Piglt is an incentive-based crowdfunding platform for higher education expenses and student loan debt. Students offer their current abilities, skills, and products created in exchange for financial contributions.
“I do think that we have stepped it up significantly,” FounderFuel general manager Ian Jeffery told me yesterday. “In this cohort are some of the most mature companies we’ve ever had. All nine are fantastic, but some have real revenues already, over a million downloads, and upwards of 30,000 active users.”
A $50 million investment into Anki, which debuted at Apple’s developer conference today, leads the day’s funding news.
Student loan debt has surpassed $1 trillion and yet the cost of college tuition continues to rise. Instagrad has built a crowdfunding platform to help parents pay for their kids’ college education.