Back to Blog Reels in $1 Million in Seed Funding


Student loan management tool 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.

250MilIMG.jpg 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, watch its FinovateFall 2012 demo.