A safe is a Simple Agreement for Future Equity. An investor makes a cash investment in a company, but gets company stock at a later date, in connection with a specific event. A safe is not a debt instrument, but is intended to be an alternative to convertible notes that is beneficial for both companies and investors.
January 29, 2019
May 01, 2019
Intermediary Fees: 6%
Software and Curriculum Development: 30%
Sales/Business Development: 17%
Customer Support: 10%
Curriculum Development: 7%
General Operations: 10%
Founder & CEO
Joe is a proven entrepreneur whose prior venture (Healthtech) now generates over $5M in annual revenue. He has 10 years of experience leading teams to create software in investment banking, healthcare, retail, and education.
Co-Founder & CTO
Miguel is a highly skilled full stack developer. Prior to PenPal Schools, he owned a development agency where he led a team of 4 software engineers. He also helped a startup develop a video streaming system which currently holds a patent.
Co-Founder & Chief Learning Officer
Mark spent six years in public education where he served students and families in Oakland, California as a classroom teacher, instructional coach, and school leader. Mark holds a Master’s in Education from the University of San Francisco.
Jessica is a community developer and educator with prior experience as a special education teacher in New York City. Jessica holds a Master’s in Education from Long Island University in Brooklyn, specializing in adolescents with special needs.
Frank is a seasoned full stack developer and current front end engineer. He is also a lead Engineering Instructor and curriculum developer at Hello World, an organization that teaches 3rd-12th grade students web development, game design, and CS.
Senior Account Manager
Prior to PenPal Schools, Maggie worked for two different startups focusing on the intersections of social impact, sustainable solutions and global connections. She has 5 years of sales experience as well as roles in program and project management.
Founder & Executive Director of the Capital Factory
Founder & CEO of Civitas Learning
Founder & CEO of MocoSpace
Advisor & Director
Founding Parter of Honeycomb Portfolio
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