# Highway Benefits

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/highway-benefits

- Industry: Software
- Headquarters: Manhattan Beach, US
- Website: www.highwaybenefits.com
- Total disclosed funding: $3.1M
- Latest round: Seed (Mar 2, 2023)
- Investors on record: 1

## About

Based in California, US, and founded in 2021, Highway Benefits Inc. is a student loan repayment company that provides benefits like student loan contributions. The company was founded by its CEO Michael MacLaverty, and Cory Micheel. In March 2023, Highway Benefits raised USD 3.1 million in seed funding led by XYZ Ventures.

Highway Benefits provides a student loan-matching platform, which is an employee benefits platform that enables employers to make financial contributions toward their employees' student loan debt. The company partnered with various financial institutions to provide students with loan repayment solutions. The platform allows users to schedule a call and finalize a custom benefit plan, enabling them to take care of their employees' financial well-being.

The company plans to use the funds raised in March 2023 to scale its platform, accelerate growth, and expand its operations.

## Funding rounds

- Seed, Mar 2, 2023, $3.1M — XYZ Ventures

## Investors

- XYZ Ventures (https://capitalatlas.ai/funds/xyz-ventures) — Seed