Fil-Am biz wiz thriving with ‘’ for caregivers’ | Global News

Fil-Am biz wiz thriving with ‘’ for caregivers’

/ 06:59 AM August 29, 2014

• Went public on NYSE at $17 a share

• has nearly 12 million members in 16 countries


• Inspired by caring for founder’s first child CEO Sheila Lirio Marcelo CARE.COM PHOTO

BOSTON, Massachusetts– Filipina businesswoman Sheila Lirio Marcelo is riding a wave of success with her, which connects parents with babysitters and nannies, the elderly with home healthcare providers and pet owners with walkers and sitters.


The Boston Globe described Marcelo’s as “an for caregivers.” Founded in 2006, it had 11,800,000 members in 16 countries at press time. founder and CEO Marcelo, 43, has become a fixture of online ads, TV commercials, and morning television talk shows to plug her company, notes the Boston Globe. went public in January on the New York Stock Exchange at $17 a share, the first venture-backed Massachusetts tech firm to debut on Wall Street in more than 18 months. In July, it announced that revenues and memberships are up.

Her experience taking care of her first child with husband Ron Marcelo became her inspiration for

Marcelo has graduate degrees in law and business from Harvard University. She comes from a family that ran coconut production, a rice mill, a trucking company, chicken farms and other businesses in the Philippines. Her family emigrated to Houston, Texas when she was six, reports the Boston Globe.


 Filipina one of Harvard Business School’s outstanding alumni

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TAGS: babysitters, Boston Globe,, Caregivers, homecare services, New York Stock Exchange, petsitters, Ron Marcelo, Sheila Lirio Marcelo, Wall Street
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