Penpal Schools
Other Technology · Austin, Texas
Penpal Schools is a other technology company based in Austin, Texas. It has reported $275,000 raised across 1 Form D filing with the SEC, most recently in 2019.
PenPal Schools is an online penpal exchange for students. Students from around the world connect to make new friends, practice English, and discover the world. PenPal Schools is safe, easy to use, and free for everyone.
| Date | Round | Amount | Raised to date | Lead investor | Source |
|---|---|---|---|---|---|
| 2019-01-28 | — | $275K | $275K | SEC Form D |
SEC rows are Form D filings, where the amount is what was actually sold and amendments update a round rather than adding one. Press rows are split between company-issued releases or wires and editorial or third-party coverage. The total is therefore a floor: a round nobody reported is a round we cannot see. A buyout or control change appears in the timeline but is never added to the total: that money goes to shareholders, not into the company.
Form D is the notice a company files with the SEC when it sells securities without registering them. It reports the amount sold, not a valuation. Figures here are what the filing says. Where a filing is silent, the field is left blank rather than estimated. “Total raised” adds press-reported rounds that never appear in a filing, so it is a floor rather than an audited sum: press amounts are the figures the company announced, and a round nobody reported is a round we cannot see.