Expanding Childcare Support Service — US Parent Tech's Total Funding This Year More Than Doubled Last Year | BRIDGE Technology & Startup Information

＜Pickup＞ Parent-tech startups on the rise with VCs after pandemic upheaval

Key Takeaway: According to Pitchbook data, total parent tech startup funding in the US in 2021 was about US$1.4 billion. This amount is larger than the total amount raised by the category over the past four years, and more than doubled last year's 2020 total of approximately US$670 million.

Details: Against the backdrop of the increasing number of women working at venture companies and the challenges of caring for children when daycare centers are closed during the lockdown due to the corona crisis, a service for parents who raise children "Parent Tech" ' is in the spotlight.

While we are happy that parent tech is finally getting some attention, we also believe there is still a lot of unexplored territory that can help parents. My life is filled with millions of small tasks, like my kids practicing soccer, printing out homework, and paying tuition on time.

Background: According to McKinsey's latest report, the childcare sector is estimated to be worth US$136 billion in 2019.

Written by Risako Taira / Edited by Masashi Ikeda

via Pitchbook

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