Kiddocare, Malaysia's on-demand caregiving platform, has announced the successful completion of its Pre-Series A round. According to a statement issued by Kiddocare on Sept 27, the round included strategic investments from prominent investors led by Artem Ventures, as well as participation from Gobi Partners, MSW Ventures Asia Fund X, and ScaleUp Malaysia.
According to the statement, Gobi Partners' participation through the Khazanah Nasional Bhd-backed Gobi Dana Impak Fund (GDIV) highlights Kiddocare's pivotal role in impacting the Malaysian economy and its promising future.
It also stated that this investment positions Kiddocare for accelerated growth and innovation. It stated that the company will use these resources to expand its platform, reach a larger audience, and create new opportunities for women, not only in caregiving but also in various other sectors.
“Central to our mission is the professionalization of caregivers. In an industry that often lacks recognition, we are committed to setting new standards,” said Kiddocare Founder and Chief Executive Officer Nadira Yusoff.
“Through innovative technology, necessary training and certification, career paths, and social safety nets, Kiddocare ensures that caregivers are equipped with the skills, knowledge, and support necessary to provide top-tier care,
"This investment reinforces our resolve to elevate caregiving as a respected and professionalized career of choice," he stated.
Kiddocare is a homegrown childcare services platform that connects parents with verified childcare providers based on their time and location preferences.
The company was founded as an initiative to support working parents by providing them with the gift of freedom and time by connecting them with babysitters to care for their children. Kiddocare also aims to empower women who want to work in childcare as a career or to supplement their income by providing a platform for them to do so.