Innovating Childcare: A Journey from Challenges to Solutions

In late 2023 we brought you an interview with serially successful entrepreneur Mark Woodland, who co-created and built the Kismet platform to provide digital tools to help NDIS participants easily link up with approved providers, reducing fraud and overcharging & improving compliance along the way. Kismet only began life as a business in August 2022, after Mark had kept the idea in his bottom drawer for 13 years. Then in early 2023 Mark raised a whopping $4 million from venture capital veterans AirTree Ventures, Daniel Petre AO and others, an enormous tick of approval for Mark Woodland, a former soldier and proud product of a single mum household. Now the latest news in September 2024, is Kismet completed a successful $32.5 million seed funding round from venture capital investors. Wow. Not bad for just over 2 years in business! Then again, Mark had already built successful childcare business, xplor, to streamline the admin process for parents and childcare operators alike, which he sold in 2020 to US private equity, reportedly making xplor worth $100 million, and putting Mark onto the Financial Review Young Rich List.  Mark’s is such a remarkable startup journey, we thought we’d share it with you again. Enjoy.

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