are Sittercity's investors?
Sittercity has 10 investors. Key investors include Bright Horizons Family Solutions, Square 1 Bank, Apex Venture Partners, Baird Capital, and Pritzker Group.
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