Sittercity Receives $13,000,000 New Funding

  • Feed Type
  • Date
    11/18/2013
  • Company Name
    Sittercity
  • Mailing Address
    20 W. Kinzie St. Chicago , IL 60654
  • Company Description
    At Sittercity, our mission is to connect parents with caregivers in their area to give each side what they want – some time off for adults-only activities and access to a multitude of child and pet care jobs.
  • Website
    http://www.sittercity.com
  • Transaction Type
    Debt, Venture Equity
  • Transaction Amount
    $13,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Sittercity plans to use the latest funding, which includes existing investors Apex Venture Partners, Baird Venture Capital, I2A Funds, Point Judith Capital, Pritzker Group Venture Capital, State of Wisconsin Investment Board and new debt provider Square 1 Bank, to expand and strengthen its position as the leading solution for families seeking nannies, babysitters and other in-home care.
  • M&A Terms
  • Venture Investor
    Bright Horizons Family Solutions
  • Venture Investor
    Apex Venture Partners
  • Venture Investor
    Baird Capital
  • Venture Investor
    I2A
  • Venture Investor
    Point Judith Capital Partners
  • Venture Investor
    Pritzker Group Venture Capital
  • Venture Investor
    State of Wisconsin Investment Board
  • Venture Investor
    Square 1 Bank