Nanno on Republic

Connecting parents with great sitters on demand.

Raise to date: $1,070,000

Reporting Date: 12/31/2019

Key Stats

Minimum Raise

$25,000

Maximum Raise

$1,070,000

Likelihood of Max Exceeded
Start Date

08/13/2019

Stop Date

12/31/2019

Days Remaining

Closed

Security Type

SAFE

Investment Minimum

$50

Deal Type

No Review


Investment Summary

Status

Confirmed Closed

# of Investors

5,632

% of Minimum Raised

4,280%

% of Maximum Raised

100%

Dollars Per Day to Reach Max

N/A

DPD* Committed

$7,643

DPD* Category

$0

DPD* All Companies

$1,103

Kingscrowd Momentum

$1,070,000

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Nanno, with a valuation cap of $9 million, is raising funds on Republic. The Nanno platform provides a connection between baby sitters and parents on demand. It allows parents to set their criteria for the caregivers they require and matches them with the suitable sitters. The bookings and payments are done over the platform, and Nanno charges 20%-30% of the gross revenue from bookings as commission. Nanno was founded by Liz Oertle and Desi McAdam in May 2016 and has raised $450,000 since its founding. The current round of crowdfunding has a minimum target of $25,000 and a maximum target of $1,070,000. Nanno was launched nationally in 2018 and is already present in 45 states. The company’s revenue is over $350,000 annually, and it has over 15,000 users.

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