College Avenue Student Loans
Latest round
- Series D
Last raised
- Apr 2017
Total raised
- $30M
Investors
- 3
About College Avenue Student Loans
College Avenue Student Loans LLC was founded in 2014 and is headquartered in Wilmington, US. The company specializes in providing private student loans and has made five significant investment deals, with the most recent occurring on February 21, 2019.College Avenue primarily offers private student loans tailored to meet the financial needs of students and parents pursuing higher education.19% APR. The company focuses on simplifying the borrowing process through a user-friendly application, flexible repayment options, and a suite of financial tools designed to aid students in managing their educational expenses. Targeting both students and parents, College Avenue aims to alleviate financial stress associated with college costs.College Avenue generates revenue primarily through the issuance of private student loans, leveraging an interest-based model that allows them to collect interest payments on loans disbursed to borrowers. The company structures its transactions directly with consumers, facilitating a straightforward loan process that includes rate discounts for autopay. The loan products, including their flagship offerings for undergraduate and graduate studies, are designed to cover 100% of school-certified costs, thus ensuring a comprehensive financial solution for students. The revenue model is supported by an auto-pay interest rate reduction feature, which encourages timely payments while providing a financial incentive for borrowers.
Who invested in College Avenue Student Loans
3 investors across 3 rounds
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Questions about College Avenue Student Loans
Who invested in College Avenue Student Loans?
College Avenue Student Loans has 3 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has College Avenue Student Loans raised?
College Avenue Student Loans has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did College Avenue Student Loans last raise money?
College Avenue Student Loans's most recent round on record is a Series D, in Apr 2017.
What does College Avenue Student Loans do?
College Avenue Student Loans LLC was founded in 2014 and is headquartered in Wilmington, US.
Where is College Avenue Student Loans headquartered?
College Avenue Student Loans is headquartered in Wilmington, US.
Which VCs invest in companies like College Avenue Student Loans?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at College Avenue Student Loans's stage. Their profiles are linked below.
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