This 'Airbnb For Pre-k' Startup Wants To Disrupt Preschool (HBO)
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January 13, 2019
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as posted by the channelA new startup in San Francisco is trying to disrupt early childhood education. Wonderschool’s online platform looks like an Airbnb for pre-K. But the company also provides a series of services - with the goal of making it easier for people to create a preschool in their own home. The company helps with credentialing, setting up programs, launching websites and boosting enrollment.
The startup recently received $20 million in venture capital funding. They now have more than 140 partner centers in New York and California. Wonderschool’s business model works because licensing requirements for in-home preschools are often less strict than center-based ones.
For example, to open an in-home program in California, you don’t need much more than vaccines and to pass a background test. To work at a center, you need months of early childhood education. And studies show kids who attend centers do better at math and reading in elementary school.
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