Tech Company Financing Transactions
With Otter Funding Round
With Otter, based in New York, received $23 million from Sequoia Capital, Abstract Ventures and Andreessen Horowitz.
Transaction Overview
Company Name
Announced On
7/12/2021
Transaction Type
Venture Equity
Amount
$23,000,000
Round
Series A
Investors
Proceeds Purpose
Mayer says the capital will go toward expanding the company's trust and safety team to ensure its internal infrastructure is sound before they expand too quickly.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
245 8th Ave. 1009
New York, NY 10011
USA
New York, NY 10011
USA
Phone
Undisclosed
Website
Email Address
Overview
Otter is on a mission to create a world of care and opportunity by connecting parents who need childcare with stay-at-home parents who can care for their kids. Our goal is for every child to have access to safe, high-quality childcare and for every stay-at-home parent to be economically empowered in a way never before possible.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Helen Mayer
Chief Operating Officer
Steve Siger
Browse more venture capital transactions:
Prev: 7/12/2021: Clientbook venture capital transaction
Next: 7/12/2021: NewStore venture capital transaction
Share this article
Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs