About Tuition.io
Tuition.io is a company based in Santa Monica (United States) founded in 2011.. Tuition.io has raised $14.35 million across 7 funding rounds from investors including University of Twente, ORIX USA and Wildcat Venture Partners. Tuition.io offers products and services including Tuition Assistance, Student Loan Financial Wellness, Student Loan Repayment Assistance, Secure 2.0 Retirement Match, and Public Service Loan Forgiveness. Tuition.io operates in a competitive market with competitors including Navient, Candidly, College Ave, ClimbCredit and Summer, among others.
- Headquarter Santa Monica, United States
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Sectors
TechnologyEducation Financial 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
$14.35 M (USD)
in 7 rounds
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Latest Funding Round
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Investors
University of Twente
& 14 more
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Employee Count
Employee Count
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Products & Services of Tuition.io
Tuition.io offers a comprehensive portfolio of products and services, including Tuition Assistance, Student Loan Financial Wellness, Student Loan Repayment Assistance, Secure 2.0 Retirement Match, and Public Service Loan Forgiveness. 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.
Streamlines administration of tuition reimbursements for employee skill development.
Provides decision tools and coaching for managing student loan debt effectively.
Enables tax-exempt contributions to help employees pay down loans faster.
Matches employer contributions on student loan payments for retirement savings.
Assists with loan forgiveness for employees in non-profit sectors.
Offers personalized guidance for student loan and financial planning needs.
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Funding Insights of Tuition.io
Tuition.io has successfully raised a total of $14.35M across 7 strategic funding rounds. 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 7
- Last Round Last Round
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First Round
First Round
(01 Nov 2012)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series B - Tuition.io | Valuation |
investors |
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| Sep, 2017 | Amount | Series B - Tuition.io | Valuation | Wildcat Venture Partners | |
| Nov, 2015 | Amount | Series A - Tuition.io | 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 Tuition.io
Tuition.io has secured backing from 15 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include University of Twente, ORIX USA and Wildcat Venture 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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ORIX USA is engaged in middle market asset management and lending.
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Founded Year | Domain | Location | |
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Early-stage tech VC investments are made primarily in the US.
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Founded Year | Domain | Location | |
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Venture capital investments are managed in technology and healthcare sectors by this firm.
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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 Tuition.io
| 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 - Tuition.io
| 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 |
Tuition.Io Comparisons
Competitors of Tuition.io
Tuition.io 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, Candidly, College Ave, ClimbCredit and Summer, 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 |
Student loans and federal servicing are provided by Navient.
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| domain | founded_year | HQ Location |
Financial wellness solutions for student debt are provided by Candidly.
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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 |
Student loan management solutions are offered online for financial institutions.
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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 |
|---|---|---|---|---|
| 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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Latest news on Tuition.Io
Frequently Asked Questions about Tuition.io
When was Tuition.io founded?
Tuition.io was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Where is Tuition.io located?
Tuition.io is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Who is the current CEO of Tuition.io?
Scott Thompson is the current CEO of Tuition.io.
Is Tuition.io a funded company?
Tuition.io is a funded company, having raised a total of $14.35M across 7 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Nov 01, 2012.
What does Tuition.io do?
Tuition.io was founded in 2011 in Santa Monica, United States, and operates in the employee benefits sector. Modular benefits are offered to employers for addressing student loan debt, including repayment assistance, tuition administration, financial wellness tools, and coaching on programs such as Public Service Loan Forgiveness. Retirement savings matching is also linked to loan payments. The platform is used to streamline administration and supply resources for debt management.
Who are the top competitors of Tuition.io?
Tuition.io's top competitors include ClimbCredit, Navient and Candidly.
What products or services does Tuition.io offer?
Tuition.io offers Tuition Assistance, Student Loan Financial Wellness, Student Loan Repayment Assistance, Secure 2.0 Retirement Match, and 2 more products and services.
Who are Tuition.io's investors?
Tuition.io has 15 investors. Key investors include University of Twente, ORIX USA, Wildcat Venture Partners, Mohr Davidow Ventures, and MassMutual Ventures.
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