SoFi
2011
FOUNDED
PRIVATE
STATUS
1K-5K
EMPLOYEES
Series H
LATEST DEAL TYPE
$500M
LATEST DEAL AMOUNT
57
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
Financial Software
Primary Office
- 234 1st Street
- San Francisco, CA 94105
- 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 (Series H) | 29-May-2019 | $500M | 00.000 | 00.00 | Completed | Profitable |
| 9. Later Stage VC | 17-Jan-2019 | 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 H | 00,000,000 | 00.000000 | 00.00 | 000.00 | 000.00 | 00 | 000.00 | 00.000 |
| Series G | 00,000,000 | 00.000000 | 00.00 | 000.00 | 000.00 | 00 | 000.00 | 0.000 |
| 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 | 11.98% |
| Series A | 19,687,500 | $0.000003 | $0.02 | $0.2 | $0.2 | 1x | $0.2 | 6.33% |
SoFi Competitors (45)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Upstart Network | Venture Capital-Backed | San Carlos, CA | 000 | 00000 | 00000000000 | 00000 |
| 00000000 0000 | Formerly VC-backed | San Francisco, CA | 000.00 | 000000&0 | 000.00 | |
| 0000 | Venture Capital-Backed | New York, NY | 000.00 | 000000000 | 000.00 | |
| 00000 00000 | Venture Capital-Backed | Costa Mesa, CA | 000 | 00000 | 00000000000 | 00000 |
| 0000 (0000000 0000 | Venture Capital-Backed | San Francisco, CA | 00 | 00000 | 000000000000 | 00000 |
SoFi Investments & Acquisitions (15)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 0000 0000000 00000 | 15-Aug-2019 | 000000000000000000 | Other Financial Services | 0000000 0000 | |
| 0000000 000000 | 01-Mar-2019 | 000000000000000000 | Social/Platform Software | ||
| 000000000 | 26-Jul-2018 | 00000 00000 00 | 00.000 | Monitoring Equipment | |
| 0000000 | 16-Feb-2018 | 0000 00000 | 00.000 | Financial Software | |
| Clara Lending | 26-Jan-2018 | Merger/Acquisition | Social/Platform Software | 0000000 0000 |
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 (2)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Cabezon Investment Group | Asset Management | San Francisco, CA | 2006 |
| 0000 0000000 00000 | Other Financial Services | VA |
SoFi Investors (57)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Manhattan Venture Partners | Secondary Buyer | Minority | 000 0000 | 000000 0 | ||
| Next Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Qatar Investment Authority | Sovereign Wealth Fund | Minority | 000 0000 | 000000 0 | ||
| Alpha Square Group | Family Office | Minority | 000 0000 | 000000 0 | ||
| G Squared | Venture Capital | Minority | 000 0000 | 000000 0 |
SoFi Executive Team (58)
43 Former Executives
You’re viewing 5 of 58 executives. Get the full list »SoFi Board Members (20)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Ahmed Al-Hammadi | Self | Board Member | 000 0000 | |
| 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 | |
| Clara Liang | SoFi | Board Member | 000 0000 |
1 Former Board Member
You’re viewing 5 of 20 board members. Get the full list »