SchoolMint, a San Francisco, CA-based provider of mobile and online enrollment and school choice systems for PreK-12 public, charter and private schools, raised $5.6m in funding.
The round was led by Runa Capital, with participation from Reach Capital (New Schools), Fresco Capital, Govtech Fund, Kapor Capital, Crosslink Capital, Maiden Lane Ventures, CSC Upshot, and individual investors Jared Kopf, Josh Reeves (Founder and CEO of Gusto), and Tomer London (Founder of Gusto). In conjunction with the funding, Andre Bliznyuk of Runa Capital, will be joining SchoolMint’s board.
The company intends to use the funds to continue to grow operations by hiring people within the Customer Success, Sales, and Marketing teams, and expand its user base to districts and schools throughout the country.
Founded in 2013 and led by Jinal Jhaveri, CEO, SchoolMint provides a cloud-based student enrollment and school choice platform to PreK-12 independent, charter, and district schools to streamline all aspects of student enrollment and registration, school choice, lottery management, fee collection, and year-round parent-school communication.
The platform is now used by more than 2,000 schools in 70 cities in 30 states and four countries, and serves more than 1.5 million PreK-12 students.
FinSMEs
10/02/2016