GradFin

Founded: 2015 • Age: 11 yrs Acquired By KeyBank
Student loan refinancing is offered to employees via GradFins platform.
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About GradFin

GradFin is a company founded in 2015 was acquired by KeyBank in May 2022.. GradFin has raised $1.1 million across 1 funding round from investors including KeyBank. GradFin offers products and services including Student Loan Forgiveness Consultation, PSLF Onboarding, and Annual Audit Service. GradFin operates in a competitive market with competitors including Candidly, Savi, Gradifi, Unsaddl and Peanut Butter, among others.

  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Gradfin Llc
Operational Areas
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.1 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.1 M (USD), Seed

    Mar 26, 2018

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    KeyBank

    (May 09, 2022)

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Products & Services of GradFin

GradFin offers a comprehensive portfolio of products and services, including Student Loan Forgiveness Consultation, PSLF Onboarding, and Annual Audit Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides expert guidance on federal loan forgiveness options.

Assists with qualifying and applying for Public Service Loan Forgiveness.

Reviews and tracks student loan payments for forgiveness eligibility.

People of GradFin
Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Alicia Sirois (Sir-wá)
Business Development Associate
People
Lauren Colonna
Business Development Associate
People
Mackensie Ellis
Manager, Business Development
People
Sarah Johnston
Manager, Business Development

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Funding Insights of GradFin

GradFin has successfully raised a total of $1.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.1 million completed in March 2018. 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.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $1.1M
  • First Round

    (26 Mar 2018)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2018 Amount Seed - GradFin Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in GradFin

GradFin has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include KeyBank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Regional bank
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by GradFin

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - GradFin

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Gradfin Comparisons

Employees
+
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Competitors of GradFin

GradFin 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 Candidly, Savi, Gradifi, Unsaddl and Peanut Butter, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Financial wellness solutions for student debt are provided by Candidly.
domain founded_year HQ Location
Education loan repayment is supported by an AI-enabled tool.
domain founded_year HQ Location
Student loan debt repayment and savings solutions are provided.
domain founded_year HQ Location
Student loan repayments are enabled via employer-sponsored online platforms.
domain founded_year HQ Location
Student loan repayment benefits are managed for employee retention.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Gradfin

Frequently Asked Questions about GradFin

When was GradFin founded?

GradFin was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Is GradFin a funded company?

GradFin is a funded company, having raised a total of $1.1M across 1 funding round to date. The company's 1st funding round was a Seed of $1.1M, raised on Mar 26, 2018.

What does GradFin do?

GradFin was founded in 2015 as a platform in the employee benefits sector. Education on student loans is provided to employees through webinars, town halls, and consultations with loan experts. Refinancing services for education loans are facilitated via the platform, targeting reduced interest rates. Operations are conducted online through gradfin.com, with services available to U.S.-based employers and employees.

Who are the top competitors of GradFin?

GradFin's top competitors include Candidly, Savi and Unsaddl.

What products or services does GradFin offer?

GradFin offers Student Loan Forgiveness Consultation, PSLF Onboarding, and Annual Audit Service.

Who are GradFin's investors?

GradFin has 1 investor. Key investors include KeyBank.

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