GrandNanny, the first tech-enabled childcare service to focus on the talents of people over 50, has closed its pre-seed funding round at £400,000.
The London-based company, founded in 2020 by Adele Aitchison, matches over-50s with childcare experience with parents needing part-time, reliable childcare help.
Aitchison said: “At GrandNanny, we see the value that age diversity brings to children and their families. We are proud to be backed by leading investors who understand and support our vision. Their financial support and expert advice is already proving invaluable.”
The new round of funding will help GrandNanny expand its presence across the UK, focusing specifically on Brighton.
The round secured investment from four investors, including 3 Sisters Ventures (3SV) Collective, childcare entrepreneur Ben Black, SFC Capital and TwinklHive.
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Lois Day, founding partner of 3SV Collective, said: “We back exceptional entrepreneurs who are leveraging the power of technology to create solutions that contribute to a more equitable society, and GrandNanny is undoubtedly aligned with this mission.
“By simplifying access to and expanding the supply of childcare, GrandNanny helps free up women’s time, which can positively impact the gender leisure gap and improve the gender wealth gap.”
Childcare entrepreneur Ben Black said: “I believe that GrandNanny will disrupt the childcare market, and I am delighted to be part of their journey.
“GrandNanny offers a smart solution for families looking for flexible part-time childcare amid the UK’s childcare crisis whilst creating rewarding job opportunities for the over 50s – driving economic growth. It’s a business model with a lot of potential for UK expansion.”