Overview

Raised to Date: Raised: $1,070,000

Deal Terms

Investment Momentum

Company Profile

Deal Summary

Funding History

Growth Charts

Total Commitments ($USD)

Platform

Republic

Start Date

08/12/2019

Close Date

12/31/2019

Min. Goal

$25,000

Max. Goal

$1,070,000

Min. Investment

$50

Security Type

SAFE

SEC Filing Type

RegCF    

Valuation Cap

$9,000,000

Discount

10%

Rolling Commitments ($USD)

Status

Funded

Reporting Date

12/30/2019

Days Remaining

Funded

% of Min. Goal

Funded

% of Max. Goal

Funded

Likelihood of Max

Funded

Avg. Daily Raise

$7,643

# of Investors

5,632

Momentum

Funded

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Nanno

Year Founded

2016

Industry

Consumer Products, Goods & Services

Tech Sector

MarketplaceTech

Location

Denver, Colorado

Company Website

Nanno, with a valuation cap of $9 million, is raising funds on Republic. The Nanno platform provides a connection between baby sitters and parents on demand. It allows parents to set their criteria for the caregivers they require and matches them with the suitable sitters. The bookings and payments are done over the platform, and Nanno charges 20%-30% of the gross revenue from bookings as commission. Nanno was founded by Liz Oertle and Desi McAdam in May 2016 and has raised $450,000 since its founding. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $1,070,000. Nanno was launched nationally in 2018 and is already present in 45 states. The company’s revenue is over $350,000 annually, and it has over 15,000 users.

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Raise History

Offering Name	Close Date	Platform	Valuation/Cap	Total Raised	Security Type	Status	Reg Type
Nanno	01/27/2022	Republic	$11,000,000	$0	SAFE	Not Funded	RegCF
Nanno	12/30/2019	Republic	$9,000,000	$1,070,000	SAFE	Funded	RegCF

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• Price per Share
• Valuation
• Revenue
• Employees

Price per Share Valuation Revenue Employees

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Founder Profile: The Childcare Marketplace For The 21st Century

The gig economy is now comprised of approximately 36% of US workers, around 57 million people. And benefits like flexibility and independence are drawing more and more workers to this style for offering their services, babysitters included. Technology is allowing childcare providers, among other skilled workers this valuable independence, all while increasing customer-facing transparency and trust. Nanno taps into this and the underserved family tech market by bringing childcare into the gig economy.

Nanno is an on-demand marketplace that works to connect parents with trusted babysitters. The platform already boasts 15k users across 45 different states. We chatted with CEO and Co-founder Liz Oertle to hear more about how she and CTO and Co-founder Desi McAdam made their idea of bringing childcare offline a reality.

Read Founder Interview