StudentLoanHero
Latest round
- Seed
Last raised
- Feb 2013
Total raised
- Undisclosed
Investors
- 1
About StudentLoanHero
Founded in 2012 in Charlotte, US, StudentLoanHero provides personalized solutions for student loan refinancing.040 mn in February 2013 from Expansion Venture Capital, supporting its growth strategy.StudentLoanHero primarily offers student loan refinancing services, enabling borrowers to consolidate federal and private loans through various lenders such as banks and credit unions. This process simplifies debt management by combining multiple loans into one, with a single monthly payment. The service caters mainly to consumers in the United States, particularly recent graduates and professionals seeking reduced monthly payments or improved interest rates based on their financial profiles.StudentLoanHero generates revenue through a loan referral and brokerage model, connecting borrowers with lenders for student loan refinancing. It earns revenue via referral fees from lenders when loans are successfully closed through its platform. The revenue model is based on performance-driven partnerships, focusing on a B2C approach where consumers seek competitive loan offers. The details of these upcoming products and their release dates have not been specified. The company is also exploring expansion into new markets within the US, aiming to reach a broader audience facing student debt challenges.
Who invested in StudentLoanHero
1 investor across 1 round
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Funding rounds
Seed
Feb 21, 2013
Amount
Undisclosed
Investors
Questions about StudentLoanHero
Who invested in StudentLoanHero?
StudentLoanHero has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has StudentLoanHero raised?
StudentLoanHero has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did StudentLoanHero last raise money?
StudentLoanHero's most recent round on record is a Seed, in Feb 2013.
What does StudentLoanHero do?
Founded in 2012 in Charlotte, US, StudentLoanHero provides personalized solutions for student loan refinancing.
Where is StudentLoanHero headquartered?
StudentLoanHero is headquartered in Charlotte, US.
Which VCs invest in companies like StudentLoanHero?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at StudentLoanHero's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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