Bumo, an on-demand child care marketplace, announced it has raised $10 million in seed funding. The funding round was led by True Ventures and Offline Ventures with participation from Goodwater Capital and Marketplace Capital. Angel investors Jennifer Carolan, influencer Rachel Barnes, actress Jamie Chung, Ellen Chen (Mendocino Farms), Karina Kruse (Kinderzimmer), and Vanessa Dew (Health-Ade) also joined.
Bumo was founded in 2019 by entrepreneurs Joan Nguyen and Chriselle Lim, who sought flexible, high-quality child care for working mothers. Initially, a physical co-working space with on-site child care, Bumo adapted during the pandemic by launching BumoBrain, a virtual learning platform. In 2024, the company evolved again, introducing a tech-driven, on-demand childcare marketplace that offers instant bookings and eliminates subscription fees to meet the demand for accessible childcare options.
Bumo is transforming the child care industry with a flexible platform that turns underutilized capacity into accessible opportunities. Parents can book trusted care in real time, while providers maximize unused resources. The platform offers a variety of services, including full-time, part-time, seasonal, and backup care, all with just three button clicks.
Operating in nearly 200 cities from Orange County to the Bay Area, Bumo has facilitated almost half a million hours of child care services with over 17,000 searchable programs, including options for children aged 0-17. In partnership with organizations such as Learning Care Group, Boys & Girls Club of Metro Los Angeles, FC Barcelona, FC Bayern Munich, and Drawn2Art, Bumo offers a diverse range of unique programs and camps.
Momentum: Bumo’s current funding round marks a significant milestone, with a projected 15-fold growth by 2025. The capital will aid in expanding to new cities, growing the team, and enhancing the platform. Dedicated to providing affordable, high-quality child care, Bumo is excited about this new phase of development.
KEY QUOTES:
“Our goal is to establish Bumo as the leading infrastructure for flexible child care. We want Bumo to be as integral to family life as Airbnb, Uber, and Instacart are in their respective fields. This funding empowers us to scale our operations and broaden our reach into new markets.”
Joan Nguyen, co-founder and CEO of Bumo
“Bumo is transforming child care from an outdated, high-friction search into a seamless, book-now experience. It’s the first platform to treat child care with the same immediacy and convenience as ordering groceries or hailing a ride — and that changes everything for working families. At Offline Ventures, we see this as a category-defining shift, and we’re thrilled to back Joan and her team at Bumo as they lead it.”
Brit Morin, Founding Partner at Offline Ventures
“When we met Joan, we saw a rare combination of vision, operational excellence, and deep empathy for parents. The child care industry is ripe for innovation, and Bumo’s approach has the potential to reshape a 70 billion dollar industry.”
Tony Conrad, Partner at True Ventures
