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Invest in 📚FoondaMate: Giving internet access to students in developing countries | Wefunder

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A Future Equity Agreement (SAFE) gives you the right to future shares in the company. If you invest, you're betting the company will be worth more than $7M eventually

experienced this problem as a student in high school, where he was the only student in his school with access to a computer. He would go to the local internet cafe to download study material - but never had a way to share that material with his friends.Dacod

But when WhatsApp opened up their API in 2020 he saw a way to change that for students in high school today

Students can use FoondaMate to search, define, solve basic maths equations and download relevant question sets

We've also piloted college and bootcamp applications - and have helped over 3,000 students in South Africa apply to a coding bootcamp

We have never spent a single dollar on marketing, and students love FoondaMate so much that they immediately share it with all their friends - who share it with all their friends, helping us grow organically

TrendWatching has nominated FoondaMate as , noting that "In 2021, the demand for creative ways to provide access to all will be higher than ever."one of the 21 most impactful innovations for 2021

Since launching we have been approached by various businesses in the financial sector looking to use FoondaMate to increase financial inclusion in the developing world!

We have partnered with a number of these businesses to test partnerships as a monetisation strategy for FoondaMate

We are currently focusing on Africa, as this is a market the founders have expertise in. Our goal is to reach 1M users in Africa before actively trying to expand into LATAM and SEA. However, we are already seeing organic growth in these regions!!

To do this we will need to grow FoondaMate to a team of 8, including 2 engineers, 2 customer support staff, 1 sales rep and the two founders

We will also begin spending money on paid marketing, working to acquire even more users

The FoondaMate team is on a mission to democratise access to education. We have seen first hand that FoondaMate provides a scalable way to do this

If you share of core belief that equal access to education will substantially improve the lives of millions of students across the developing world, we would love to have you as an investor

We understand that the founders a key component of a startup, and that you might want to know more about us before investing. We've set aside some time each week to meet with you - we'd love to introduce ourselves.here

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📚FoondaMate is testing the waters to evaluate investor interest. No money or other consideration is being solicited; if sent, it will not be accepted. No offer to buy securities will be accepted. No part of the purchase price will be received until a Form C is filed and, then, only through Wefunder. Any indication of interest has no obligation or commitment of any kind