Bake Sale 2.0: PledgeCents Launches A Crowdfunding Platform To Help Underfunded Schools Raise Money


With the passage of the JOBS Act, the Crowdfunding Era began and since then these fund-raising platforms have been sprouting in every vertical — even education. Just two weeks ago, we announced the launch of AlumniFunder, which “gives alumni a platform by which they can invest in innovative projects created by students at their alma mater.”

Today, we have another entry into the education crowdfunding set — Houston-based startup, PledgeCents. But, rather than going after higher education, PledgeCents is launching today to help K-12, public schools raise the funding they need to survive as federal and state funding continue to dry up.

To do this, the startup wants to connect investors and corporations with schools that have exhausted traditional fundraising channels and are looking for alternative ways to offset funding reductions. The idea, PledgeCents co-founder Ricky Johnson said, is to allow public schools to keep the programs, supplies…

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