Koru Kids
Outstanding childcare for modern families
Company mission
Koru Kids mission is making it easier and more affordable for families to access high quality childcare.
Employees
21-100
HQ Location
Clerkenwell, London, UK
OTTA INSIGHTS
Otta's take on Koru Kids
Xav Kearney
CTO of Otta
The childcare sector in the UK is under pressure, with prices rising and nurseries closing down. The way of finding nannies hasn't seen innovation in decades, and there hasn't been an introduction of technology to drive great experiences.
Koru Kids has focused on after-school childcare, allowing them to hone their product and solve one of the most neglected areas. This is specifically important in major cities like London, where parents are often working longer hours.
The business takes out all the hassle of finding a nanny. The solution isn't simply technology: Koru Kids also interviews, trains and references its nannies, and takes care of contracts, holiday pay and taxes. This operational complexity builds a competitive advantage.
When aiming to create the best childcare service in the world, quality will always remain important. Koru Kids has made sure to grow carefully. The company boasts a strict process and low acceptance rates, to ensure standards remain high.
Total funding - $17.9m
Last 2 fundraises
May 2018
$4.5m
SEED
Aug 2019
$12.6m
SERIES A
This company has top investors
Company benefits
- 50% off Koru Kids childcare. up to a value of £7,000 per year as a taxable benefit
- 25 days holiday (plus bank holidays)
- Work from home opportunities. We're a remote-first company and welcome applications from anywhere in the UK
- Potential for share option equity
- Macbook and home office allowance
- Video therapy sessions through Spill, to support positive mental health
Company values
- Put families first
- Use time wisely
- Understand, don't overthink
- Be humble. Be human
- Open up
Articles
Founders
Rachel Carrell
(CEO)Previously CEO of DrThom, a healthcare company which I grew to 1.3 million paying users in 3 countries. Before that they spent six years at McKinsey. Have a DPhil from Oxford, where they were a Rhodes Scholar.
People progressing
Started as an Ops Generalist, moved into matching and customer support, grew into the matching lead, transitioned into a junior product management role and now a product manager!
Started as an Ops Generalist in recruitment and matching, became a senior associate, promoted into a growth executive to launch a new product, promoted to an operations manager to launch another
Diversity & Inclusion at Koru Kids
- We will treat others with humility, respect and dignity at all times.
- We treat all people we interact with fairly and ethically, from our nannies to our families to our suppliers, partners and anyone else we come into contact with.
- We seek to identify and select a diverse set of employees and provide a fair and inclusive working environment with equal opportunities for all employees, regardless of background.
- All employees, no matter whether they are part-time, full-time, or temporary, will be treated fairly and with respect.
- We will work to create an environment in which individual differences and the contributions of all team members are recognised and valued
- We will strive to create an inclusive product with algorithms that don't exclude or reinforce biases and unfairness we see in the world
- When Koru Kids selects candidates for employment, promotion, training, or any other benefit, it will be on the basis of their aptitude and ability
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