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Brier Dudley's blog

Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

January 29, 2013 at 12:54 PM

Seattle’s Sigby raises $1.2 million, TeachStreet 2.0?

Sigby, a Seattle startup that lists and coordinates the booking of kids’ classes and camps, today raised $1.2 million from a handful of venture capitalists and angel investors.

Sigby will use the funds to expand its presence in the Puget Sound region and prepare to expand to additional markets. The company was formed early in 2012 and now has eight employees, working at 1000 Second Ave.

“For exasperated parents, there’s no other place like Sigby,” Loretta Little, managing director of WRF Capital, said in a release. “It truly is a one-stop site that is so convenient. We see the great opportunity, and we look forward to helping Sigby continue to innovate and expand its reach to parents everywhere.”

WRF provided the funding, along with Trilogy Equity Partners, Clear Fir and angel investors.

sigby.jpg

Founder Katie Thompson previously was a venture capitalist at Trilogy. She was motivated to start the company by her own experience scheduling programs for her two kids — which required a mess of paperwork and logistics.

“The more parents and program providers I spoke with, I realized that this was a big problem that needed to be solved. Parents and program providers deserve better,” she said in the release.

Sigby is emerging with its funding just as well-organized parents are starting to think about activities during spring and summer vacations.

The company may partly fill a void left by the closure of TeachStreet, a Seattle startup that ran from 2007 until its team was absorbed by Amazon.com in 2012. TeachStreet offered class listings of all kinds — not just kids — and eventually became a profitable, multi-state operation after raising more than $3 million from investors.

Comments | More in | Topics: Startups

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