Care economy activities and business model

About the organization:
Babysits is a company that offers families in Latam a platform for childcare so they can feel their children are in the best hands. The safety and comfort of children are Babysits’ top priority. The tool allows parents to take mandatory government measures and other activities to eliminate parental concerns in taking care of their children. In addition, Babysits offers multiple resources, such as childcare tips and craft activities, designed for parents to spend quality time with their kids. Their mission is to empower communities regarding childcare worldwide.

Activities in the care economy:
Provision of affordable services that provide care & domestic work (e.g. affordable daycare services in rural areas)

Stage of growth: Established/Mature

Type of services: Infant-care (children younger than 1-year), Child-care (Ages 1 to 5), Child-care (Ages 6 and above)

Number of customers (2020): 100K or more

Number of customers (2019): 100K or more

Number of customers (2018): 100K or more

Financials

Profitability status: Financially profitable

Revenue USD (2020): Not available

Revenue USD (2019): Not available

Revenue USD (2018): Not available

Pathways to impact

Challenge addressed:
Lack of affordable solutions to reduce amount of time spent on care and domestic work (Reduce), Limited redistribution of care and domestic work to other actors in the care economy (Redistribute)

Pathway to impact – 4 Rs: Reduce, Redistribute

Populations affected: Unpaid care workers, Paid care workers, Infants or children

Number of people served (2020): 100K or more

Number of people served (2019): 100K or more

Number of people served (2018): 100K or more