# Clasp Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clasp-group

- Industry: Financial Services
- Headquarters: Boston, US
- Website: www.clasp.com
- Total disclosed funding: $44M
- Latest round: Series B (Mar 26, 2026)
- Investors on record: 10

## About

Clasp Group, Inc. is a Dallas-based company offering innovative student loan repayment solutions by connecting graduates with employers who help repay their loans as part of employment agreements. Founded in 2018 and headquartered in Dallas, US, Stride Funding, Inc. provides financial solutions that connect students with employers willing to assist in repaying their student loans. In March 2026, Clasp Group, Inc. raised USD 20 million in series B funding co-led by Digitalis Ventures and Crosslink Capital, with participation from Juvo Ventures and Strada Education Network. Tess Michaels serves as both the founder and CEO, bringing experience from previous ventures in the education sector. Clasp Group, Inc. offers a high-retention recruiting platform designed to tackle the challenges of hiring in sectors facing talent shortages. Their core service connects students and graduates with employers who agree to aid in repaying student loans, facilitating access to education in critical fields while helping employers build a sustainable talent pipeline. Collaborations include partnerships with over 10,000 students and 1,140 educational programs across various geographical markets, with a strong focus on healthcare and skilled trades. Clasp Group, Inc.'s revenue model relies on partnerships with educational institutions and employers, creating a sponsorship program where employers contribute to students' loan repayments. This model benefits various clients, including universities and vocational programs, by enhancing their recruitment processes and improving student retention rates. The financial structure is based on B2B partnerships, ensuring a robust ecosystem for workforce sustainability. The company will use the March 2026 funding to scale operations and advance product development.

## Funding rounds

- Series B, Mar 26, 2026, $20M — Crosslink Capital, Digitalis Ventures, Strada Education Network, Juvo Ventures
- Series A, Apr 12, 2024, $10M — Crosslink Capital, SHRMLabs
- Series A, Dec 2, 2021, $12M — Slow, Graham Holdings, GSV Ventures, Sinai Ventures, Juvo Ventures, Firework Ventures
- Seed, Sep 20, 2019, $2.1M — Slow, GSV Ventures, Sinai Ventures, Strada Education Network

## Investors

- Slow (https://capitalatlas.ai/funds/slow) — Seed, Series A
- GSV Ventures (https://capitalatlas.ai/funds/gsv-ventures) — Seed, Series A
- Sinai Ventures (https://capitalatlas.ai/funds/sinai-ventures) — Seed, Series A
- Strada Education Network (https://capitalatlas.ai/funds/strada-education-network) — Seed, Series B
- Graham Holdings — Series A
- Juvo Ventures (https://capitalatlas.ai/funds/juvo-ventures) — Series A, Series B
- Firework Ventures (https://capitalatlas.ai/funds/firework-ventures) — Series A
- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Series A, Series B
- SHRMLabs (https://capitalatlas.ai/funds/shrmlabs) — Series A
- Digitalis Ventures (https://capitalatlas.ai/funds/digitalis-ventures) — Series B