About Saving for College
Saving for College is a company based in Pittsford (United States) founded in 1999 was acquired by Backer in December 2023.. Saving for College has completed 1 acquisition, including The College Monk. Saving for College offers products and services including 529 College Savings Calculator, Financial Aid Calculator, and 529 Comparison Tool. Saving for College operates in a competitive market with competitors including Female Invest, Finimize, Investview, CityFALCON and WealthyLife, among others.
- Headquarter Pittsford, United States
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Saving For College, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Backer
(Dec 21, 2023)
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Products & Services of Saving for College
Saving for College offers a comprehensive portfolio of products and services, including 529 College Savings Calculator, Financial Aid Calculator, and 529 Comparison Tool. 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.
Estimates college costs and savings contributions.
Assesses eligibility for financial aid based on income.
Customizes 529 plan comparisons for users.
Funding Insights of Saving for College
| 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 |
Investors in Saving for College
Saving for College has secured backing from 1 investor. Prominent investors backing the company include Backer. 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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College savings plans are managed via an online platform.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Saving for College
Saving for College has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include The College Monk. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Online discovery platform for students
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Saving for College
| 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 |
Saving For College Comparisons
Competitors of Saving for College
Saving for College 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 Female Invest, Finimize, Investview, CityFALCON and WealthyLife, 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 |
Personal finance and investment training is delivered digitally to women.
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Financial news app
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Online financial management training and resources are provided.
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| domain | founded_year | HQ Location |
AI-powered financial news and content platform
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| domain | founded_year | HQ Location |
Financial literacy is delivered via Edtech games and adaptive testing.
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| domain | founded_year | HQ Location |
Financial learning tools and payment cards for children are provided.
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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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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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Latest news on Saving For College
Frequently Asked Questions about Saving for College
When was Saving for College founded?
Saving for College was founded in 1999.
Where is Saving for College located?
Saving for College is headquartered in Pittsford, United States. It is registered at Pittsford, New York, United States.
What does Saving for College do?
Saving for College was established in 1999 in Pittsford, United States, within the financial education sector. An online portal is maintained for parents and financial professionals, featuring tools, calculators, and articles on 529 plans. State-specific options are detailed to assist in selecting savings strategies for college tuition. Operations focus on providing factual resources for future education funding.
Who are the top competitors of Saving for College?
Saving for College's top competitors include Investview, Female Invest and BusyKid.
What products or services does Saving for College offer?
Saving for College offers 529 College Savings Calculator, Financial Aid Calculator, and 529 Comparison Tool.
How many acquisitions has Saving for College made?
Saving for College has made 1 acquisition, including The College Monk.
Who are Saving for College's investors?
Saving for College has 1 investor. Key investors include Backer.
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