# With Otter

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/with-otter

- Industry: Education/Training
- Headquarters: New York, US
- Website: www.withotter.com
- Total disclosed funding: $23M
- Latest round: Series A (Jul 9, 2021)
- Investors on record: 4

## About

With Otter, Inc., based in New York, US, is a digital platform dedicated to aiding childcare professionals in securing job opportunities and enhancing their earning potential through personalized profiles and AI support.Founded by Chas Jhin and Helen Mayer, With Otter, Inc. operates from its headquarters in New York City, US. The company focuses on connecting childcare providers with families seeking their services. In July 2021, With Otter, Inc. raised USD 23.00 mn in a Series A funding round led by Sequoia Capital, with participation from Thrive Capital, Abstract Ventures, and Andreessen Horowitz.Otter's primary offering is a digital platform designed to support childcare professionals in finding job opportunities and maximizing their earning potential. The service includes the creation of a personalized profile that highlights users' childcare experience and qualifications, facilitated by Autumn, an AI assistant that guides users through the process of articulating their strengths. The platform aims to streamline the job application process for caregivers by providing a portable, customized profile that can be showcased across various job applications. Otter primarily serves childcare providers, including nannies, babysitters, and early childhood educators, enabling them to connect with families and institutions seeking childcare services. The company operates in multiple geographical markets, focusing on urban areas with high demand for childcare services, ensuring accessibility for caregivers and families alike.Otter's revenue model is predicated on providing free access to its core services for users, which will remain free even if paid plans are introduced in the future. While specific pricing details for potential paid plans are not disclosed, the current structure allows caregivers to create and share their profiles at no cost, thereby attracting a broad customer base. The platform facilitates direct transactions between caregivers and families or institutions, effectively operating as a B2C model. Users can showcase their capabilities and connect with potential employers without upfront costs, which aims to create a sustainable ecosystem for both caregivers and families in need of childcare services. As the platform evolves and potentially introduces premium features, the transaction structure could shift to include subscription-based services, enhancing engagement and user value.With Otter, Inc. plans to leverage its recent Series A funding of USD 23.00 mn, raised in July 2021, to enhance its platform capabilities and explore new market opportunities. The company aims to develop and launch additional features tailored to childcare professionals. Specific geographic expansions are targeted towards urban centers with increasing childcare demands. This strategic focus aims to enhance user engagement and service accessibility.

## Funding rounds

- Series A, Jul 9, 2021, $23M — Hong Shan, Andreessen Horowitz, Thrive Capital, Abstract Ventures

## Investors

- Hong Shan — Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A
- Thrive Capital (https://capitalatlas.ai/funds/thrive-capital) — Series A
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Series A