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Rooted School Foundation

Education and Social Impact ~10 employees
Founded
--
Employees (Est.)
~10
1 leaders known
Total Funding
$1.0M
Funding Rounds
1
Last Funding
2024-01-16

About Rooted School Foundation

The $50 Study, led by Rooted School Foundation, is a groundbreaking program in the United States that provides direct cash transfers of $50 per week to high school students for 40 weeks, unconditionally. Since 2020, it has supported over 400 students in New Orleans and Indianapolis with more than $500,000, aiming to reduce financial stress, improve academic outcomes, and foster smarter financial decisions. The program is expanding to Washington D.C. and beyond, advocating for unconditional cash as a powerful investment in young people's futures.

Products & Services

Direct Cash Transfer Program:A program providing high school students with $50 weekly for 40 weeks unconditionally to support their financial needs and personal development.

Specialties

Direct Cash Transfers Youth Financial Literacy Economic Opportunity for Teens Randomized Controlled Trials in Education

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Grant
T: -
FT: Grant
A: 1000000
MR: -
FA: $1 million
FAN: 1000000
D: 2024-01-16
FD: 2024-01-16
1 investors
Grant Latest
2024-01-16
$1.0M
1 investor (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

V

Vernell Cheneau

Original Host of the Rooted Podcast

Recent News

Rooted School Foundation Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Education and Social Impact
Company Size
~10 employees (est.)

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