Arbol

A platform connecting low-income students with financial and community support

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Security Type
Debt
Categories
Technology, Retail, Education, Financial Services
Min Investment
$100
Location
Rochester, NY
Expected Close Date
April 30, 2023
Target Raise
$50.00K-$250.00K
No. Investors
53
Security Price
$1
Deal Notes

🌱This problem is growing and the utilization of our core ethos has been used before. Kiva is a great example. 🚀Huge demand! Currently, have a waitlist of 4,000+ students awaiting onboarding. 💼 Team of first-generation college graduates with a startup, fintech and product background. 🤝 Established partnerships with nationally known organizations like the Urban League. 📈Growing charitable giving market with 450BN+ TAM to fund over 8M students. 🎓Graduated from Founder Institute and accepted to Launch NY & Cultivator accelerator programs.

Website
growarbol.com
Number of Employees
2
Cash
$33,101
Revenue
$0
Short Term Debt
$10,795
Cost of Goods
$0
Long Term Debt
$0
Net Income
$-12,794

Company Description

🌱 15 students in beta program; 1 student funded w/ $3K
🚀4K+ students on waitlist, 6K donors in pipeline
🤝 Partnerships w/ notable national organizations incl. D'Youville College, Urban League and more
🎓Graduated from Founder Institute; accepted to 2 accelerator programs
💼 Founded by first-generation college grads w/ startup, fintech, product backgrounds
📈Growing charitable giving market w/ 450BN+ TAM to fund 8M+ students

Key Deal Facts

This problem is growing and the utilization of our core ethos has been used before. Kiva is a great example.
Huge demand! Currently, have a waitlist of 4,000+ students awaiting onboarding.
Team of first-generation college graduates with a startup, fintech and product background.
Established partnerships with nationally known organizations like the Urban League.
Growing charitable giving market with 450BN+ TAM to fund over 8M students.
Graduated from Founder Institute and accepted to Launch NY & Cultivator accelerator programs.

Deal Notes

🌱This problem is growing and the utilization of our core ethos has been used before. Kiva is a great example. 🚀Huge demand! Currently, have a waitlist of 4,000+ students awaiting onboarding. 💼 Team of first-generation college graduates with a startup, fintech and product background. 🤝 Established partnerships with nationally known organizations like the Urban League. 📈Growing charitable giving market with 450BN+ TAM to fund over 8M students. 🎓Graduated from Founder Institute and accepted to Launch NY & Cultivator accelerator programs.

Amount Raised : $62,842
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Security Description

Debt is something, usually money, borrowed by one party from another. Debt is used by many corporations and individuals to make large purchases that they could not afford under normal circumstances. A debt arrangement gives the borrowing party permission to borrow money under the condition that it is to be paid back at a later date, usually with interest.

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