Frank (Franklin) Overview
- Year Founded
-
2017
- Status
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Acquired/Merged
- Employees
-
19
- Latest Deal Type
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M&A
- Latest Deal Amount
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$175M
Frank (Franklin) General Information
Description
Developer of a financial platform designed to assist students in seeking financial aid. The company's platform helps applicants gain access to scholarships and tuition fees for a given period by filling out a form that determines eligibility for grants, loans and work-study programs, enabling students to receive financial assistance for completing their higher education during or prior to gaining admission to colleges.
Contact Information
Website
www.withfrank.orgCorporate Office
- 1111 Polaris Parkway
- Columbus
- Franklin, OH 43240
- United States
Corporate Office
- 1111 Polaris Parkway
- Columbus
- Franklin, OH 43240
- United States
Frank (Franklin) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Merger/Acquisition | 21-Sep-2021 | $175M | Completed | Generating Revenue | ||
| 5. Debt - PPP | 01-May-2020 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A1) | 23-Mar-2020 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 04-Jan-2018 | Completed | Generating Revenue | |||
| 2. Seed Round | 01-Mar-2017 | $5.5M | $5.5M | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 01-Mar-2017 | Completed | Generating Revenue |
Frank (Franklin) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-1 | ||||||||
| Series A | ||||||||
| Seed-1 | 5,525,000 | $0.000100 | $0.02 | $0.2 | $0.2 | 1x | $0.2 | 3.06% |
| Seed | 17,664,000 | $0.000100 | $0.02 | $0.25 | $0.25 | 1x | $0.25 | 9.79% |
Frank (Franklin) Comparisons
Industry
Financing
Details
Frank (Franklin) Competitors (3)
One of Frank (Franklin)’s 3 competitors is Mos, a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Mos | Venture Capital-Backed | San Francisco, CA | ||||
| Regent Education | Private Equity-Backed | Frederick, MD | ||||
| Beam ((Financial Software)) | Formerly VC-backed | New York, NY |
Frank (Franklin) Signals
Frank (Franklin) Former Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Aleph (Israel) | Venture Capital | Minority | ||
| Apollo Global Management | PE/Buyout | Minority | ||
| Chegg | Corporation | Minority | ||
| Gaingels | Venture Capital | Minority | ||
| GingerBread Capital | Family Office | Minority |
Frank (Franklin) FAQs
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When was Frank (Franklin) founded?
Frank (Franklin) was founded in 2017.
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Where is Frank (Franklin) headquartered?
Frank (Franklin) is headquartered in Franklin, OH.
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What is the size of Frank (Franklin)?
Frank (Franklin) has 19 total employees.
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What industry is Frank (Franklin) in?
Frank (Franklin)’s primary industry is Consumer Finance.
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Is Frank (Franklin) a private or public company?
Frank (Franklin) is a Private company.
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What is the current valuation of Frank (Franklin)?
The current valuation of Frank (Franklin) is .
-
What is Frank (Franklin)’s current revenue?
The current revenue for Frank (Franklin) is .
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How much funding has Frank (Franklin) raised over time?
Frank (Franklin) has raised $20.5M.
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Who are Frank (Franklin)’s investors?
Aleph (Israel), Apollo Global Management, Chegg, Gaingels, and GingerBread Capital are 5 of 11 investors who have invested in Frank (Franklin).
-
Who are Frank (Franklin)’s competitors?
Mos, Regent Education, and Beam ((Financial Software)) are competitors of Frank (Franklin).
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When was Frank (Franklin) acquired?
Frank (Franklin) was acquired on 21-Sep-2021.
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Who acquired Frank (Franklin)?
Frank (Franklin) was acquired by JP Morgan Chase.
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