CareGuide
CareGuide offers a range of care services including child care, home care, pet care, elder care, and payroll services, with over 8.5 million users across North America.
Company Overview
CareGuide provides a range of care services, including child care, home care, pet care, elder care, and payroll services. Founded in 2013, the company launched with the websites Sitter.com, Housekeeper.com, PetSitter.com, HouseSitter.com, and ElderCare.com. Today, it supports millions of caregivers across North America, facilitating over 40 million messages and more than 1 million secure calls.
Services Offered by CareGuide
CareGuide offers a variety of care services such as child care, home care, pet care, and elder care. It also provides payroll services to handle all payroll-related tasks for caregivers, ensuring a seamless payment process. Their platforms focus on user safety and privacy, utilizing secure calling technology called TELESAFE™ and scammer-fighting methods.
CareGuide's Acquisition History
CareGuide has a strategic history of acquisitions aimed at expanding its services. In 2015, the company acquired CanadianNanny.ca, which tripled its revenue. The following year, it launched HeartPayroll.com, becoming the largest household payroll provider in Canada. Another notable acquisition in 2017 was Nannies4Hire.com, which served as a launching pad for NannyLane.com. These moves have significantly bolstered CareGuide's portfolio and growth.
Funding and Financial Growth
CareGuide has successfully raised capital to fuel its expansion. In 2018, the company secured $6 million in Series A funding. Further financial backing came in 2019 when CIBC Innovation Banking provided $2 million in growth financing. These funds have supported the company's continuous growth and the enhancement of its service offerings.
Employee Benefits and Work Culture
CareGuide places a strong emphasis on employee satisfaction and team cohesion. It offers various benefits, including flexible health spend benefit dollars, an education fund, and remote work options. The company fosters team bonding through monthly events and an annual offsite retreat called CareFest. These initiatives contribute to a positive and collaborative work environment.