About SchoolMint
SchoolMint is a company based in Lafayette (United States) founded in 2013 by Jinal Jhaveri was acquired by Hero K12 in October 2017.. SchoolMint has raised $13.99 million across 4 funding rounds from investors including Runa Capital, Govtech Fund and Kapor Capital. SchoolMint has completed 5 acquisitions, including Bright Minds Marketing, Enrollhand and Schoolrunner. SchoolMint offers products and services including SchoolMint Engage, SchoolMint Enroll, SchoolMint Grow, and SchoolMint Hero. SchoolMint operates in a competitive market with competitors including PowerSchool, Anthology, GoGuardian, Frontline Education and Education Dynamics, among others.
- Headquarter Lafayette, United States
- Founders Jinal Jhaveri
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Sectors
Education
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.99 M (USD)
in 4 rounds
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Latest Funding Round
$5.6 M (USD), Series A
Feb 10, 2016
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Investors
Runa Capital
& 15 more
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Employee Count
Employee Count
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Investments & Acquisitions
Bright Minds Marketing
& 4 more
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Acquired by
Hero K12
(Oct 30, 2017)
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Products & Services of SchoolMint
SchoolMint offers a comprehensive portfolio of products and services, including SchoolMint Engage, SchoolMint Enroll, SchoolMint Grow, and SchoolMint Hero. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for school marketing and student attraction services
Software for online student registration and lottery processes
Tools for coaching and staff recruitment in schools
System for student attendance and classroom tracking
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Funding Insights of SchoolMint
SchoolMint has successfully raised a total of $13.99M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5.6 million completed in February 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $5.6M
- First Round First Round
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Series A - SchoolMint | Valuation | Runa Capital | |
| Nov, 2015 | Amount | Series A - SchoolMint | Valuation |
investors |
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| Sep, 2014 | Amount | Seed - SchoolMint | Valuation | NewSchools Venture Fund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SchoolMint
SchoolMint has secured backing from 16 investors, including venture fund and angel investors. Prominent investors backing the company include Runa Capital, Govtech Fund and Kapor Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage tech startups are invested in by Runa Capital.
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Founded Year | Domain | Location | |
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Investments are made in startups modernizing government operations.
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Founded Year | Domain | Location | |
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Seed stage venture capital firm investing in US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SchoolMint
SchoolMint has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Bright Minds Marketing, Enrollhand and Schoolrunner. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online guidance is offered for admissions and scholarships.
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2015 | ||||
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Educational support is provided to students and institutions.
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2015 | ||||
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Student data including academics and attendance is tracked and analyzed.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - SchoolMint
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Schoolmint Comparisons
Competitors of SchoolMint
SchoolMint operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PowerSchool, Anthology, GoGuardian, Frontline Education and Education Dynamics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based software for K-12 education is provided.
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| domain | founded_year | HQ Location |
LMS and CRM solutions are provided for educational institutions.
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| domain | founded_year | HQ Location |
School devices and student activities are monitored via AI platform.
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| domain | founded_year | HQ Location |
SaaS-based platform offering management solutions for schools
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| domain | founded_year | HQ Location |
Prospecting and student retention platform for educational institutions
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| domain | founded_year | HQ Location |
SaaS solutions for school websites and management are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Schoolmint
Frequently Asked Questions about SchoolMint
When was SchoolMint founded?
SchoolMint was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is SchoolMint located?
SchoolMint is headquartered in Lafayette, United States. It is registered at Lafayette, Louisiana, United States.
Who is the current CEO of SchoolMint?
Jinal Jhaveri is the current CEO of SchoolMint. They have also founded this company.
Is SchoolMint a funded company?
SchoolMint is a funded company, having raised a total of $13.99M across 4 funding rounds to date. The company's 1st funding round was a Seed of $2.2M, raised on Jan 14, 2014.
What does SchoolMint do?
SchoolMint helps schools and families manage the admissions process. Provides solutions for admissions and enrollment. Accepts applications online, sends messages to families via email and SMS and provides insight into data such as enrollment numbers per month, student demographics, duplicate applications, etc. Schools can create their customised admission forms and manage applications through admission dashboard. Parents can create an account to manage applications, upload and attach documents and get alerts. Available on web, Android and iOS. Operated in 500 schools from 21 different cities across 10 different states as of 2014. Partnered with Person in 2014.
Who are the top competitors of SchoolMint?
SchoolMint's top competitors include PowerSchool, GoGuardian and Anthology.
What products or services does SchoolMint offer?
SchoolMint offers SchoolMint Engage, SchoolMint Enroll, SchoolMint Grow, and SchoolMint Hero.
How many acquisitions has SchoolMint made?
SchoolMint has made 5 acquisitions, including Bright Minds Marketing, Enrollhand, and Schoolrunner.
Who are SchoolMint's investors?
SchoolMint has 16 investors. Key investors include Runa Capital, Govtech Fund, Kapor Capital, Crosslink Capital, and Maiden Lane.