# Cozi Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cozi-group

- Industry: Software
- Headquarters: Seattle, US
- Website: www.cozi.com
- Total disclosed funding: $17M
- Latest round: Series A (Jan 31, 2013)
- Investors on record: 5

## About

Cozi Group, Inc. is a technology company specializing in family organization tools through its application that combines scheduling, task management, and meal planning features for busy households.Founded in 2005, Cozi Group, Inc. operates out of Seattle, US, providing solutions for family management. In May 2022, the company was acquired by OurFamilyWizard, enhancing its focus on co-parenting tools. The founder, Tim Eyman, has previously been involved in other ventures, contributing to his expertise in this domain. Since its inception, the company has completed 9 deals, with the latest funding round being Series A, raising USD 5.80 mn from investors including Benaroya Venture Capital, MBVH Investments Inc., and Pioneer Ventures, bringing the total amount raised to USD 5.80 mn.Cozi Family Organizer is a comprehensive application designed to streamline family management by combining essential organizational tools in one platform. Its core offerings include a shared family calendar, shopping lists, to-do lists, and a meal planner, allowing users to coordinate schedules and responsibilities efficiently. By enabling families to manage activities such as school events, medical appointments, and grocery shopping, Cozi addresses the common challenges of balancing multiple schedules and tasks within a household. The platform is accessible via mobile devices and computers, catering primarily to families in the United States, Canada, and select English-speaking markets globally. Cozi appeals to a diverse client base, including working parents, caregivers, and families with children under 13, all of whom benefit from the app’s user-friendly interface and collaborative features.Cozi Family Organizer operates on a freemium model, where the core application is available to users at no cost while offering premium subscription services. The premium tier, known as Cozi Gold, provides additional features and functionality, facilitating a tiered revenue structure based on user subscriptions. Customers typically subscribe on an annual basis, granting them access to enhanced tools and ad-free usage. The transaction structure primarily occurs through direct-to-consumer sales, where individual families can sign up and manage their subscriptions online. Cozi's flagship product, the family organizer app, plays a pivotal role in generating revenue through these subscription plans, ensuring a steady income stream while fostering customer loyalty.Following its acquisition by OurFamilyWizard, Cozi Group, Inc. aims to enhance its co-parenting capabilities by integrating features such as shared calendars, messaging, expense tracking, journals, and an info bank. This strategic focus is expected to cater to a broader audience, particularly in co-parenting scenarios. The recent funding will support these initiatives, ensuring the development and launch of new tools aimed at improving family coordination and communication. Specific market expansions are anticipated, although detailed geographic targets have not been publicly stated.

## Funding rounds

- Series A, Jan 31, 2013, $5.8M — Pioneer Ventures, Benaroya Companies, MBVH Investments Inc.
- Series B, Jun 19, 2008, $8M — Hercules Capital, Gannett Co., Inc.
- Series A, Dec 1, 2005, $3.3M — Benaroya Companies

## Investors

- Benaroya Companies (https://capitalatlas.ai/funds/benaroya-companies) — Series A
- Hercules Capital (https://capitalatlas.ai/funds/hercules-capital) — Series B
- Gannett Co., Inc. — Series B
- Pioneer Ventures (https://capitalatlas.ai/funds/pioneer-ventures) — Series A
- MBVH Investments Inc. — Series A
