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Acquisition of EarlyDay by Wonderschool, backed by a16z

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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.

Unlocking the US: A Guide for Australian Startups Breaking into the American Market

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Equity Down Under: How Australian startups can crack the US marketListen here or wherever you get your podcasts. Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. For this episode of Equity, we spoke to two Aussie VCs: Dan Krasnostein of Square Peg and Gabrielle Munzer of Main Sequence. Connect with Equity on X and Threads @EquityPod, and keep up with all of TechCrunch’s podcasts @TechCrunchPods on TikTok. Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts.