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§ Private Profile · San Carlos, CA, USA
Education crowdfunding platform enabling individuals to fund scholarships for students aged 13+ for various educational needs.
AngelScholars has raised $1.0M across 1 funding round.
AngelScholars has raised $1.0M in total across 1 funding round.
San Francisco Bay Area-based AngelScholars operates an education crowdfunding platform that enables individuals to create and fund student scholarships for various academic and extracurricular needs, such as college tuition or school uniforms. The B Corp-structured company allows students over the age of 13 to apply for or create campaigns, treating donors as direct investors in the scholars' futures rather than traditional philanthropists. To sustain its business operations and cover employee salaries, the platform retains approximately 10% of every financial donation processed through its syndication system. The enterprise has raised over $1 million in seed funding led by Arena Ventures, alongside pre-seed backing from Dennis Phelps of Institutional Venture Partners. Prior to launching this digital platform, the creator held prominent executive leadership roles at recognizable technology firms including Postmates and Google. AngelScholars was founded in 2016 by Peter Hazlehurst.
AngelScholars has raised $1.0M in total across 1 funding round.
AngelScholars's investors include Arena Ventures.
AngelScholars has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in June 2016.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 20, 2016 | $1M Seed | Arena Ventures | — | Announced |