Soldsie, Inc.

About

Soldsie, Inc. operates Wonderschool, a platform that facilitates access to quality child care services, connecting families with preschools, daycare centers, and in-home care providers, while enhancing operational efficiency for care providers.Founded in 2016 and headquartered in San Francisco, US, Soldsie, Inc. operates as Wonderschool, which specializes in improving child care access and quality. The company has successfully raised USD 25.00 mn in its most recent Series B funding round on January 11, 2022, led by Goldman Sachs Merchant Banking Division, with participation from notable investors such as Andreessen Horowitz and Citi Ventures. Chris Bennett, the CEO and founder, has been instrumental in steering the company’s vision and strategy.Wonderschool offers a comprehensive suite of products and services aimed at improving child care access and quality. Their core offerings include a search platform for preschools, daycare centers, and in-home child care that meet health and safety standards established by state regulations. This platform allows families to find care that aligns with their children's specific needs, such as language instruction and operational hours. Additionally, Wonderschool provides Child Care Management Software (CCMS) that automates administrative tasks such as tuition collection and expense tracking. This enables providers to concentrate on delivering quality care. The company's services are available across multiple states, including but not limited to New York, California, Texas, and North Carolina, catering to families, child care providers, and employers seeking child care solutions.Wonderschool's revenue structure is primarily derived from its Child Care Management Software and associated services provided to child care providers and families. The company operates on a subscription-based model, where providers pay for access to the software, enabling efficient management of their operations. Revenue is generated through partnerships with daycare facilities and preschools, which utilize the platform to connect with parents seeking child care. Additionally, Wonderschool may offer tiered pricing plans based on the features and support included in their software, which are tailored to meet the varying needs of their clients.Following the most recent funding round in January 2022, Soldsie, Inc. plans to utilize the USD 25.00 mn raised to expand its platform capabilities, enhancing the ability for individuals to establish child-care centers and microschools across the country. The company is targeting new geographic markets for expansion, although specific regions have not been disclosed. This growth strategy aims to bolster child care access and quality nationwide.