This site uses cookies. By using this site you agree to receiving cookies. View Policy.

94%
Raised
£142,340
Investors
234
Target
£150,000
Equity
19.35%
Pre-money valuation
£625,000

247babysits has developed a babysitting app for Parents & Sitters on iPhone, Android & Web which will aim to provide the ability to book a trusted & certified sitter, at any time with just 1 click of a button. Parents will only pay for the number of hours they require a sitter.

  • The UK child care services market is estimated to be around £5.6 billion
  • In UK 68% of families use childcare, with 48% of these using more than 1 type of childcare
  • Our app aims to offer real-time booking, Integrated online payment, Live chat, 2-Way reviews
  • In Oct, 2017 - 'Urbansitters' raised $17 million in a Series C round.

Idea

A babysitting service aiming to target the modern day parent, caring for all ages of children, from babies to teenagers.

247babysits has built an app on iPhone, Android & Website to be released imminently, which aims to allow customers to book a babysitter in real-time, 24/7. The app has been built to provide a simple booking process, allowing last minute and repeat bookings, a planner to review bookings and live chat to speak with the sitter. 247babysits aims to offer a service charging no registration, subscription or booking fees. Our goal is that all babysitters will be interviewed, CRB/DBS & First-Aid checked. 247babysits will also implement 2-way reviews, allowing feedback from the customer and sitter for every booking, creating a loyal babysitting circle.

The UK babysitting market is currently worth £5.6Bn. Over 8m UK families have dependent children, 68% of these use childcare services. The demand for childcare in the UK has increased for over 10 years, with the average family spending £70k on childcare.

Within 2 years of being founded (2011), US babysitting company 'Urbansitters' was valued at $20m and in 2012 they secured further capital funding of $6m. Urbansitters continue to expand and in October 2017 completed a series C funding of $17M.

A directors loan of £4K exists.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

To see the rest of the 247 Babysits pitch, join now. It's free, quick and easy.

Due to financial regulations, you need to join our community to view the full investment opportunity.

Join

Already registered?
Log in

Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

247 Babysits has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Seed Enterprise Investment Scheme (SEIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 50 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.