Start-up that connects global classrooms raises $1.25m
Austin-based start-up PenPal Schools has raised $1.25m of seed funding from backers including New York venture capital firm Honeycomb, and former One Tree Hill actress Sophia Bush. PenPal Schools connects classrooms around the world via online exchanges, debate and news-driven discussions. The firm has claimed it works with some 100,000 students in more than 170 countries.
PENPAL SCHOOLS, an Austin-based startup, has secured $1.25 million dollars in seed funding. The company connects classrooms around the world through online language exchanges, news discussions and issue-driven debates.

Their investors, located in Mexico, Jordan, Iran, Hong Kong, and the United States, are as global as the company—who now claims to serve over 100,000 students in more than 170 countries. According to AustinInno, some of the investors include Honeycomb (a New York City- based venture capital firm), Peter Holt (former San Antonio Spurs CEO), and Sophia Bush (an actress best known for her role on One Tree Hill).