Nanny sharing platform Koru Kids snags £600,000 in seed funding
Platform launches in London today and has already announced plans to cross the Atlantic and launch in San Francisco and New York
Koru Kids, the nanny sharing platform, has raised £600,000 in seed funding, led by Global Founders Capital, with participation from 7percent Ventures, the co-founders of Entrepreneur First and Gumtree founder Michael Pennington.
Founded by Rachel Carrell, Euston-based Koru Kids helps nanny sharing between families who have a full-time nanny and families looking for a part-time nanny.
The platform, which has secured 1,000 users to date, requires parents to enter their postcode and specific requirements to be matched to a suitable nanny.
Koru Kids claims that nannies could earn an extra £5,000 to £6,000 per year on average by sharing their duties for just 25 hours per week.
The platform has officially launched today in London, with plans to move into international markets including San Francisco and New York already underway.
Carrell commented: “We made a conscious decision that this would be a matching service rather than a listing.
“Parents kept saying they didn’t want yet another website they had to trawl through – that was the word that kept coming up, ‘trawl’. This is much more time-efficient for them.“
Pennington added: “Through Gumtree I’m very aware how parents struggle to find quality childcare and nannies.
“Koru Kids is a great opportunity for parents to socialise their children with other children from like-minded families at the same time as reducing the cost of having a nanny.“