Prendea Analysis: $20M Raised
What is Prendea?
Prenda empowers young learners through microschools by providing adults with tools, funds, and training to support educational programs.
Employees
150
Founded
2017
Revenue
$1-53.9M
Business Model
Per-student platform fees and independent guide fees for microschool services.
Product Features & Capabilities
- microschool model, personalized learning experience, K-8 curriculum, small group settings, Connect learning mode, Conquer learning mode, Collaborate learning mode, Create learning mode, hands-on project-based learning, adaptive diagnostic assessments, community-driven curriculum, guided support for
Pricing
- Prenda charges a per-student platform fee of $2,199 per year for state scholarship students.
- Prenda charges $219.90 per month for direct-pay students.
- Guides charge an additional fee for microschool services provided to students, which they determine during the microschool setup process.
How much Prendea raised
1 - $20 million
June 2022Lead Investor: Seven Seven Six (led by Alexis Ohanian, co-founder of Reddit)
Who are the founders of Prendea
KS
Kelly Smith
Founder
Competitors Overview
Prenda operates in the microschool and personalized learning market, facing competition from several notable companies:
- edept: Focuses on higher education and aims to bridge the gap between academia and industry with industry-led programs, enhancing employability outcomes. This positions the
Investors
- Seven Seven Six (776)
- Learn Capital
- AZ Disruptors
- Bali Venture Partners
- Duro Ventures
- Peak State Ventures
- Scott Paul
Market Focus
Prenda primarily focuses on the education industry, specifically providing a platform for running microschools that offer personalized learning experiences for K-8th grade students.
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