Английская Википедия:Care.com

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Care.com is an online marketplace for families to find childcare, senior care, care for those with special needs, care for home, tutoring support and pet care. It is also a two-sided marketplace allowing caregivers to find jobs. Through its enterprise arm, Care for Business, the company provides employers with caregiving benefits for their employees. Enterprise clients include Google, Facebook, Starbucks and BestBuy.[1][2][3]

The company is headquartered in Austin, Texas, with offices in New York, Shelton, Berlin and Germany.[4] The company raised $111 million in venture funding[5] before going public on January 24, 2014.[6] Care.com was bought by IAC in February 2020 and is no longer publicly traded.[7][8]

As of June 2023, Brad E. Wilson is the CEO of the company.[9]

History

Care.com was started by Sheila Lirio Marcelo, who came up with the idea when she had trouble finding care for her children and aging parents.[10] [11] The platform helps match families to caregivers fitting their needs, including nannies, sitters, senior care providers, pet care providers, tutors and housekeepers.[12][13][14] The company provides two kinds of membership, basic and premium and also allows families to book caregivers on demand.[15][16] [17]

In 2007, Care.com raised $3.5 million in a Series A funding round from Matrix Partners with participation from Reid Hoffman.[18] Media reported allegations that Marcelo had met other companies in order to use their information to start Care.com, however, a spokesperson for Matrix denied any claims of unfair treatment.[19]

In 2012, Care.com launched in the United Kingdom and Canada, and acquired Berlin-based Betreut.de, giving it a footprint in more than a dozen Western European countries.[20][21] In 2013, the Care.com app Karoo received a Webby Award under the social (handheld devices) category.[22] The app was later withdrawn.[23]

In November 2013, Care.com filed for an initial public offering with details of the IPO first revealed a month later.[24][25]

Prior to its IPO in January 2014, Care.com had raised $111 million in funding from investors including Matrix Partners,[18][26] Trinity Ventures,[27][28] New Enterprise Associates,[29] USAA,[30] and Institutional Venture Partners (IVP).[31] In January 2014, the company reportedly planned to raise $85.6 million by offering 5.35 million shares, at $14 to $16 each, on the New York Stock Exchange under the symbol "CRCM".[24][32] On January 23, 2014, 5.35 million shares were priced at $17.[33] Care.com went public on January 24, 2014, with shares priced at $22.55, up about 30 percent from its initial pricing.[34] It was the first Boston venture-funded technology company to go public in almost two years.[24]

In 2015, The Boston Globe reported about a couple defrauded by a nanny who had cleared the site's screening processes as well as other instances where families in the United States were suing the company for alleged negligence in properly conducting background checks.[35] In March 2019, The Wall Street Journal reported that the site listed day care providers as licensed in their state when they were not.[36][37] Care.com responded by eliminating unverified childcare listings created automatically but never claimed by the facility owner from the site and strengthening member screening procedures.[38][39][37]

In December 2019, IAC announced its intention to acquire Care.com for $500 million and completed the acquisition on February 11, 2020, at which time Care.com ceased trading on the NYSE. As part of the deal, IAC executive Tim Allen became CEO of Care.com.[40] During the COVID19 pandemic, the company enabled several states, municipalities and non-profits to help frontline workers in those communities find care for their families.[41][42][43] In 2022, the company also introduced on-demand childcare services.[44]

Publications

Since 2013, Care.com has released Cost of Care, an annual proprietary research report covering cost of child care trends borne by families in the US per year, along with cost-saving strategies for child care needs.[45][46]

Since 2021, the company has also conducted research to understand the changing dynamics and impact of care in the workplace.[47]

Acquisitions

Company Year
Breedlove & Associates[48][49] 2012
Besser Betreut GmbH.[50] 2012
Parents in a Pinch[51] 2012
Citrus Lane[52][53] 2014
Town + Country Resources[54] 2018
Galore[55] 2018
Trusted[55] 2018
LifeCare[56] 2020

