SoFi
2011
FOUNDED
PRIVATE
STATUS
1K-5K
EMPLOYEES
Later Stage VC
LATEST DEAL TYPE
(Upcoming)
$500M
LATEST DEAL AMOUNT
53
INVESTORS
Description
Provider of an innovative student lending platform intended to start refinancing student loans. The company's platform includes online banking, personal, mortgage and wealth management, enabling students to receive a lower interest rate based on their career experience, monthly income, financial history and education.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Consumer Finance
Other Industries
Other Financial Services
Primary Office
- One Letterman Drive
- Building A, Suite 4700
- San Francisco, CA 94129
- United States
+1 (855) 000-0000
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SoFi Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Later Stage VC | 25-Apr-2019 | $500M | 00.00 | Upcoming | Profitable | |
| 9. Secondary Transaction - Private | 31-Dec-2018 | 00.000 | Completed | Profitable | ||
| 8. Secondary Transaction - Private | 0000 | 00.000 | Completed | Profitable | ||
| 7. Merger/Acquisition | 25-Oct-2017 | Cancelled | Profitable | |||
| 6. Later Stage VC (Series G) | 21-Mar-2017 | 00000 | 00.000 | 00.00 | Completed | Profitable |
| 5. Later Stage VC (Series F) | 20-Aug-2015 | 000 | 00.000 | 00.000 | Completed | Profitable |
| 4. Later Stage VC (Series E) | 09-Feb-2015 | 00000 | 00000 | 00.000 | Completed | Profitable |
| 3. Later Stage VC (Series D) | 03-Apr-2014 | 0000 | 00000 | 00000 | Completed | Profitable |
| 2. Early Stage VC (Series B) | 12-Sep-2012 | $79.6M | $83.6M | 00000 | Completed | Profitable |
| 1. Early Stage VC (Series A) | 12-Oct-2011 | $4M | $4M | 000 | Completed | Profitable |
SoFi Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series G | 00,000,000 | 00.000000 | 00.00 | 000.00 | 000.00 | 00 | 000.00 | 00.000 |
| Series R | 000,000 | 00.000000 | 00.00 | 000 | 000 | 00 | 000.0 | 0.00 |
| Series F | 00,000,000 | 00.000000 | 00.00 | 000.00 | 000.00 | 00 | 000.00 | 00.000 |
| Series E | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series D | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series C | 0,000,000 | 00.000000 | 00 | 00 | 00 | 00 | 0.000 | |
| Series B | 37,252,051 | $0.000003 | $0.18 | $2.2 | $2.2 | 1x | $2.2 | 14.55% |
| Series A | 19,687,500 | $0.000003 | $0.02 | $0.2 | $0.2 | 1x | $0.2 | 7.69% |
SoFi Competitors (33)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Climb Credit | Venture Capital-Backed | New York, NY | 00 | 00000 | 000000000 | 00000 |
| 0000000 0000000 | Venture Capital-Backed | San Carlos, CA | 000 | 00000 | 00000000000 | 00000 |
| 0000 | Venture Capital-Backed | London, United Kingdom | 000 | 00000 | 00000000000 | 00000 |
| 0000 | Formerly VC-backed | San Francisco, CA | 00 | 00.000 | 000000&0 | 00.000 |
| 00000000000 | Formerly VC-backed | San Francisco, CA | 0000 | 00.000 | 00000000000 | 00.000 |
SoFi Investments & Acquisitions (13)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 000000000 | 26-Jul-2018 | 00000 00000 00 | 00.000 | Monitoring Equipment | |
| 0000000 | 16-Feb-2018 | 0000 00000 | 00.000 | Financial Software | |
| 00000 0000000 | 26-Jan-2018 | 000000000000000000 | Social/Platform Software | 0000000 0000 | |
| 0000000 000000000 | 10-Apr-2017 | 00000 00000 00 | 000 | Specialized Finance | |
| ZenBanx Holding | 01-Feb-2017 | Merger/Acquisition | 00000 | Financial Software | 0000000 000000 |
SoFi Exits (2)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| 0000000 0000000 | 01-Feb-2017 | 000000000000000000 | 00000 | Completed |
|
| Sumu | 01-Jan-2016 | Accelerator/Incubator | Completed |
SoFi Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 0000000 0000000000 | Asset Management | San Francisco, CA | 0000 |
SoFi Investors (53)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| G Squared | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| New Ground Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| GGV Capital | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| GPI Capital | Growth/Expansion | Minority | 000 0000 | 000000 0 | ||
| Korea Investment Partners | Venture Capital | Minority | 000 0000 | 000000 0 |
SoFi Executive Team (56)
38 Former Executives
You’re viewing 5 of 56 executives. Get the full list »SoFi Board Members (18)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Alex Migon | GPI Capital | Board Observer | 000 0000 | |
| Alok Sama | Self | Board Member | 000 0000 | |
| Anthony Noto | SoFi | Chief Executive Officer & Board Member | 000 0000 | |
| David Bonanno | SoFi | Board Member | 000 0000 | |
| David Chao | DCM Ventures | Board Member | 000 0000 |
1 Former Board Member
You’re viewing 5 of 18 board members. Get the full list »