EdTech Platform Wonderschool Closes $20 Million in Series A
Wonderschool announced $20 million in Series A financing led by Andreessen Horowitz, with general partner Jeff Jordan joining its board. The funding, with additional participation from Omidyar, Gary Community Investments and First Round, will be used, in part, to help recruit new school openings in existing Wonderschool markets of Los Angeles, New York and the San Francisco Bay area, key markets where dense population has caused shortages in the availability of high-quality early childhood education programs including both preschools and daycares.
Similar to platforms like Airbnb or Rover, Wonderschool is designed to provide the framework for educators to become small business owners and run their own in-home programs. Wonderschool supports them with operations, licensing, accounting, and marketing to attract enrollment, as well as expert and peer support to generate curriculum ideas and work through any challenges they may encounter.