About SimpleTuition
SimpleTuition is a company based in Boston (United States) founded in 2006.. SimpleTuition has raised $21.95 million across 5 funding rounds from investors including Atlas Venture, Horizon Tech Finance and Flybridge Capital Partners. SimpleTuition has completed 2 acquisitions, including TuitionCoach and Valore. SimpleTuition offers products and services including Private Student Loans, Personal Loans, Auto Loans, Business Loans, and Mortgages. SimpleTuition operates in a competitive market with competitors including Credible Labs, Mos, Sparrow, Lendedu.com and Pay4Edu, among others.
- Headquarter Boston, United States
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Sectors
EducationFinancial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Tree.Com, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$21.95 M (USD)
in 5 rounds
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Latest Funding Round
$4.05 M (USD), Series D
May 13, 2013
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Investors
Atlas Venture
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
TuitionCoach
& 1 more
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Products & Services of SimpleTuition
SimpleTuition offers a comprehensive portfolio of products and services, including Private Student Loans, Personal Loans, Auto Loans, Business Loans, and Mortgages. 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.
Offers credit-based loans for education expenses and costs.
Provides funding for debt consolidation and bad credit needs.
Finances vehicle purchases and refinancing options.
Supports working capital and startup funding requirements.
Facilitates home loans and equity refinancing processes.
Funding Insights of SimpleTuition
SimpleTuition has successfully raised a total of $21.95M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $4.05 million completed in May 2013. 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 5
- Last Round Series D — $4.1M
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First Round
First Round
(14 Apr 2006)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2013 | Amount | Series D - SimpleTuition | Valuation |
investors |
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| Aug, 2012 | Amount | Debt – Venture - SimpleTuition | Valuation |
investors |
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| Jan, 2009 | Amount | Series C - SimpleTuition | 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 SimpleTuition
SimpleTuition has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Atlas Venture, Horizon Tech Finance and Flybridge Capital Partners. 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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Structured debt is provided to life sciences and technology firms.
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Founded Year | Domain | Location | |
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Venture capital firm investing in life science and biotechnology sectors
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Founded Year | Domain | Location | |
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Early-stage tech startups are funded by Flybridge Capital Partners.
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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 SimpleTuition
SimpleTuition has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include TuitionCoach and Valore. 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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College financial guidance services are provided for tuition planning.
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2006 | ||||
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Online platforms for educational resources are provided to students.
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2005 |
| 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 - SimpleTuition
| 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 |
Simpletuition Comparisons
Competitors of SimpleTuition
SimpleTuition 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 Credible Labs, Mos, Sparrow, Lendedu.com and Pay4Edu, 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 |
Alternate lending for student loans and refinancing is provided.
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| domain | founded_year | HQ Location |
An online platform for discovering college financial aid is provided.
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| domain | founded_year | HQ Location |
Sparrow is recognized as a leading student loan search platform.
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| domain | founded_year | HQ Location |
Online platform that helps users compare financial products like student loans, personal loans, mortgages, and credit cards
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| domain | founded_year | HQ Location |
Financial platform provides strategies for education funding and resources.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 SimpleTuition
When was SimpleTuition founded?
SimpleTuition was founded in 2006.
Where is SimpleTuition located?
SimpleTuition is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is SimpleTuition a funded company?
SimpleTuition is a funded company, having raised a total of $21.95M across 5 funding rounds to date. The company's 1st funding round was a Series C of $6M, raised on Apr 14, 2006.
What does SimpleTuition do?
SimpleTuition was founded in 2006 in Boston, United States, within the education and financial services sector. College planning tools, advice, and resources on scholarships, financial aid, textbook rentals, debt management, and loan comparisons are provided through the platform. SmarterBucks, a rewards program for debt repayment, was developed, and ValoreBooks was acquired in 2012 to enable price comparisons for textbooks.
Who are the top competitors of SimpleTuition?
SimpleTuition's top competitors include Credible Labs, Mos and Futr.
What products or services does SimpleTuition offer?
SimpleTuition offers Private Student Loans, Personal Loans, Auto Loans, Business Loans, and Mortgages.
How many acquisitions has SimpleTuition made?
SimpleTuition has made 2 acquisitions, including TuitionCoach, and Valore.
Who are SimpleTuition's investors?
SimpleTuition has 4 investors. Key investors include Atlas Venture, Horizon Tech Finance, Flybridge Capital Partners, and North Hill Ventures.
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