Clasp Overview
- Year Founded
-
2018
- Status
-
Private
- Employees
-
68
- Latest Deal Type
-
Series B
- Latest Deal Amount
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$25M
- Investors
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25
Clasp General Information
Description
Provider of student loan assistance services intended to help students reduce their post-graduation debt burdens. The company connects students with future employers who will help them repay their student loans and helps employers build a broader, more sustainable pipeline of new hires who stay longer by addressing their financial burden, enabling students to get pre-selected by an employer who wants to invest in their potential and long-term career growth.
Contact Information
Website
www.clasp.comCorporate Office
- PO Box 961750
- Boston, MA 02196
- United States
Corporate Office
- PO Box 961750
- Boston, MA 02196
- United States
Clasp Timeline
Clasp Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Later Stage VC (Series B) | 26-Mar-2026 | $25M | Completed | Generating Revenue | ||
| 8. Later Stage VC (Series A2) | 17-Sep-2024 | Completed | Generating Revenue | |||
| 7. Accelerator/Incubator | 01-Apr-2024 | Completed | Generating Revenue | |||
| 6. Early Stage VC (Series A3) | 03-May-2022 | Completed | Generating Revenue | |||
| 5. Debt - General | 06-Apr-2022 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series A) | 02-Dec-2021 | Completed | Generating Revenue | |||
| 3. Debt - General | 22-Oct-2021 | Completed | Generating Revenue | |||
| 2. Seed Round | 15-Jul-2020 | $4.7M | $4.7M | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 24-Sep-2019 | Completed | Generating Revenue |
Clasp Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B-1 | ||||||||
| Series B | ||||||||
| Series A-3 | ||||||||
| Series A-2 | ||||||||
| Series A-1 | ||||||||
| Series A | ||||||||
| Seed-1 | 811,197 | $0.000100 | 6% | $0.13 | $0.13 | 1x | $0.13 | 0.85% |
| Seed | 8,521,411 | $0.000100 | 6% | $0.26 | $0.26 | 1x | $0.26 | 8.94% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Clasp Comparisons
Industry
Financing
Details
Clasp Competitors (1)
One of Clasp’s competitors is Edly, a Venture Capital-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Edly | Venture Capital-Backed | New York, NY |
Clasp Signals
Clasp Investors (25)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Digitalis Ventures | Venture Capital | Minority | ||
| Docstoc | Corporation | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority | |||
| Kalos Ventures (NY) | Venture Capital | Minority |
Clasp FAQs
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When was Clasp founded?
Clasp was founded in 2018.
-
Where is Clasp headquartered?
Clasp is headquartered in Boston, MA.
-
What is the size of Clasp?
Clasp has 68 total employees.
-
What industry is Clasp in?
Clasp’s primary industry is Consumer Finance.
-
Is Clasp a private or public company?
Clasp is a Private company.
-
What is the current valuation of Clasp?
The current valuation of Clasp is .
-
What is Clasp’s current revenue?
The current revenue for Clasp is .
-
How much funding has Clasp raised over time?
Clasp has raised $191M.
-
Who are Clasp’s investors?
Digitalis Ventures, Docstoc, , , and Kalos Ventures (NY) are 5 of 25 investors who have invested in Clasp.
-
Who are Clasp’s competitors?
Edly is a competitor of Clasp.
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