MINNEAPOLIS/ATLANTA (January 7, 2021) — RevTrak, a leading provider of technology and payment solutions for the education, faith-based and nonprofit sectors, announced today that it has acquired Smartcare, a growing provider of software for child care centers.
Founded in 1998, RevTrak helps more than 13,000 schools and educational organizations to simplify administrative processes, organize events and securely manage participant relationships.
Smartcare was established in 2014 by a team dedicated to solving the challenges facing managers and owners of child care centers every day — from tracking attendance and accounts receivable to communicating securely and effectively with parents. Smartcare filled a gap in the industry by building a native cloud platform to offer modern software-as-a-service (SaaS) technology that is now used by more than 2,000 child care centers, from single locations to national operations.
“Since RevTrak is driven by our mission to serve those who enrich our communities, we are very pleased to welcome Smartcare to our team,” said Shawn Boom, CEO of RevTrak . “Smartcare’s best-in-class software solution for child care providers is a natural fit for us and will position RevTrak for growth in our existing markets. We look forward to adding child care providers to the list of dedicated, community-focused organizations we serve.” He added that even as RevTrak grows, it will continue to work in collaboration with its integration partners, who play an important role in bringing the right software to the right people.
The market potential for RevTrak as a community services ecosystem provider is expected to reach $17 to $18 billion* within the next four years, Boom noted. “We think it’s smart positioning to build out our infrastructure to meet the needs of the community organizations we serve, and Smartcare is an important addition to that,” he said.
“From the start, we wanted Smartcare to have a positive impact on child care providers in our communities. We’ve achieved that by working with more than 2,000 providers nationwide,” said James Armijo, president and CEO of Smartcare. “As part of the RevTrak family, we are adding even more development and client services resources — meaning we can help more schools and add new services sooner. I know Shawn and the whole RevTrak team share our vision for serving child care providers and schools, while making attendance, daily updates, scheduling and payments easy for families. We can’t wait to get started as a unified team.”
As schools and workplaces have adjusted in response to a global pandemic, child care facilities have played a pivotal role in supporting the community, helping to keep both the workforce and economy moving. Smartcare’s online, touch-free solution has allowed child care providers to seamlessly communicate with families and track important details so they can focus on the health and safety of the children in their care.
Smartcare's team will continue to be based in Las Vegas and Salt Lake City.
About RevTrak
Based in Minneapolis, RevTrak provides secure, simple payment solutions for schools, community education programs, and childcare organizations. Trusted by more than 13,000 schools and educational organizations, RevTrak helps streamline payment processing, manage events, and complete transactions securely every day. Learn more at revtrak.com to learn more.
About Smartcare
Smartcare is the leading provider of mobile-oriented, software-as-a-service solutions to child care providers, early educators, after-school programs and summer camps. Their mission is to solve technology needs for teachers and administrators with easy-to-use tools. Smartcare solutions include easy check-in and check-out experiences for parents, online registration and enrollment, scheduling, billing and payments, lesson plans, assessments and parent communication.
*Sources: Pew Research Center, Hartford Institute for Religion Research, Giving USA, Nonprofits Source, RevTrak internal data, NCES database
