| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
33 |
| Employees |
1,779 |
| Revenues (TTM) (Millions $) |
207 |
| Net Income (TTM) (Millions $) |
-20 |
| Cash Flow (TTM) (Millions $) |
0 |
| Capital Exp. (TTM) (Millions $) |
2 |
Business Description
Care.com is a leading online marketplace that connects families with caregivers for various needs, including child care, senior care, pet care, housekeeping, and tutoring services. The company was founded in 2006 by Sheila Marcelo, a working mother who experienced difficulty in finding reliable care for her children. Care.com is headquartered in Waltham, Massachusetts, and operates globally in over 20 countries.
The platform has over 37 million registered users and 13.4 million members as of 2021. Caregivers on Care.com include nannies, babysitters, pet sitters, dog walkers, housekeepers, tutors, and senior care providers, and they offer their services on hourly, part-time, or full-time basis. The platform uses a detailed profile system to allow caregivers to showcase their credentials, skills, availability, and price range for services. Caregivers and families can connect, communicate, and negotiate terms and conditions through the platform's messaging system.
Care.com Inc also offers premium membership services, such as background checks, identity verification, and access to emergency assistance, which are designed to provide families with peace of mind and ensure the safety and security of their loved ones. The company charges caregivers a subscription fee to access the platform, but families can use the site for free or purchase premium membership services.
In addition to its online marketplace, Care.com also operates Care@Work, a corporate benefits program that offers employers customized child care and senior care solutions to help employees balance their work and personal life. The program provides comprehensive support to working parents, including subsidized child care and elder care, backup care services, and care consultation.
Overall, Care.com Inc aims to make it easier for families to access affordable and reliable care services while also providing job opportunities for caregivers. It has been at the forefront of the growing gig economy, enabling freelance and independent workers to find work and earn income. The company's mission is to empower families and caregivers to achieve a better work-life balance and improve the quality of life for everyone involved.
|
%
4.8%