Last month Runa Capital, a venture firm operating globally from its offices in Moscow and San Francisco, led a new round of funding for SchoolMint, a leading provider of mobile and online enrollment systems for US public, charter and private schools.
Also participating in the round, which totalled $5.6 million, were Reach Capital (New Schools), Fresco Capital, Govtech Fund, Kapor Capital, Crosslink Capital, Maiden Lane Ventures and CSC Upshot.
A Runa representative, Andre Bliznyuk, has been added to the company’s board
The funding will be used to further expand the SchoolMint team, its product offerings and to increase the SchoolMint footprint to schools across the country.
As schools spend massive amounts of time, money and other resources to manage their admissions processes, the US startup aims to “bring this antiquated system into the digital age.”
Its solution has been designed to “automate the entire process and provide predictive analytics, helping schools achieve their enrolment goals and saving a lot of time and money for schools and parents,” SchoolMint claims.
Since its founding in 2013, SchoolMint has attracted more than 2,000 schools in the USA and beyond.
In 2014, Runa already led a $2.2 million round for the company.
