# New Epona

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/new-epona

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.joinblair.com
- Total disclosed funding: $6.3M
- Latest round: Seed (May 7, 2021)
- Investors on record: 3

## About

Based in CA, US, and founded in 2019 by CEO and co-founders Mike Mahlkow, Constantin Schreiber and David Nordhausen. New Epona, Inc., doing business as Blair, reduces financial obstacles for students and enables them to participate in educational programs while also allowing schools to boost enrollment. As of September 2021, New Epona, Inc. had secured a total of USD 107.4 million in funding headed by Jon Dishotsky, Tiger Global Management, and Y Combinator.

The firm has created ISA (Income-Share Agreements) to assist individuals in attending educational programs without having to pay upfront tuition expenses. The New Epona, Inc. platform enabled it to handle ISAs for students, such as collecting payments, managing requirements, and providing information on remaining terms.

The firm earns money through intergenerational contracts in which students agree to pay back a specific proportion of their salary after graduation for a set amount of time.

The money raised in April 2021 will be utilized to expand the company's services throughout the United States.

## Funding rounds

- Seed, May 7, 2021, $6.3M — Tiger Global Management, Rainfall Ventures, 468 Capital

## Investors

- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Seed
- Rainfall Ventures (https://capitalatlas.ai/funds/rainfall-ventures) — Seed
- 468 Capital (https://capitalatlas.ai/funds/468-capital) — Seed