AVP takes care of UrbanSitter in $17m series C

Oct 6, 2017 • Robert Lavine

Childcare service provider UrbanSitter took its overall funding to $40m with a round led by the corporate-affiliated Advance Venture Partners.

Advance Venture Partners (AVP), the venture and growth capital affiliate of media group Advance Publications, has led a $17m series C round for US-based on-demand childcare provider UrbanSitter, Forbes reported yesterday.

VC firms Canaan Partners, Aspect Ventures, DBL Investors, First Round Capital, Menlo Ventures and Rustic Canyon Partners also participated in the round, and $1m came from about a dozen of the platform’s ‘power users’.

UrbanSitter runs an online platform that connects parents to available carers in their area, allowing…

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