earlyday

Acquisition of EarlyDay by Wonderschool, backed by a16z

Equity Podcast 2019 Phone 4
Wonderschool, a startup that provides software and support to help individuals and local governments spin up childcare businesses, has acquired EarlyDay, which operates an early childhood educator marketplace. TechCrunch has covered Wonderschool since its infancy, including both of its seed rounds and its Series A (led by Andreessen Horowitz). Back in early 2022, Wonderschool raised a $25 million Series B at a $165 million post-money valuation, according to Crunchbase data. Indeed, a quick search for “childcare crisis” will show you just how worried parents of young kids are and how strapped they are for affordable options. If the Wonderschool-EarlyDay deal works out, we could see an increase in the supply of childcare services.