# Tuition.io

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tuition-io

- Industry: Financial Services
- Headquarters: San Mateo, US
- Website: www.tuition.io
- Total disclosed funding: $14M
- Latest round: Series B (Sep 21, 2017)
- Investors on record: 11

## About

Tuition.io, Inc., based in the US, provides innovative education assistance benefits aimed at reducing the burden of student loans while enhancing employee education and skill development for various sectors.Founded in 2011 in San Mateo, US, Tuition.io, Inc. specializes in education assistance solutions. The company was established by Brendon McQueen, who has a history of entrepreneurial ventures. It has successfully raised USD 7.00 mn in a SERIES B funding round led by Wildcat Venture Partners, in addition to contributions from MassMutual Ventures and Mohr Davidow Ventures. The total amount raised by the company is USD 7.00 mn, bolstering its operational capabilities and market presence.Tuition.io, Inc. provides a comprehensive suite of education assistance benefits that includes Student Loan Repayment Assistance, Tuition Assistance Administration, and Student Loan Financial Wellness services. These offerings are designed to help employers in various sectors, such as healthcare, education, retail, and government/non-profit organizations, effectively manage tuition assistance benefits and support their employees in tackling student loan debt. The company's platform is tailored to meet the demands of the U.S. market, focusing on enhancing employee motivation and facilitating access to federal debt relief programs.The revenue of Tuition.io, Inc. primarily comes from employer partnerships subscribing to its education assistance benefits platform. The B2B transactions involve employers paying for services such as tuition reimbursement and student loan repayment assistance, which are bolstered by tax-exempt contributions to aid employees in managing their student debt. Pricing plans for their services are structured based on employer size and the number of employees participating in the programs, making core offerings like Tuition Assistance Administration vital for the company's financial health and workforce enrichment.Moving forward, Tuition.io, Inc. aims to expand its product offerings and geographic reach. The company is in the process of developing new products to enhance its educational assistance services. Future market expansion plans include targeting additional sectors within the U.S. to better serve employers in need of educational support for their employees. Recent funding will assist in these initiatives, as evidenced by the exit of Conversion Capital from its stake in Tuition.io, Inc. for an undisclosed amount, indicating ongoing investor confidence in the company's growth trajectory.

## Funding rounds

- Series B, Sep 21, 2017, $7M — Mohr Davidow Ventures, MassMutual Ventures, Wildcat Venture Partners
- Series A, Nov 18, 2015, $5M — Mohr Davidow Ventures, MassMutual Ventures, Wildcat Venture Partners
- Seed, Jan 1, 2015, $1.3M — Mohr Davidow Ventures, Neu Venture Capital, Double M Partners, Rothenberg Ventures
- Seed, Aug 1, 2013 — Conversion Capital
- Seed, Feb 27, 2013, $1M — Mohr Davidow Ventures, Neu Venture Capital, Atom Factory, Launchpad LA, MESA+, Rothenberg Ventures, AF Square

## Investors

- Mohr Davidow Ventures (https://capitalatlas.ai/funds/mohr-davidow-ventures) — Seed, Series A, Series B
- Neu Venture Capital (https://capitalatlas.ai/funds/neu-venture-capital) — Seed
- Atom Factory — Seed
- Launchpad LA — Seed
- MESA+ (https://capitalatlas.ai/funds/mesa) — Seed
- Rothenberg Ventures (https://capitalatlas.ai/funds/rothenberg-ventures) — Seed
- AF Square — Seed
- Conversion Capital (https://capitalatlas.ai/funds/conversion-capital) — Seed
- Double M Partners — Seed
- MassMutual Ventures (https://capitalatlas.ai/funds/massmutual-ventures) — Series A, Series B
- Wildcat Venture Partners (https://capitalatlas.ai/funds/wildcat-venture-partners) — Series A, Series B