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Kangarootime

“Can a vertical SaaS for childcare centers monetize tuition flows via embedded PayFac payments while owning the parent, teacher, and director workflow?”

Founded2015
HQBuffalo, New York, United States
FoundersScott Wayman
Total raised$40.2M
Latest round$26M (2021)
IndustryVertical SaaS / Childcare
The story

Founded 2015 in Buffalo as a childcare management platform for early education schools and daycares. Embedded payments have been core to the business model from early on — Kangarootime became a Worldpay for Platforms customer, operating a PayFac-style embedded payments arrangement that automates tuition billing for centers and parents. The company expanded into AI-assisted early education via the Clay acquisition and now positions itself as a multi-location CCMS with unified business, classroom, and parent-engagement tooling.

Last 12 months
—
Product timeline
2015
Founded by Scott Wayman in Buffalo, NY to build all-in-one childcare management software.· founding
2021
Closed $26M fundraise round to accelerate childcare platform growth.· funding
2021
Featured on Worldpay/Payrix PayFAQ podcast highlighting PayFac embedded payments strategy.· payments
2023
Acquired Clay, an AI platform, to bring AI capabilities into early childhood education software.· acquisition
Acquisitions
Clay
Acquired AI platform to bring generative AI features into Kangarootime's early childhood education software.
The stack
1 layer disclosed in Kangarootime’s embedded-finance stack
Payments / PSP
Worldpay for Platforms
Accounting gap: significant

Kangarootime — frequently asked

Who is Kangarootime's payment processor?

Kangarootime processes payments through Worldpay for Platforms.

Who founded Kangarootime?

Kangarootime was founded by Scott Wayman and is founded in 2015, headquartered in Buffalo, New York, United States.

How much funding has Kangarootime raised?

Kangarootime has raised $40.2M in total (latest round: $26M (2021)).

What companies has Kangarootime acquired?

Kangarootime's acquisitions include Clay.

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