UrbanSitter Status
The company raised $17 million of Series C venture funding in a deal led by Advance Venture Partners on October 6, 2017, putting the company's pre-money valuation at $23 million. Canaan Partners, Aspect Ventures, DBL Investors, First Round Capital, Menlo Ventures and Rustic Canyon Partners also participated in the round. The funds will be used to expand to new U.S. cities, including Atlanta, Austin, Dallas, Portland and Sacramento and introduce new features, such as allowing parents to find, screen and book recurring caregivers, such as nannies.
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