Ten years before his Series C closed at a $600 million valuation, Dave Vasen was at Amazon, leading product for the Kindle Accessories division. Good job. Comfortable career. Then he left for a scrappy education startup called AltSchool, and then left again - this time to fix something that was bothering him every time he looked at how a preschool actually runs.
Not the learning part. The back-office part. The invoice that goes out on paper. The attendance sheet on a clipboard. The ten different apps - none of which talk to each other - that a childcare director juggles between 7am and 6pm while also, incidentally, being responsible for small humans.
"Schools and childcare providers are band-aiding together 10+ tools to run their classrooms plus business," Vasen said. "None of which talk to each other. That includes a lot of paper, spreadsheets, and old technology." He wasn't describing a niche problem. He was describing 100,000 businesses across the United States, many of them run by people with enormous expertise in child development and near-zero infrastructure for running payroll.