UK Childcare Company Tiney Raises $6.5 Million

Financing

UK Childcare Company Tiney Raises $6.5 Million

Feb 11, 2020

Tiney, a London-based company that trains childcare workers to run home-based services and also markets those services, has raised 5 million British pounds (about $6.5 million) in a round led by Index Ventures. LocalGlobe and JamJar Investments also participated.

Founded in 2018, Tiney makes a 10 percent commission on every contract booked through its platform, according to TechCrunch. It accepts about 20 percent of applicants, adding about 25 new childcare workers a month.

Other companies focused on early childhood that have raised money recently include BabySparks, Sawyer and Tinkergarten.

 

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