About SmartCare
SmartCare is a company based in Edgewood (United States) founded in 2009 was acquired by Vanco Payment Solutions in January 2021.. SmartCare has raised $18.89 million across 3 funding rounds from investors including Vanco Payment Solutions, Marquette University and Lyrical Partners. SmartCare has completed 1 acquisition, including Preschool2me. SmartCare offers products and services including Center Management, Billing & Payment Processing, Enrollment System, and Mobile Apps. SmartCare operates in a competitive market with competitors including Brightwheel, Sdui, Procare Software, Kangarootime and Famly, among others.
- Headquarter Edgewood, United States
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Smartcare Os
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$18.89 M (USD)
in 3 rounds
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Latest Funding Round
$3.5 M (USD), Series B
Nov 11, 2021
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Investors
Vanco Payment Solutions
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Vanco Payment Solutions
(Jan 13, 2021)
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Products & Services of SmartCare
SmartCare offers a comprehensive portfolio of products and services, including Center Management, Billing & Payment Processing, Enrollment System, and Mobile Apps. 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.
Software for overseeing childcare operations and daily activities
Automates billing, payments, and financial reporting for centers
Handles online enrollment and waitlist management processes
Apps for parent-teacher communication and check-in features
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Funding Insights of SmartCare
SmartCare has successfully raised a total of $18.89M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $3.5 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 3
- Last Round Series B — $3.5M
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First Round
First Round
(17 Aug 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series B - SmartCare | Valuation | Marquette University |
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| Mar, 2018 | Amount | Series B - SmartCare | Valuation | Lyrical Partners | |
| Aug, 2016 | Amount | Series A - SmartCare | Valuation |
investors |
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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 SmartCare
SmartCare has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Vanco Payment Solutions, Marquette University and Lyrical 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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Private equity investments are managed by Charter Oak Equity.
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Founded Year | Domain | Location | |
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Dakota Capital is engaged in private equity investments for growing companies.
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Founded Year | Domain | Location | |
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Marquette University is recognized as a Catholic, Jesuit institution providing higher education in Milwaukee, Wisconsin.
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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 SmartCare
SmartCare has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Preschool2me. 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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Communication and management tool for day-care centers to interact with parents
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2013 |
| 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 - SmartCare
| 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 |
Smartcare Comparisons
Competitors of SmartCare
SmartCare 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, Procare Software, Kangarootime and Famly, 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 |
Childcare management software is provided for preschools and daycares.
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| domain | founded_year | HQ Location |
Provider of management solutions for childcare professionals
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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 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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Frequently Asked Questions about SmartCare
When was SmartCare founded?
SmartCare was founded in 2009 and raised its 1st funding round 7 years after it was founded.
Where is SmartCare located?
SmartCare is headquartered in Edgewood, United States. It is registered at Edgewood, Maryland, United States.
Is SmartCare a funded company?
SmartCare is a funded company, having raised a total of $18.89M across 3 funding rounds to date. The company's 1st funding round was a Series A of $9.39M, raised on Aug 17, 2016.
What does SmartCare do?
Cloud-based childcare center management solution. It connects parents, child care center owners, directors and teachers in real-time through a mobile or a web-based interface. The product takes inputs from multiple points such as, sign-insign-out kiosk for parents and teachers, mobile interfaces for classroom-based teachers, and iPads for directors, which enables optimized child care management. The product enables parents to track the activities of their children in real-time and upload their photos and videos on social networking platforms. The product offers features such as billing, scheduling, accounting, reporting, etc.
Who are the top competitors of SmartCare?
SmartCare's top competitors include Brightwheel, Sdui and Procare Software.
What products or services does SmartCare offer?
SmartCare offers Center Management, Billing & Payment Processing, Enrollment System, and Mobile Apps.
How many acquisitions has SmartCare made?
SmartCare has made 1 acquisition, including Preschool2me.
Who are SmartCare's investors?
SmartCare has 5 investors. Key investors include Vanco Payment Solutions, Marquette University, Lyrical Partners, Charter Oak Equity, and Dakota Capital.
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