CommonBond

CommonBond

  • FOUNDING YEAR: 2011
    LOCATION:
    United States
    REGION:
    New York
    Last Update:
    14 Feb, 2020

Description

FOCUS

PRODUCTS & SERVICES:
Online platform for refinancing student loans. Helps students to bypass conditions like inocme,assets to get loans at a very cheap rate.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Students
EXISTING PARTNERSHIPS:
Nelnet - To offer services to wider range of customers and helps investors to buy loans.
COMMENT
Makes student loan process faster and at low interest rate. It provides additional features like networking opportunities, panels and events, career support, and much more through “CommonBond Family” platform.

PEOPLE

MEDICI analysts will analyze CommonBond soon

TRACTION

Insufficient information for accurate analysis

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$128.61 Millions
DATE OF LAST FUNDING:
Feb 2019
SEED & PRIOR FUNDING:
$3.5 Millions
SEED CLOSED ON:
Nov 2012
FUNDING SERIES:
SERIES A
$8.65 Millions Closed: Sep 2013
SERIES B
$36.46 Millions Closed: Sep 2015
SERIES C
$30 Millions Closed: Jul 2016
SERIES D
$50 Millions Closed: Mar 2018
DEBT FUNDING:
$1.05 Billions
LISTED:
NO

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