Stride Funding
Founded Year
2018Stage
Convertible Note | AliveTotal Raised
$48.2MLast Raised
$4M | 9 mos agoAbout Stride Funding
Stride Funding facilitates Income Share Agreements (ISAs) between students and investors to create better financial outcomes for students and risk-adjusted returns for investors. The company was founded in 2018 and is based in Boston, Massachusetts.
Stride Funding's Product Videos
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Stride Funding's Products & Differentiators
Deferred Tuition Agreement
Deferred Tuition Agreement contingent on graduation
Research containing Stride Funding
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CB Insights Intelligence Analysts have mentioned Stride Funding in 1 CB Insights research brief, most recently on Jul 23, 2020.
Jul 23, 2020
10 Startups Addressing The Student Loan Debt CrisisExpert Collections containing Stride Funding
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Stride Funding is included in 2 Expert Collections, including Digital Lending.
Digital Lending
1,801 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Fintech
7,746 items
US-based companies
Latest Stride Funding News
Oct 25, 2022
Stride Funding, a mission-driven fintech company that offers access to outcomes-based education financing products, announced a partnership with FinWise Bank to provide Income Share Loans (ISLs) and non-cosigner loans to students seeking affordable, flexible, and personalized funding options across degree and non-degree education. “We want all students to reach their potential and working with Stride Funding will allow us to offer an innovative solution that helps them do just that.” Unlike traditional lenders, Stride Funding looks at where students are going, rather than where they came from. Stride Funding utilizes innovative credit models to drive access without requiring cosigners. In addition, Stride Funding provides meaningful wrap-around career support to support strong outcomes for its borrowers. Partnering with FinWise Bank will allow Stride Funding to reach more students, launch more products that increase access to affordable financing, and enable deeper regulatory compliance and transparency for its customers. “Stride Funding was founded from a student-first perspective to better align the cost and value of education,” said Tess Michaels , Founder and CEO of Stride Funding. “Our solution offers students peace of mind when it comes to funding their studies. Partnering with a top-tier institution like FinWise Bank will allow us to reach students who may feel left out of traditional credit markets through no fault of their own and will allow them to achieve their full potential without having to worry about immediate loan repayments. The team here at Stride Funding could not be more excited for this incredible opportunity to work with such a mission-aligned partner.” “FinWise and Stride Funding share a common goal of providing financing solutions that allow borrowers to fund their education no matter where they are in their financial journey,” said Simon Darchis, Director of Specialty Lending at FinWise Bank. “We want all students to reach their potential and working with Stride Funding will allow us to offer an innovative solution that helps them do just that.”
Stride Funding Frequently Asked Questions (FAQ)
When was Stride Funding founded?
Stride Funding was founded in 2018.
Where is Stride Funding's headquarters?
Stride Funding's headquarters is located at 177 Huntington Ave, Boston.
What is Stride Funding's latest funding round?
Stride Funding's latest funding round is Convertible Note.
How much did Stride Funding raise?
Stride Funding raised a total of $48.2M.
Who are the investors of Stride Funding?
Investors of Stride Funding include Sinai Ventures, Slow Ventures, GSV Ventures, Juvo Ventures, Graham Holdings Company and 7 more.
Who are Stride Funding's competitors?
Competitors of Stride Funding include Vemo Education and 1 more.
What products does Stride Funding offer?
Stride Funding's products include Deferred Tuition Agreement and 1 more.
Who are Stride Funding's customers?
Customers of Stride Funding include General Assembly and Silicon Valley Academy.
Compare Stride Funding to Competitors
Vemo Education works with higher education institutions and their affiliates to effectively design and implement unique alternatives to traditional debt-dependent education finance options.
edly is an income share agreement marketplace that connects accredited ISA investors with ISA issuers such as colleges, skills academics, and vocational schools. The company serves students and schools. The company was founded in 2019 and is based in Briarcliff Manor, New York.
MentorWorks Education Capital provides Income Share Agreement (ISA) financing - a student loan alternative that minimizes debt and maximizes career outcomes.
Better Future Forward provides low-risk funding for low-income individuals through income share agreements. It is based in Lakeville, Minnesota.
Mia Share provides an all in one Income Share Agreement solution for schools. The firm sets up, manages, and invests customers' ISA programs.
EdBridg is a FinTech company that enables students to finance their schooling using income share agreements instead of traditional loans. Students can attend their dream schools and programs in exchange for committing a fixed percentage of their revenues over a fixed period of time.
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