Bumo Secures $10 Million in Seed Funding to Modernize 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.
Originally founded in 2019 by serial entrepreneurs Joan Nguyen and Chriselle Lim, Bumo was born from their personal struggles as working mothers in search of flexible, high-quality child care solutions. Originally a physical co-working space with on-site child care, Bumo adapted during the pandemic to create a virtual learning platform called BumoBrain to address urgent child care needs. In response to the profound impact of the pandemic on family work and lifestyle dynamics, Bumo further evolved in 2024 by fully launching a tech-driven, on-demand child care marketplace, offering instant booking capabilities and eliminating subscription fees to fulfill the increasing need for accessible and flexible child care options.
'Our goal is to establish Bumo as the leading infrastructure for flexible child care,' said Joan Nguyen, co-founder and CEO of Bumo. '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.'
Bumo's platform is transforming the child care industry by offering a flexible solution that optimizes underutilized capacity into accessible opportunities. It offers parents real-time booking for trusted care and enables providers to maximize unused resources, offering a wide range of services such as full-time, part-time, seasonal, and backup care through a seamless and instant booking process. Users are three button clicks away from booking child care each time. This addresses the current child care landscape that is typically inflexible, expensive, and challenging for families to navigate due to limited options and offerings. Bumo bridges these gaps with its well-established marketplace, offering parents immediate access to thoroughly vetted and licensed child care providers.
'Bumo is transforming child care from an outdated, high-friction search into a seamless, book-now experience,' said Brit Morin, Founding Partner at Offline Ventures. '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.'
Currently operating in almost 200 cities spanning from Orange County through Los Angeles to the Bay Area, Bumo has facilitated nearly half a million hours of child care services booked. The platform offers over 17,000 searchable child care programs and now camps for school-age children, catering to children aged 0-17. Bumo offers options for child care, enrichment, camps, and educational programs. In collaboration with esteemed national partners like Learning Care Group, Boys & Girls Club of Metro Los Angeles, FC Barcelona, FC Bayern Munich, and Drawn2Art, Bumo offers a broad range of unique programs.
'When we met Joan, we saw a rare combination of vision, operational excellence, and deep empathy for parents,' said Tony Conrad, Partner at True Ventures. 'The child care industry is ripe for innovation, and Bumo's approach has the potential to reshape a 70 billion dollar industry.'
This funding round marks a pivotal moment for Bumo, which is experiencing accelerated growth with an anticipated 15x increase within 2025. The capital influx will enable Bumo's expansion into additional cities, growth of its team, and platform enhancements. Committed to providing access to affordable and premium child care services for all, Bumo is reshaping the future of child care and is excited about this new phase of development.
ABOUT BUMO
Bumo is an on-demand child care marketplace making flexible, high-quality care accessible to modern families. Founded by two working moms, Bumo helps parents find and book trusted child care, camps, and microschools while helping providers fill open capacity. Through partnerships with employers, providers, and parent communities, Bumo is transforming how child care works for today's workforce. Learn more at https://book.bumo.com.
ABOUT TRUE VENTURES
Founded in 2005, True Ventures is a Silicon Valley-based venture capital firm that invests in early stage technology startups. With more than $3.8 billion under management, True provides seed and Series A financing to entrepreneurs in some of today's fastest growing markets. Its more than 40 team members including special advisors, operations professionals, and founders-turned-investors represent one of the largest and most experienced teams dedicated to the early stage ecosystem. The True team believes creativity flourishes when founders are supported fully and empowered to pursue brave ideas. To that end, the True Platform offers programs that inspire professional and personal growth. To date, True has helped more than 350 companies launch and scale their businesses, creating over 85,000 jobs worldwide. To learn more, visit www.trueventures.com.
ABOUT OFFLINE VENTURES
Offline Ventures is an early-stage venture capital firm backing transformative technologies that improve life in the real world. With $275 million in assets under management, the firm invests in visionary founders across sectors including AI, deep tech, consumer, climate, and biotech. In addition to traditional seed investing, Offline runs an in-house incubator, Offline Studio, which helps launch and grow original companies from scratch. The firm focuses on products that are both technologically disruptive and deeply meaningful for humanity. For more information, visit offline.vc.
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