School Mint San Francisco: $2.2 Million Investment In The Company Eases School Enrollment System’s Process!

School Mint San Francisco is determined to make the process of academic enrollment a smooth-sailing experience, according to a report in Tech Crunch.

School Mint is an organization that receives funding supports from New School Ventures Fund, Runa Capital, and Crosslink Capital along with education-focused seed investors including: Kapor Capital, Imagine K12, Romulus Capital, Fresco Capital, and EdMentor VC. It received a total amount of $2.2 million of financed support.

School Mint San Francisco saw the need to make the enrolment process easier for parents and kids at the peak of the fall school season.

In an interview, Jinal Jhaveri explained School Mint San Francisco's objective:

"We manage the whole manual process around applications, lotteries and eventual enrollment so that parents can apply to any school in a city."

School Mint San Francisco's app is accessible from Android and iOs phones. Tech Crunch also reported that approximately 60% of active users access the app from their mobile gadgets.

School Mint charges $3,000 for each school that will me availing of its services. School Mint features included a parent-school communication database, enrolment system management and a verification tool. Individual modules are available for schools as optional purchases, costing $1000 each.

Jhaveri explained how schools will benefit from using School Mint, as reported in Tech Crunch:

"It's a pretty good deal for schools, considering they can spend anywhere from $20,000 to $40,000 per year to hire part-time staff to deal with the enrollment process."

"Schools buy us for two reasons. We cut down on the manual work and it gives them more visibility to determine how enrollment is proceeding."