Edtech startup Launch Code After School announces equity crowdfunding campaign to fund expansion of kids’ coding education
Launch Code After School (Launch) is an edtech startup on a mission to create leaders through computer science education for kids — leaders who will fill the growing programming skills gap and the shortage of trained engineers needed to innovate our changing world. Today, Launch announces an equity crowdfunding campaign to fund expansion of kids’ coding education. The campaign gives customers and community members the opportunity to participate in its mission.
Launch has partnered with SeedInvest, a leading investment platform that only accepts the top 1% of startups. Crowdfunding allows anyone to be an investor, instead of only the wealthiest 2%. Partnering with SeedInvest enables anyone to invest in Launch, instead of just traditional venture capitalists or angel investors.
Founded in 2018, The Launch Code After School program is designed to take a child through from ages 8 to 14. Its after school programs meet twice a week for 1 hour with classwork that can be completed at home. Its summer camps are an accelerated version of their weekly classes.
“The team at Launch is thrilled about the growth potential of allowing our community to invest in the future of this company,” said Ravi Parikh, Co-Founder of Launch. “We’ve had a strong first year of operation, serving hundreds of kids at our primary location. We now invite our friends and customers to join us on our journey as angel investors in a technology startup that’s essential to the future of education.”
Launch has partnered with multiple schools throughout Austin and has a brick and mortar location. The fundraising campaign will support the expansion into multiple new retail locations and further investment in the proprietary, self-paced learning platform that makes it all possible.
Demand for engineers is growing and unmet, according to a report by the Bureau of Labor Statistics. In 2017, 1.4 million engineering jobs were available, but there were only 400,000 new, qualified graduates. Leadership positions in all fields, even outside of computer science, will require a new level of technology fluency.
Launch Code After School makes coding fun for kids ages 7-14. Students learn basic to advanced coding and technology skills, giving them 21st century tools for creative expression. In-person classes and camps provide a collaborative and inclusive environment to launch your child ahead with the skills and habits of mind needed in the age of technology. Launch has learning centers available in Austin, Texas, and is expanding throughout the Texas area.
Launch Code After School is offering securities under Regulation CF and Rule 506(c) of Regulation D through SI Securities, LLC (“SI Securities”).