Parent Hub has launched a £250,000 crowdfunding round as it gears up to expand into the £5 billion UK market for online school payments and become the go-to messaging app for parents. The company’s campaign is now live on Crowdcube with 30 per cent of its target already met.
The school communication app was launched by CEO James Whitaker and CTO Steven Isherwood, former teachers who felt frustrated that messages home were often limited to school info only, rather than focus on the benefits of sharing classroom learning.
“So, we set about changing things, aiming to disrupt the market in the same way Slack has changed business messaging. We aim to make it easy for teachers to send home updates about learning and plan to become an integration hub for other edtech services to bring the insight parents need into one spot.”
In December 2016 Parent Hub landed a deal with education tech giant RM Education and has since signed up over 350 schools posting more than a million messages a month. The app also boasts 50,000 active users.
Parent Hub is hoping to raise a minimum of £250,000 through Crowdcube for a 10.02 per cent equity stake in the business.