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Goldman Sachs led a $25m Series B funding round in Wonderschool.

Synopsis

Goldman Sachs, an investment bank and financial services company, led a $25m Series B funding round in Wonderschool, a childcare management platform, with participation from Citi Impact Fund, Andreessen Horowitz, Uncork Capital, Unusual Ventures, Imaginable Futures and Gaingels. "Even before the pandemic, the absence of quality, affordable early childcare education undermined the careers and economic mobility of many Black women, in addition to the development of their children during crucial years. Wonderschool is harnessing the potential of technology to provide comprehensive support to home-based care providers, enabling them to create high-quality environments while also helping parents in need of childcare solutions with an accessible marketplace," Margaret Anadu, Goldman Sachs Asset Management Global Head of Sustainability and Impact.

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