References

Шаблон:Reflist

Шаблон:IAC

  1. Serena Saitto & Lee Spears, “Care.com Said to Pick Morgan Stanley as Lead Bank for IPO Шаблон:Webarchive”, Bloomberg.com, August 7, 2013.
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  5. Brian Womack, "Care.com Raises $50 Million in Fifth Round of VC Funding Шаблон:Webarchive," Bloomberg Businessweek, August 7, 2012.
  6. Jordan Graham, "Experts: Care.com IPO shows Boston’s Web savvy Шаблон:Webarchive," Boston Herald, January 24, 2014.
  7. Шаблон:Cite web
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  10. Beth Pitts, "Sheila Marcelo, Founder & CEO, Care.com, on Raising $111m Шаблон:Webarchive," The NextWomen magazines, February 5, 2013.
  11. Susan Chaityn Lebovits, "Tapping Web of caregivers Шаблон:Webarchive," Boston Globe, December 9, 2007.
  12. Dan Kaplan, "Care.com, one-stop shop for child, pet, and elderly care Шаблон:Webarchive," VentureBeat, August 1, 2007.
  13. Cindy Atoji Keene, "Online solutions for real life hassles Шаблон:Webarchive," Boston Globe, May 19, 2013.
  14. Kyle Alspach, "Care.com files confidentially for IPO next year (report) Шаблон:Webarchive," Boston Business Journal, November 25, 2013.
  15. Daryl Nelson, "Care.com: Is it the Craiglist of the future? Шаблон:Webarchive" ConsumerAffairs, January 21, 2013.
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  17. April Rueb, “Paying Your Babysitter Шаблон:Webarchive,” Parents Magazine blog, April 17, 2011.
  18. 18,0 18,1 Om Malik, “Reid Hoffman invests in Care.com Шаблон:Webarchive,” GigaOm, July 30, 2007.
  19. Scott Kirsner, "The Backstory: On Care.com, Sittercity, Entrepreneurs, and Entrepreneurs-in-Residence Шаблон:Webarchive," Boston.com, November 23, 2009.
  20. Olivia Solon, “Carer marketplace Care.com launches in UK Шаблон:Webarchive”, Wired UK, April 19, 2012.
  21. Jamillah Knowles, "Online care-giving firm Care.com scores $50m round to fuel international expansion Шаблон:Webarchive," The Next Web, August 7, 2012.
  22. The 17th Annual Webby Awards Шаблон:Webarchive. The Webby Awards Homepage.
  23. "Karoo home page Шаблон:Webarchive," Care.com web site
  24. 24,0 24,1 24,2 Kyle Alspach, "Care.com sets IPO share range at $14-$16; could raise up to $86M Шаблон:Webarchive," Boston Business Journal, January 10, 2014.
  25. Rebecca Grant, “Care.com raising $80M IPO to capture early (and massive) care market Шаблон:Webarchive,” Venture Beat, December 12, 2013.
  26. Matt Marshall, "Caring.com, a site for caregivers, to launch this week Шаблон:Webarchive," VentureBeat, September 20, 2007.
  27. James M. Connolly, "Care.com raises $25 million with insurer USAA as corporate VC Шаблон:Webarchive," Boston Business Journal, October 12, 2011.
  28. "Care.com, Inc. Obtains $9,999,900 New Financing Round Шаблон:Webarchive," Xconomy.com.
  29. Leena Rao, "Care.com Raises $20 Million To Connect You To Nannies, Babysitters And Caregivers Шаблон:Webarchive," TechCrunch, October 12, 2010.
  30. James M. Connolly, “Care.com raises $25 million with insurer USAA as corporate VC Шаблон:Webarchive,” Boston Business Journal, October 12, 2011.
  31. Brian Womack, “Care.com Raises $50 Million in Fifth Round of VC Funding Шаблон:Webarchive,” Bloomberg Businessweek, August 7, 2012.
  32. Ben Fox Rubin, "Care.com Sets IPO Range at $14 to $16 a Share Шаблон:Webarchive," Wall Street Journal, January 10, 2014.
  33. Kyle Alspach, "Care.com prices IPO above forecast, ends Boston's VC-backed tech IPO drought Шаблон:Webarchive," Boston Business Journal, January 23, 2014.
  34. Russ Britt, "Care.com shares surge by a third on care finder’s first day of trading Шаблон:Webarchive," MarketWatch, January 24, 2014.
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  40. Elly Cosgrove, "Care.com shares surge after Barry Diller’s IAC agrees to buy online caregiver marketplace Шаблон:Webarchive," CNBC, December 20, 2019.
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  48. Chris Reidy, “Care.com acquires Breedlove & Associates Шаблон:Webarchive,” Boston Globe, August 21, 2012.
  49. Kyle Alspach, “Care.com acquires payroll biz Шаблон:Webarchive,” Mass High Tech, August 21, 2012.
  50. Brian Womack, “Care.com Acquires Besser Betreut as Website Expands Internationally,” Bloomberg.com, July 11, 2012.
  51. Chris Reidy, “Care.com buys Parents in a Pinch Шаблон:Webarchive,” Boston Globe, January 15, 2013.
  52. "Care.com acquires Citrus Lane Шаблон:Webarchive", Care.com, July 17, 2014.
  53. "Care.com shutting down e-commerce firm it previously acquired Шаблон:Webarchive", bizjournals.com, October 29, 2015.
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