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Goldman Sachs Leads $25 Million Investment In Tech Platform Taking On The National Childcare Crisis

Jan 11, 2022over 3 years ago

Amount Raised

$25 Million

Tel Aviv

Description

Wonderschool, the fast-growing childcare management platform, today announced it has raised $25 million to reduce "childcare deserts" by scaling access to high-quality, flexible care for children and families. The Series B round was led by Goldman Sachs as part of its One Million Black Women initiative, a $10 billion commitment to narrow opportunity gaps for Black women over the next decade. Citi Impact Fund also joined the round, along with participation from existing investors including Andreessen Horowitz, Uncork Capital, Unusual Ventures, Imaginable Futures, and Gaingels.

Company Information

Company

Tech

Location

Tel Aviv, Tel-Aviv District, Israel

About

Each portfolio company will receive a non-dilutive business package including office space in the Awz X-Seed hub and advanced marketing, business development, and technology mentorship services provided by the hub's in-house professional team.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech