But Angel Investor Nat Burgess questioned the start-up's profitability.
According to Peeler, 17 states require high school students to take personal finance courses, so NextGenVest sells its digital financial education platform to schools nationwide.
"We currently charge schools around $1,000 to $1,500, depending on the school size," said Peeler.
But the start-up also said it plans to add premium services, like helping students open their first bank accounts, which Peeler said should be useful for students transitioning into a university lifestyle.
"As a student goes into college, we know where they're going to college, we know, generally speaking, how much they have in student loans. And we can really curate and customize different financial products for them, to continue to save them time and nudge them so that they're on the right track," Peeler told CNBC.
Nikhil Kalghatgi, a Partner at Vast Ventures, wondered how NextGenVest builds enough trust to retain its millennial user base.
Peeler boiled it down to how they communicate with their young users. The start-up introduces GIFs and emojis into all text message conversations, and uses Snapchat to provide students with key financial aid deadlines.
And responses are not automated. "We also start a conversation in a really personal way and introduce a real human to them," said Peeler.
The New York City-based start-up is currently in its seed round of funding.
Peeler told CNBC NextGenVest plans to expand its services to guide users through "all of their major money decisions through college and beyond."