“Can Procare become the end-to-end financial operating system for the fragmented US child care industry?”
Founded in 1992 as desktop child care management software, Procare has evolved into a cloud-based operating system for 40,000+ child care centers. It layered in proprietary integrated payment processing (as a registered ISO of PNC Bank) and, in 2024, partnered with Check to embed payroll — turning it into a broader financial-workflow platform for the childcare vertical. Roper Technologies acquired the business in early 2024 for ~$1.75B, and 2025 brought a combination with Playground plus AI-driven features like RoomRunner.
Procare discloses PNC Bank, N.A. as its sponsor bank, according to the Embedded Finance Index 2026.
Procare does not disclose a bank charter of its own; its banking services are provided through PNC Bank, N.A..
Procare processes payments through Procare Payments (self-operated) and PNC Bank, N.A..
Procare uses Checkr for KYC and identity verification.
Procare integrates with QuickBooks and QuickBooks Online.
The Embedded Finance Index 2026 maps 5 layers in Procare's stack: Payments / PSP (Procare Payments (self-operated) and PNC Bank, N.A.); Payroll (Check and gusto); KYC (Checkr); Sponsor bank (PNC Bank, N.A.); Accounting (QuickBooks and QuickBooks Online).
Procare is founded in 1992 and headquartered in Denver, CO, USA.
Procare's acquisitions include Playground (2025).
Get a read on where your own stack stands against Procare and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.