About College Ave
College Ave is a company based in Wilmington (United States) founded in 2014 by Timothy Staley was acquired by Thrivent in September 2022. College Ave has raised $50 million across 4 funding rounds from investors including Thrivent, Guggenheim Investments and Comcast Ventures. The company has 87 employees as of December 31, 2022. College Ave operates in a competitive market with competitors including Navient, ClimbCredit, Ascent, Credible Labs and LendKey Technologies, among others.
- Headquarter Wilmington, United States
- Employees 87 as on 31 Dec, 2022
- Founders Timothy Staley
-
Sectors
EducationFinancial Services
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name College Avenue Student Loans, Ll
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of College Ave
Unlock access to complete
Software Development Team
13 people
Sales and Marketing
12 people
Finance and Accounting
8 people
Product Management Team
7 people
Legal and Compliance
4 people
Data Analysis and Operations Team
4 people
Head Team
3 people
Leadership Team
2 people
Unlock access to complete
Funding Insights of College Ave
College Ave has successfully raised a total of $50M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $385 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in College Ave
College Ave has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Thrivent, Guggenheim Investments and Comcast Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Comcast Ventures is focused on investing in technology startups.
|
Locked | Locked | Locked | |
|
Venture capital financing is offered to innovative entrepreneurs.
|
Locked | Locked | Locked | |
|
DW Partners is engaged in real estate debt investments.
|
Locked | Locked | Locked |
Investor details for College Ave
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by College Ave
Investment portfolio details for College Ave
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - College Ave
Detailed financials for College Ave
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
College Ave Comparisons
Peer comparison for College Ave
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of College Ave
College Ave operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Navient, ClimbCredit, Ascent, Credible Labs and LendKey Technologies, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Student loans and federal servicing are provided by Navient.
|
|
| Locked | Locked | Locked |
Education loans are offered to students at partner schools.
|
|
| Locked | Locked | Locked |
Software development and cloud services are provided by Ascent.
|
|
| Locked | Locked | Locked |
Alternate lending for student loans and refinancing is provided.
|
|
| Locked | Locked | Locked |
Student & Home improvement loans online by local community lenders
|
Detailed competitors of College Ave
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on College Ave
Complete news archive for College Ave
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about College Ave
College Ave was founded in 2014 and raised its 1st funding round 2 years after it was founded.
College Ave is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
College Ave is a funded company, having raised a total of $50M across 4 funding rounds to date.
As of Dec 31, 2022, the latest employee count at College Ave is 87.
Founded in 2014 and based in Wilmington, United States, College Ave functions as a marketplace in the student lending sector. Undergraduate and postgraduate loans are provided without requiring full-time enrollment. Borrowing limits range from a minimum of 2,000 to up to 100 of school-certified costs, including tuition, fees, books, room and board, transportation, and personal expenses. The loan product is issued by Firstrust Bank, a member of the FDIC.
College Ave's top competitors include ClimbCredit, Navient and Credible Labs.
College Ave has 6 investors. Key investors include Thrivent, Guggenheim Investments, Comcast Ventures, Leading Edge Ventures, and DW Partners.