School fundraising initiative Boost My School secures $10 million to redesign and modernize the K-12 fundraising process.
Boost Mobile Secures $10 Million in Funding
Boost Mobile, a pioneering K-12 fundraising platform, has announced that it has secured $10 million in a recent funding round led by High Alpha. This funding will be used to enhance the platform and further its mission to transform the way schools engage communities and drive donations.
Founded by Holman Gao, Boost Mobile serves hundreds of schools across the country, providing innovative tools for K-12 advancement teams. The platform consolidates various tools into one comprehensive solution, streamlining fundraising processes for K-12 schools.
Last year alone, Boost Mobile helped K-12 schools raise $100 million, with funds directly supporting school operations, scholarships, and staff benefits. The company reported a 98 percent customer retention rate, a testament to its effectiveness and commitment to its clients.
The growth of Boost Mobile has been significant, and with the new funding, the company plans to expand its team. The focus remains on simplifying and scaling fundraising efforts, aiming to transform how advancement teams engage communities and drive donations for schools.
Boost Mobile was designed with a clear vision: to transform the way K-12 schools engage communities and drive donations. The platform serves as a powerful tool for schools, helping them to raise much-needed funds for various purposes.
While the exact amount of the new funding is not specified, it marks a significant milestone for Boost Mobile. The company looks forward to continuing its work, providing innovative solutions for K-12 advancement teams and helping schools thrive.
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