About Pay4Edu
Pay4Edu is a company based in Springfield (United States) founded in 2018 by Colleen Krumwiede and Patrick Kandianis Kandianis. It operates as a D2C. Pay4Edu has raised $575 thousand across 1 funding round from investors including Alchemy Group. Pay4Edu offers products and services including Webinar Service and Pay4Edu App. Pay4Edu operates in a competitive market with competitors including Navient, Auxilo, Eduvanz, College Ave and ClimbCredit, among others.
- Headquarter Springfield, United States
- Founders Colleen Krumwiede, Patrick Kandianis Kandianis
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Sectors
HealthcareFinancial Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$575 K (USD)
in 1 rounds
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Latest Funding Round
$575 K (USD), Seed
Jun 13, 2019
- Investors
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Employee Count
Employee Count
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Products & Services of Pay4Edu
Pay4Edu offers a comprehensive portfolio of products and services, including Webinar Service and Pay4Edu App. 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.
Sessions providing strategies for education funding and cost optimization.
App for accessing personalized education funding resources and strategies.
Funding Insights of Pay4Edu
Pay4Edu has successfully raised a total of $575K through 1 strategic funding round. The most recent funding activity was a Seed round of $575 thousand completed in June 2019. 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 Funding
- Total Rounds 1
- Last Round Seed — $575,000
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First Round
First Round
(13 Jun 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2019 | Amount | Seed - Pay4Edu | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pay4Edu
Pay4Edu has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Alchemy Group. 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.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pay4Edu
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Pay4Edu
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pay4edu Comparisons
Competitors of Pay4Edu
Pay4Edu 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, Auxilo, Eduvanz, College Ave and ClimbCredit, 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 |
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| domain | founded_year | HQ Location |
Student loans and federal servicing are provided by Navient.
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| domain | founded_year | HQ Location |
Financial products for education loans and services are provided.
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| domain | founded_year | HQ Location |
Financial assistance is provided for education, career, and skills development.
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| domain | founded_year | HQ Location |
Student loans marketplace for undergraduate and graduate education is operated.
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| domain | founded_year | HQ Location |
Education loans are offered to students at partner schools.
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| domain | founded_year | HQ Location |
Software development and cloud services are provided by Ascent.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Pay4Edu
When was Pay4Edu founded?
Pay4Edu was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Pay4Edu located?
Pay4Edu is headquartered in Springfield, United States.
Who is the current CEO of Pay4Edu?
Patrick Kandianis Kandianis is the current CEO of Pay4Edu. They have also founded this company.
Is Pay4Edu a funded company?
Pay4Edu is a funded company, having raised a total of $575K across 1 funding round to date. The company's 1st funding round was a Seed of $575K, raised on Jun 13, 2019.
What does Pay4Edu do?
Pay4Edu is a platform focused on helping families plan and fund education costs from preschool to college through tax-saving techniques, scholarships, financial aid, and strategic borrowing. It delivers services via webinars, apps, and personalized meetings to minimize expenses and maximize savings. Users access tools for informed decisions without jeopardizing financial futures, targeting parents and students globally.
Who are the top competitors of Pay4Edu?
What products or services does Pay4Edu offer?
Pay4Edu offers Webinar Service and Pay4Edu App.
Who are Pay4Edu's investors?
Pay4Edu has 1 investor. Key investors include Alchemy Group.
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