# Le Cicogne

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/le-cicogne

- Industry: Internet
- Headquarters: Rome, Italy
- Website: www.lecicogne.net
- Total disclosed funding: $0.6M
- Latest round: Seed (Jul 22, 2016)
- Investors on record: 6

## About

Le Cicogne is an innovative platform connecting families with babysitters and childcare providers across Italy, facilitating easy access to childcare services tailored to individual needs.Le Cicogne, founded in 2013 in Rome, Italy, specializes in linking families with qualified babysitters. The company has undergone no significant pivots and does not operate as a subsidiary nor does it have any known subsidiaries. Its founder has not been disclosed, and the company has been actively involved in four deals, with its most recent funding round occurring on July 22, 2016, during a SEED funding effort where it raised EUR 0.360 mn led by Club Acceleratori along with other investors including Bertoldi Holding and Club Italia Investimenti. The total amount raised by Le Cicogne amounts to EUR 0.360 mn.Le Cicogne operates a comprehensive platform designed to connect families with babysitters and childcare providers across Italy. The primary service is an online registration system that allows parents to quickly find suitable babysitters tailored to their specific needs. This service encompasses a variety of offerings, including emergency or last-minute babysitting, event entertainment for children, and assistance with the bureaucratic processes involved in hiring a babysitter. Customers include families requiring temporary childcare, as well as babysitters seeking flexible job opportunities. The platform serves a broad geographic market throughout Italy, including major cities such as Rome, Milan, Turin, Bologna, and Florence. By streamlining the process of finding and hiring a babysitter, Le Cicogne addresses the challenges families face in balancing work and childcare responsibilities.Le Cicogne reported a revenue of EUR 269,528,002.50 for the year 2023, with an EBITDA of EUR 9,127,644.50 for the same period. The revenue structure is primarily based on service fees charged to parents for accessing babysitting services. Families utilize the platform to post job offers and receive applications from registered babysitters who meet their criteria. The company ensures that all sessions are covered by insurance for added security. While specific pricing plans for their services are not disclosed, the business model incorporates fees associated with each hiring transaction, as well as potential subscription services for ongoing access to their platform.Le Cicogne plans to leverage recent funding from the SEED round led by Club Acceleratori for strategic growth initiatives. While specific new products and services have not been disclosed, the company aims to expand its market reach beyond Italy into other European regions by 2024, aiming to introduce tailored childcare solutions that cater to the unique needs of families in those areas. The recent funding will support these efforts and enhance platform capabilities to improve user experience.

## Funding rounds

- Seed, Jul 22, 2016, $0.4M — LVenture, Club Italia Investimenti, Club Acceleratori, Bertoldi Holding, Pi Campus
- Seed, Aug 4, 2014, $0.1M — LVenture, Club Italia Investimenti
- Seed, Apr 11, 2013, $0.1M — LVenture, EnLabs SRL

## Investors

- LVenture (https://capitalatlas.ai/funds/lventure) — Seed
- EnLabs SRL — Seed
- Club Italia Investimenti — Seed
- Club Acceleratori (https://capitalatlas.ai/funds/club-acceleratori) — Seed
- Bertoldi Holding (https://capitalatlas.ai/funds/bertoldi-holding) — Seed
- Pi Campus (https://capitalatlas.ai/funds/pi-campus) — Seed