Prepps on Wefunder 2021

Platform

Wefunder

Start Date

07/28/2021

Close Date

04/30/2022

Min. Goal

$60,000

Max. Goal

$107,000

Min. Investment

$100

Security Type

SAFE

Funding Type

RegCF

Valuation Cap

$5,000,000

Discount Rate

0%

Rolling Commitments $

Status

Active

Reporting Date

07/28/2021

Days Remaining

276

% of Min. Goal

0%

% of Max. Goal

0%

Likelihood of Max

Avg. Daily Raise

$0

Momentum

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Location

Southington, Connecticut

Industry

Business Services, Software, & Applications

Tech Sector

MarketplaceTech

Prepps, with a $5 million valuation cap, is raising funds on Wefunder. The company has developed a recruitment system that allows colleges to reach and recruit students digitally. The platform allows colleges to search students by career interest and connect with them directly. Christian Dupervil and Derek Cromwell founded Prepps in February 2021. The proceeds of the current crowdfunding round, with a minimum goal of $60,000 and a maximum goal of $107,000, will be used for marketing, hiring a full-time salesperson, and improved software. Prepps helps elite colleges diversify by reaching low-income communities. It helps more students apply to elite institutions and reduced advertising spend for colleges.