What is Care.com?
Care.com, Inc. operates a sophisticated online marketplace designed to streamline the lifecycle of family care needs. By facilitating connections between families and caregivers, the platform provides a robust ecosystem for vetting, qualifying, and managing caregiving relationships. Beyond simple matching, the company offers integrated consumer payment solutions, employer-focused care benefits via Care@Work, and specialized recruiting tools for care-related businesses. Its market position is defined by its dual-sided platform, which empowers families to manage complex household logistics while providing caregivers with a professional venue to market their skills and secure employment opportunities.
How much funding has Care.com raised?
Care.com has raised a total of $245.8M across 7 funding rounds:
Series A
$3.5M
Series B
$10M
Series C
$20M
Series D
$25M
Series E
$50M
Stock Offering
$91M
Private Equity
$46.4M
Series A (2007): $3.5M with participation from Andy Payne, Reid Hoffman, and Matrix Partners
Series B (2008): $10M led by Matrix Partners and Trinity Ventures
Series C (2010): $20M supported by Matrix Partners, Trinity Ventures, and New Enterprise Associates
Series D (2011): $25M featuring USAA, Matrix Partners, and Trinity Ventures
Series E (2012): $50M backed by Matrix Partners, Institutional Venture Partners, Trinity Ventures, and New Enterprise Associates
Stock Issuance/Offering (2014): $91M, investors not publicly disclosed
Private Equity (2016): $46.4M led by Google Capital
Key Investors in Care.com
Matrix Partners
Headquartered in Chicago, Matrix Partners is an award-winning firm that specializes in pet product strategy, advertising and public relations. Passionate About PetsSM since 1987, Matrix has created successful marketing campaigns for hundreds of consumer and pet product brands.
Trinity Ventures
Trinity Ventures is an early-stage investment firm dedicated to supporting mission-driven entrepreneurs and transforming their ambitious visions into reality. The firm invests in a diverse range of industries, focusing on building high-impact businesses.
New Enterprise Associates
Established in 1977 and headquartered in Menlo Park, California, New Enterprise Associates is a venture capital firm focused on helping entrepreneurs build businesses.
What's next for Care.com?
With the support of its latest capital infusion, Care.com, Inc. is positioned to further optimize its digital infrastructure and expand its reach within the enterprise care market. The company's strategic focus remains on enhancing its consumer matching algorithms and deepening its penetration into the Care@Work segment, which serves as a vital bridge between corporate benefits and employee household needs. As the demand for flexible, vetted care solutions continues to rise, the firm is expected to leverage its established network to drive operational efficiencies and explore new verticals within the broader family services economy.
See full Care.com company page
