
Bambino Technologies
Babysitting app that connects parents and sitters through recommendations from friends and neighbors.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | €0.0 | round | |
N/A | €0.0 | round | |
$1.0m | Series A | ||
Total Funding | 000k |
USD | 2019 | 2020 | 2021 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 14 % | 3 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Bambino Technologies, Inc. operates a mobile application platform focused on the childcare market, specifically connecting parents with local babysitters. The company was founded in 2015 by Sean Greene, who conceived the idea out of his personal challenge as a single father struggling to find trusted, last-minute childcare. Greene, a seasoned entrepreneur with a background in digital marketing and consumer engagement, drew from his experience as CEO of MatchCraft and in various roles at Dex Media to build a community-centric solution. His journey began with the realization that despite living in a dense neighborhood, there was no efficient way to connect with available sitters, leading to the creation of Bambino as a 'lifeline' for parents.
The platform's core business revolves around a mobile app that facilitates the finding, booking, and payment of babysitters. Its distinct market approach emphasizes trust and social proof by connecting users through their existing social networks. Parents can see sitters recommended by their friends and neighbors, view detailed profiles, read reviews, and see how they are connected through mutual acquaintances. The service is primarily aimed at parents seeking convenient and reliable childcare, from on-demand needs to planned events. Bambino's revenue model is two-tiered: it charges parents a booking fee for each transaction on its standard service, while also offering a premium subscription model. This premium tier provides benefits such as waived booking fees, the ability to book sitters on the same day, an extended booking window, and enhanced communication features. For babysitters, the platform is free to use, and they retain 100% of their earnings from the sit.
The Bambino app is engineered for simplicity and safety. All payments are handled directly through the app, eliminating the need for cash and automating the process based on the duration of the sit. Sitters set their own hourly rates, and the platform includes features for in-app messaging, sitter ratings, and background checks for sitters 18 and older. The company also offers a 'BambinoWorks' program, providing on-demand backup childcare solutions as an employee benefit for businesses, addressing disruptions in traditional childcare arrangements. The platform has undergone several funding rounds to fuel its expansion, including a notable $6 million seed round in late 2019, and has attracted investment from firms like Knudsen Capital and Florida Funders.
Keywords: childcare app, babysitting marketplace, peer-to-peer childcare, on-demand babysitting, neighborhood sitters, parent network, trusted sitters, childcare solutions, booking app, cashless payments, sitter recommendations, employee childcare benefits, Sean Greene, BambinoWorks, family support, local childcare, sitter reviews, background checked sitters, parent peace of mind, community-based childcare