GrandNanny, a brand new intergenerational childcare service supporting mature job seekers into work and offering important childcare for working dad and mom, introduced right now that the corporate closed its pre-seed spherical at £400,000.
The spherical secured funding from 4 traders, together with 3 Sisters Ventures (3SV) Collective, a London-based angel community pioneering gender-smart investing in Enterprise Capital in Europe, Childcare entrepreneur Ben Black, founding father of ground-breaking corporations corresponding to emergencychildcare.co.uk and NannyShare.co.uk, SFC Capital the UK’s most lively early-stage funding agency and TwinklHive an funding firm and enterprise accelerator, that helps missional founders to scale and disrupt the know-how sector.
GrandNanny is the primary tech-enabled childcare service to give attention to the abilities of individuals over 50, bridging the hole and bringing generations nearer via childcare. The corporate, began in 2020, goals to create age-friendly employment, neighborhood connections and rewarding jobs while making childcare easier for folks.
Adele Aitchison (pictured above), the founding father of GrandNanny, feedback, “At GrandNanny, we see the worth that age range brings to youngsters and their households. We’re proud to be backed by main traders who perceive and assist our imaginative and prescient. Their monetary assist and knowledgeable recommendation is already proving invaluable.”
Lois Day, Founding Accomplice of 3SV Collective, feedback: “At 3SV Collective we again distinctive entrepreneurs who’re leveraging the ability of know-how to create options that contribute to a extra equitable society, and GrandNanny is undoubtedly aligned with this mission. By simplifying entry to and increasing the provision of childcare, GrandNanny helps unencumber girls’s time, which may positively impression the gender leisure hole and enhance the gender wealth hole (by permitting girls to dedicate extra time to advance their careers). As well as, GrandNanny additionally tackles the gender wealth hole by economically empowering midlife+ adults (sometimes girls) by offering a marketplace for their childcare companies.”
Additionally commenting on the announcement, Childcare Entrepreneur Ben Black says, “I imagine that GrandNanny will disrupt the childcare market, and I’m delighted to be a part of their journey. GrandNanny provides a wise answer for households searching for versatile part-time childcare amid the UK’s childcare disaster while creating rewarding job alternatives for the over 50s – driving financial progress. It’s a enterprise mannequin with plenty of potential for UK growth.”
GrandNanny sees the worth that age range brings to youngsters and their households. In accordance with new a brand new report, the employment charge of individuals aged between 50 and 64 years has fallen by 0.3 share factors from 71.0% in 2021 to 70.7% in 20221. But there are various advantages that mid-lifers can expertise. GrandNanny is a champion of the ‘nice unretirement’ and provides mid-lifers versatile hours and a complement revenue, while wrapping the confirmed scientific advantages of intergenerational programmes right into a sensible part-time childcare service.