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Venture Capital News: Brightwheel Raises $55M in Series C

SAN FRANCISCO, CA, Brightwheel has raised $55 million in new Series C financing led by Addition.
Brightwheel has raised $55 million in new financing. Addition led the Series C round with participation from Emerson Collective, Next Play Ventures, Julia and Kevin Hartz, Daniel Shapero, and existing investors GGV Capital, Bessemer Venture Partners, and Eniac Ventures.

Brightwheel is an all-in-one software platform for preschools, childcare providers, camps, and afterschool programs. Brightwheel helps teachers manage their day and communicate with parents, gives parents deeper insight into what their children are learning, and automates the process of managing operations for administrators. The platform has been shown to save teachers and administrators up to an hour per day, while improving parent satisfaction and giving them a closer connection to their child's learning. It is the fastest growing platform in early education, used across thousands of locations globally.
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