# Kangarootime

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kangarootime

- Industry: Software
- Headquarters: Buffalo, US
- Website: www.kangarootime.com/
- Total disclosed funding: $30M
- Latest round: Series B (Jun 27, 2022)
- Investors on record: 8

## About

Founded in 2015 by CEO Scott Wayman and based in Brisbane, Australia, Kangarootime, Inc. is a childcare management platform that connects families to childcare providers using cloud-based mobile applications intended to organize communication and automate the revenue cycle. In April 2024, Kangarootime, Inc., acquired Clay from Joyance Partners, JVH Ventures, Kickstart Capital, and Remagine Ventures.

Kangarootime Australia offers a unified childcare management platform that automates tasks like billing, invoicing, reporting, and enrolment management. This allows childcare center directors and owners to focus on strategic planning and ensuring the quality of care provided. Kangarootime's Point-of-Care app empowers educators to manage their classrooms. Educators can utilize the app for digital daily notes, attendance tracking, and ratio monitoring, ensuring children's safety and well-being are prioritized. Additionally, features like lesson planning and progress tracking tools can potentially streamline curriculum implementation and communication with families. In addition, the company also offers the KT Childcare Connect app, which allows educators to share milestones, updates, and photos with families securely and conveniently. The platform offers features for online scheduling, time-off requests, and staff timesheets to streamline the process of managing staff schedules, reduce administrative burdens, and improve staff morale by simplifying time tracking and leave requests. The company's platform provides dashboard reports to identify areas for improvement, optimize staffing levels, and track key performance indicators (KPIs) related to the center's educational programs and overall operations. The firm offers childcare subsidy (CCS) management that helps childcare centers project and manages childcare subsidy (CCS) payments, financial forecasting, and budgeting for childcare centres that rely on CCS funding.

## Funding rounds

- Series B, Jun 27, 2022, $26M — Education Growth Partners, Cultivation Capital, Revolution
- Series A, Oct 27, 2019, $3.5M — Skyview Capital, Tech Coast Angels, Mucker Capital, Cultivation Capital, New York Ventures, 43North
- Seed, Jul 6, 2017 — Skyview Capital, Tech Coast Angels, Mucker Capital

## Investors

- Skyview Capital (https://capitalatlas.ai/funds/skyview-capital) — Seed, Series A
- Tech Coast Angels — Seed, Series A
- Mucker Capital (https://capitalatlas.ai/funds/mucker-capital) — Seed, Series A
- Cultivation Capital (https://capitalatlas.ai/funds/cultivation-capital) — Series A, Series B
- New York Ventures (https://capitalatlas.ai/funds/new-york-ventures) — Series A
- 43North — Series A
- Education Growth Partners (https://capitalatlas.ai/funds/education-growth-partners) — Series B
- Revolution (https://capitalatlas.ai/funds/revolution) — Series B