
Summer
Summer is a next-generation student loan management and repayment platform providing users with a comprehensive view of their debt.
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* | $9.0m | Early VC | |
Total Funding | 000k |
Related Content
Summer is a technology-driven company that provides comprehensive education and student loan assistance solutions. It primarily serves hourly and gig workers, as well as employees of organizations that partner with Summer. Operating in the financial wellness market, Summer offers tools to mitigate financial pain points, particularly focusing on student loan debt. The company's business model involves partnering with employers to offer their services as part of employee benefits packages. Summer makes money through these partnerships, providing employers with turnkey tuition reimbursement programs and intelligent tools for student loan contributions. The platform also features an admin dashboard for measuring program effectiveness. With a 97% borrower satisfaction score, Summer has helped tens of thousands of members achieve significant savings through income-driven repayment plans and Public Service Loan Forgiveness.
Keywords: student loan assistance, financial wellness, gig workers, hourly workers, employer partnerships, tuition reimbursement, income-driven repayment, Public Service Loan Forgiveness, financial technology, borrower satisfaction.