Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe Log In

Wonderschool raises $20 million to launch preschools and childcare centers

The in-home preschool startup Wonderschool announced in January that it had raised $2.1 million, with backing from the likes of Omidyar Network. Seven months later, it has closed $20 million, led by Andreessen Horowitz. Omidyar, Gary Community Investments and First Round Capital also backed the new round.

Wonderschool launched two years ago to help educators and caretakers launch their own preschools and daycares. The company’s software platform helps educators and caretakers get credentials, set up websites, market their programs and collect tuition. Wonderschool takes a 10% cut of tuition.

The company  claims its early childhood educators can earn multiples more than standard preschool teacher salaries, which sometimes are so low that early childhood educators “qualify for public benefits.”

Wonderschool has helped launch 140 schools in San Francisco, New York and L.A.

You might also like...