UrbanSitter receives $15 million in Series B funding

Posted Feb 18, 2014

UrbanSitter has received $15 million in Series B funding led by DBL Investors and participation from Match Group, Aspect Ventures, Canaan Partners, First Round Capital, Menlo Ventures and Rustic Canyon Partners. The funding will be used for marketing and product development. 

What is UrbanSitter? It is an online babysitting booking service that is based in San Francisco. The babysitters and parents are connected to each other using Facebook Connect. The parents can view the babysitter’s reviews, skills, experience, educational background, certifications, and number of repeat families. UrbanSitter also oversees real-time bookings and payments.

?With the growth of vertical marketplaces, peer-to-peer services and mobile payments, companies like UrbanSitter, Lyft and Airbnb are at the intersection of these trends and primed for growth by making our customers? lives simpler and more immediate than ever before,? stated Lynn Perkins, CEO of UrbanSitter.