Edly Overview
- Year Founded
-
2019
- Status
-
Private
- Employees
-
21
- Latest Deal Type
-
Seed
- Latest Deal Amount
-
$1M
- Investors
-
12
Edly General Information
Description
Provider of education financing services intended to improve access to academic funding. The company offers income-based repayment loans with streamlined qualification processes, enabling students to finance educational expenses with flexible repayment structures.
Contact Information
Website
edly.comCorporate Office
- 10 Bank Street
- Suite 630
- New York, NY 10606
- United States
Corporate Office
- 10 Bank Street
- Suite 630
- New York, NY 10606
- United States
Edly Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Seed Round | 12-Feb-2024 | $1M | Completed | Generating Revenue | ||
| 6. Seed Round | 18-Oct-2022 | Completed | Generating Revenue | |||
| 5. Debt - General | 09-Mar-2022 | Completed | Generating Revenue | |||
| 4. Seed Round | 13-Aug-2021 | Completed | Generating Revenue | |||
| 3. Equity Crowdfunding | 21-Dec-2020 | Completed | Generating Revenue | |||
| 2. Seed Round | 08-May-2020 | $1.94M | $2.54M | Completed | Generating Revenue | |
| 1. Seed Round | 01-Aug-2019 | $600K | $600K | Completed | Generating Revenue |
Edly Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed III-D | ||||||||
| Seed III-C | ||||||||
| Seed III-B | ||||||||
| Seed III-A | ||||||||
| Seed II Prime P-3 | ||||||||
| Seed II Prime P-2 | ||||||||
| Seed II Prime P-1 | ||||||||
| Seed II-C-2 | ||||||||
| Seed II-C-1 | 100,000 | $0.000100 | $1 | $1 | $1 | 1.89% | ||
| Seed II-B | 205,065 | $0.000100 | $2.44 | $2.44 | 1x | $2.44 | 3.87% |
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.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Edly Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Edly Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Edly Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Azure Ventures Group | Venture Capital | Minority | ||
| Gaingels | Venture Capital | Minority | ||
| Makai VC | Venture Capital | Minority | ||
| Mercurius Media Capital | Venture Capital | Minority | ||
| 10X Capital | Venture Capital | Minority |
Edly Acquisitions (1)
Edly’s most recent deal was a Merger/Acquisition with Avenify. The deal was made on 20-Jan-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Avenify | 20-Jan-2022 | Merger/Acquisition | Financial Software |
Edly FAQs
-
When was Edly founded?
Edly was founded in 2019.
-
Where is Edly headquartered?
Edly is headquartered in New York, NY.
-
What is the size of Edly?
Edly has 21 total employees.
-
What industry is Edly in?
Edly’s primary industry is Consumer Finance.
-
Is Edly a private or public company?
Edly is a Private company.
-
What is Edly’s current revenue?
The current revenue for Edly is .
-
How much funding has Edly raised over time?
Edly has raised $186M.
-
Who are Edly’s investors?
Azure Ventures Group, Gaingels, Makai VC, Mercurius Media Capital, and 10X Capital are 5 of 12 investors who have invested in Edly.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process
