Kansas City startup Healthy Hip Hop just closed a crowdfunding round on Republic, raising $77,360. That’s three times the minimum $25K sought, but not quite 14 percent of the $1,070,000 hoped for in the offer, launched this past February.
Healthy Hip Hop was founded in 2017, then relaunched in 2019. The two-person startup has an online platform that allows educators to stream music and video content that supports their curriculum to their classroom smart board. The company also has an app that allows students to create their own content in a child-safe environment.
According to their page on Republic 250 people with a minimum investment of $100 received SAFE’s in the startup that claims an $8M valuation cap.
Roy Scott, Healthy Hip Hop CEO
Healthy Hip Hop provides it’s children’s music/health platform to more than 70,000 students at the Dallas Independent School District, something 4thEst8 readers learned in March 2021. The company Beta launched in January 2020, and CEO Roy Scott said at the time a full launch is expected this summer. Scott was not immediately available for comment in this story.
In October, 2020 the company was awarded $100,000 from the Google Black Founders fund, on top of a $2,500 LEANLAB award mid-2020, bringing it’s total to $272,500 in non-dilutive grants from the likes of Arch Grants, Digital Sandbox, Launch KC and the Regnier Institute Challenge. It has also raised $415,000 in capital from the Missouri Technology Corporation, Voqal (Denver), and Full Scale (Leawood, KS), as well as unnamed angel investors.
Links:
On the 4thEst8:
EdTech startup lands a school district
EdTech startup lands spot on show
