Student loan management tool Tuition.io announced recently that it landed $1 million in seed funding from a large group of investors.
Some of the investors include:
- Mohr Davidow Ventures
- Jerry Neumann
- Mesa
- AF Square’s Troy Carter
- Richard Wolpert
- Rob Glaser
- Launchpad LA
This is the Santa Monica-based company’s first round of funding.
Tuition.io launched 6 months ago, and disclosed the following stats:
- Exceeded $250 million in aggregate debt under management
- Helps manage over 40,000 loans
- Users represent over 130 universities
To learn more about Tuition.io, watch its FinovateFall 2012 demo.