Tuition.io Overview
- Year Founded
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2011
- Status
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Private
- Employees
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171
- Latest Deal Type
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Later Stage VC
- Investors
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30
Tuition.io General Information
Description
Developer of a student loan management platform intended for employers to offer as an employee benefit. The company's platform allows employees to consolidate and manage their student loans, track progress towards repayment, and potentially increase monthly payments, resulting in faster debt payoff and reduced delinquency rates, helping employers attract and retain talent by addressing a major financial burden for many workers.
Contact Information
Website
www.tuition.ioCorporate Office
- 181 2nd Avenue
- Suite 560
- San Mateo, CA 94401
- United States
Corporate Office
- 181 2nd Avenue
- Suite 560
- San Mateo, CA 94401
- United States
Tuition.io Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 10. Later Stage VC | 01-Oct-2022 | Completed | Generating Revenue | |||
| 9. Later Stage VC (Series C) | 28-Oct-2020 | Completed | Generating Revenue | |||
| 8. Debt - PPP | 29-Apr-2020 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series B1) | 10-Jul-2019 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series B) | 07-Jul-2017 | Completed | Generating Revenue | |||
| 5. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 4. Early Stage VC (Series A) | 18-Nov-2015 | Completed | Generating Revenue | |||
| 3. Seed Round | 01-Jan-2015 | Completed | Generating Revenue | |||
| 2. Seed Round | 27-Feb-2013 | $1M | $1M | Completed | Product In Beta Test | |
| 1. Accelerator/Incubator | 01-Jan-2012 | Completed | Product In Beta Test |
Tuition.io Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B1 | ||||||||
| Series B | ||||||||
| Series A | 10,067,001 | $0.000010 | $0.04 | $0.48 | $0.48 | 1x | $0.48 | 2.44% |
| Seed | 5,035,267 | $0.000010 | $0.02 | $0.4 | $0.4 | 1x | $0.4 | 1.22% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
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Tuition.io Comparisons
Industry
Financing
Details
Tuition.io Competitors (12)
One of Tuition.io’s 12 competitors is Summer (Financial Software), 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 |
|---|---|---|---|---|---|---|
| Summer (Financial Software) | Venture Capital-Backed | New York, NY | ||||
| Fundera | Formerly VC-backed | New York, NY | ||||
| Vault (Financial Software) | Formerly VC-backed | Austin, TX | ||||
| LendKey | Venture Capital-Backed | Cincinnati, OH | ||||
| Propelld | Venture Capital-Backed | Bangalore, India |
Tuition.io Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Tuition.io Investors (30)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Chartline Capital Partners | Venture Capital | Minority | ||
| Bonfire Ventures | Venture Capital | Minority | ||
| Guardian Life Insurance Company of America | Corporation | Minority | ||
| Horace Mann Educators | Corporation | Minority | ||
| Smith Family Circle | Family Office | Minority |
Tuition.io Acquisitions (1)
Tuition.io’s most recent deal was a Merger/Acquisition with Wiley (Tuition Manager Business). The deal was made on 31-May-2023.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Wiley (Tuition Manager Business) | 31-May-2023 | Merger/Acquisition | Other Services (B2C Non-Financial) |
Tuition.io FAQs
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When was Tuition.io founded?
Tuition.io was founded in 2011.
-
Where is Tuition.io headquartered?
Tuition.io is headquartered in San Mateo, CA.
-
What is the size of Tuition.io?
Tuition.io has 171 total employees.
-
What industry is Tuition.io in?
Tuition.io’s primary industry is Business/Productivity Software.
-
Is Tuition.io a private or public company?
Tuition.io is a Private company.
-
What is Tuition.io’s current revenue?
The current revenue for Tuition.io is .
-
How much funding has Tuition.io raised over time?
Tuition.io has raised $32.3M.
-
Who are Tuition.io’s investors?
Chartline Capital Partners, Bonfire Ventures, Guardian Life Insurance Company of America, Horace Mann Educators, and Smith Family Circle are 5 of 30 investors who have invested in Tuition.io.
-
Who are Tuition.io’s competitors?
Summer (Financial Software), Fundera, Vault (Financial Software), LendKey, and Propelld are some of the 12 competitors of Tuition.io.
Data Transparency
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