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NeighborSchools

25 1st St, Cambridge, Massachusetts, 02141, United States

Overview

NeighborSchools is a Boston, MA-based child care tech startup that blends technology and community to help early childhood educators go independent, get licensed, and open micro-daycares in their homes. Its daycare-in-a-box platform handles compliance, marketing, finance, and back-office requirements for educators. The company has launched over 70 home daycares across 10 markets and has helped more than 30,000 parents in their child care search. NeighborSchools raised $5M in a round that brings total fundraising to $9M. The round was led by Accomplice with participation from Chelsea Clinton's Metrodora Ventures, HannahGrey, and 186 Ventures. The company, led by CEO Brian Swartz and COO Bridget Garsh, intends to use the funds to scale its model and expand to ten new states in 2022. NeighborSchools operates a platform that assists prospective and existing home daycare providers with licensing, set‑up and business operations so they can run sustainable, licensed home daycares. The company connects parents to thousands of licensed home daycares throughout Massachusetts and says partnered Providers can double their income while offering care about 30% more affordable than large, center‑based programs. NeighborSchools focuses on empowering people passionate about early childhood development to become small business owners and on building a community and platform tailored to both Providers and parents. The platform frees Providers to focus on nurturing children by handling administrative and business tasks. The company was founded in 2018 and is based in Massachusetts/Boston. NeighborSchools plans to use new funding to expand throughout the region and accelerate its vision to make the platform the go‑to way for parents to discover and connect with licensed home daycares.

Total raised
$9M
Funding rounds
2
Latest round
Equity
Latest activity
Apr 2022

Industries

  • Child Care
  • Children
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Recent funding

  1. Equity

    Apr 2022

    $5M

  2. Seed

    Nov 2019

    $4M

Team