Digital enrollment is an excellent way to harness the internet’s potential. This is especially true for simplifying transactions that still rely frequently on analog methods. The need for digital enrollment is apparent enough that SchoolMint has raised $5.6 million in its latest funding efforts.
The investment was raised by Runa Capital, with some participation from some in the fields of government and education-focused investments like Reach Newschools Capital, Govtech Fund, Fresco Capital, and Kapor Capital. The company is said to have ample room to run but very little independent competition to deal with. SchoolMint works with schools in more than seventy cities and thirty states across two countries.