Prepps

Prepps

ZipRecruiter for Schools and Colleges

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Security Type
SAFE
Min Investment
$100
Location
New Haven, CT
Offering Date
July 28, 2021
Expected Close Date
April 30, 2022
Target Raise
$60.00K-$1.07M

Company Description

PREPPS is the World's 1st database that allows colleges to search, connect and recruit students digitally. PREPPS is the first-ever marketplace that allows colleges to search students by career interest, matching their academic program to the student, and connect with them directly.

Key Deal Facts

Through Prepps, elite colleges can fulfill diversity commitments by reaching low-income communities.
World's 1st database that allows colleges to search, connect, and recruit students digitally.
Revenue projection of $11.5M in year 1; $26.4M in year 2 and $55.7M in year 3.
Up to 80% reduction in advertising spend for colleges; currently at 40% of their tuition revenue.
More opportunities for students from low-income districts to apply to elite institutions.
$10Billion College Recruitment Industry; PREPPS aims to be the market leader

Management Team / Advisory Board Bios

Christian Dupervil, Co-Founder & Chief Connections
OfficerMaster’s degree in Higher Education Administration; Bachelor’s degree in Marketing; 7 years of progressive experience in college admissions. Dedicated to improving the lives of others.

Derek Cromwell, Co-Founder & Youth Empowerment Officer
Recruiter for the Marines. A strong advocate of better education for America's Next Generation.

Nicole Givens, Vice President of Partnerships
My 15+ years working in the higher education field has always been driven by my passion to provide students with ‘Choice’ and ‘Opportunity’, which aligns with the focus of Prepps.
Amount Raised : $0
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Security Description

A SAFE is an agreement between you—the investor—and the company in which the company promises to give you a future equity stake based on the amount you invested. It also involves some kind of a triggering event that must take place in order for you to get your future equity stake. Be careful as you may only get equity if a particular event is triggered.

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