Babylist founder set up a $ 500 million business


– grow up. Natalie Gordon, Babylist in 2011 began to serve customers like him. Former software engineer for AmazonHe began to establish a note that was his first child and met his needs. Babylist, in early 2010, a market for new parents in a market for new parents in the market, it is distinguished in a market in a market in a market in a market in a market. “I was our main user,” he remembers. “I was writing every code line. It was very easy to know what to build it for myself.”

Fourteen years later, 14-year-old Gordon at home is no longer a key client for the platform. Now a register, an e-commerce space for new parents and a joint sales capacity – annual income is profitable for more than $ 500 million, Fortune is the first report. Gordon tells new rentals to new tenants who do not have children with nuclear user-brand-new parents who do not have children.

Natalie Gordon
Natalie Gordon, General Director of Babylist.

Babylist’s courtesy

The growth of Babylon to be a half billion dollars, depended on the fact that parents go on a broader market. The platform traditionally was a place for people to register for people and to receive $ 1,399 from $ 29 to $ 1,399. Two years ago, the company provided a health vertical health vertical handling licenses where the parents can order their nipple pumps covered by insurance. This vertically is a $ 50 million job. Forty percent of infants in the United States are born under Medicaid and the Babylist is aimed at serving 80% of the population from 2027. “We do an exceptional work to serve these audiences.”

For Gordon, this growth is also up to a traditional part of a beginner, to the traditional part of the fundraising. “I was a really terrible kind of fancitization,” he said. He raised less than $ 50 million in the last 14 years. “It felt like a curse and is a blessing now,” Gordon says. “We’ve always treated it as a job, not a business.”

Emma hinchlififfe
emma.hinchliffe@fortune.com

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