How does remind101 make money

Secondly, every company needs to make money to stay alive long-term. The simple math we learn in business class is Revenue must be greater than Expenses. We know education loves FREE, but the fact is that totally free is not sustainable for anyone long term. Remind raised a lot of money from investors to help get a large user-base, but may that money is starting to run low. Now for our selfless pitch… Minga is a great option to replace Remind at your school.

Minga is all about simplifying and improving communication. We do a lot more than just send out messages to teachers, students, staff and parents. Remind is using software from Stripe to manage those payments. While was a banner year for ed-tech deals, Remind last raised cash the prior year.

Plenty of companies broadly in the space have pulled in much bigger sums. Among start-ups focused on kindergarten through 12th grade, Remind is one of the better-funded companies, along with Edmodo, Schoology and ClassDojo. Finding a working business model remains a challenge for all of them, but Remind has a massive user base to potentially fuel the revenue engine.

As of Monday, Remind ranked 16th among all iPhone apps in the U. It was 44th in Google Play and the most popular education app. Palihapitiya said the long-term potential is for the product to reach billions of users, "but how we get there will depend on how well we execute and manage the culture as we continue to grow. Money is going toward field trips, team uniforms, sporting events and fundraisers.

Kopf didn't say what will come next as far as generating revenue, but he said it will all be around products that users are requesting and that can simplify their lives. Essentially Remind is a bit like a safe and secure WhatsApp platform that allows a teacher to communicate with the class, or parents, remotely, live. The idea behind Remind is to make communication management far easier so as to give teachers and students more time to focus on the actual learning part of school.

As hybrid learning becomes a growing way of teaching, alongside the flipped classroom, this is another powerful tool to help keep communications open and clear — potentially making it even better than before. The ability to schedule class announcements, send live messages to a group, or send media are just some of the features that Remind has to offer.

Remind is a website and app that acts as a communication platform for teachers to send messages to multiple recipients at once. That means direct communication with the entire class, or sub-groups, in a secure way. Originally, Remind was one-way, a bit like a notifications device. Now it allows for students and parents to reply. However, this is a feature that can still be turned off if a teacher deems it necessary.

In addition to text, a teacher can share pictures, videos, files, and links. It's even possible to collect funding for supplies or events via the platform. Although the funding side does require a small fee per transaction. Teachers are able to manage up to 10 classes with an unlimited number of recipients in each group. This is a fantastic tool for organizing a school trip, reminding students and parents about a quiz or test, scheduling changes, or sharing other useful information.

Some great features include the ability to get read receipts, create collaborative groups, add co-teachers, schedule meetings, and set office hours. Remind offers a free service for individual classrooms but there are institution-wide plans available with more features.