About WeeCare
WeeCare is a company based in Los Angeles (United States) founded in 2017 by Jesse Forrest and Matthew Reilly.. WeeCare has raised $21.2 million across 2 funding rounds from investors including Social Capital, Wavemaker Partners and Gopher Assets. The company has 35 employees as of December 31, 2020. WeeCare operates in a competitive market with competitors including Care.com, UrbanSitter, Winnie, Just Childcare and Kinside, among others.
- Headquarter Los Angeles, United States
- Employees 35 as on 31 Dec, 2020
- Founders Jesse Forrest, Matthew Reilly
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Sectors
ConsumerEducation Business Services
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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 Weecare, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$21.2 M (USD)
in 2 rounds
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Latest Funding Round
$17 M (USD), Series A
Feb 21, 2022
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Investors
Social Capital
& 7 more
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Employee Count
35
as on Dec 31, 2020
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Funding Insights of WeeCare
WeeCare has successfully raised a total of $21.2M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $17 million completed in February 2022. 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 A — $17.0M
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First Round
First Round
(02 Aug 2018)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series A - WeeCare | Valuation | M13 Company | |
| Aug, 2018 | Amount | Seed - WeeCare | Valuation | Social 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 WeeCare
WeeCare has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include Social Capital, Wavemaker Partners and Gopher Assets. 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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Equal Ventures is focused on investing in technology for legacy industries.
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Founded Year | Domain | Location | |
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Seed-stage tech-focused VC firm investing primarily in the US
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by M13 venture capital fund.
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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 WeeCare
| 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 - WeeCare
| 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 |
Weecare Comparisons
Competitors of WeeCare
WeeCare 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, Winnie, Just Childcare and Kinside, 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 |
Online childcare marketplace for parents to find early care and education
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| domain | founded_year | HQ Location |
Chain of day care nurseries for children
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| domain | founded_year | HQ Location |
Childcare membership solutions are offered to working parents.
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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 WeeCare
When was WeeCare founded?
WeeCare was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is WeeCare located?
WeeCare is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of WeeCare?
Jessica Chang is the current CEO of WeeCare.
Is WeeCare a funded company?
WeeCare is a funded company, having raised a total of $21.2M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4.2M, raised on Aug 02, 2018.
How many employees does WeeCare have?
As of Dec 31, 2020, the latest employee count at WeeCare is 35.
What does WeeCare do?
WeeCare was founded in 2017 in Los Angeles, United States, and operates as an online marketplace in the childcare sector. Home-based daycare services are connected with parents through its platform, which includes tools for licensing documentation, curriculum development, financial management, and parent-provider communication via a dedicated app. Operations focus on facilitating secure bookings and administrative support for providers.
Who are the top competitors of WeeCare?
WeeCare's top competitors include Care.com, UrbanSitter and Winnie.
Who are WeeCare's investors?
WeeCare has 8 investors. Key investors include Social Capital, Wavemaker Partners, Gopher Assets, Equal Ventures, and Fika Ventures.
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