Connecting schools with local businesses, the Schoola platform helps educational institutions raise money. The platform acts as a bridge between schools who desperately need money and businesses who want to connect with the surrounding community. Partnerships created on Schoola generates funds for schools while allowing businesses to capitalize on the wallets of parents.
Using Schoola, businesses can sell their products on school property or use the school as a distribution channel for vouchers and coupons. Revenue made from sales on the platform are split between the school, the business and Schoola. The fundraising website takes a whopping 15 percent of sales. The rest of the sales are split between the school and participating businesses.
Schoola is currently working with 108 schools in New York City to fundraise.