This company is no longer in business. Investors can get details about any potential exits or failures here.
Overview
Raised: $1,070,000
Total Commitments ($USD)
Platform
Republic
Start Date
08/13/2019
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
12/31/2019
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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Year Founded
2016
Industry
Consumer Products, Goods & Services
Tech Sector
MarketplaceTech
Location
Denver, Colorado
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 | 01/28/2022 | Republic | $11,000,000 | $0 | SAFE | Not Funded | RegCF |
| Nanno | 12/31/2019 | Republic | $9,000,000 | $1,070,000 | SAFE | Funded | RegCF |
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Founder Profile
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.
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