
Unsaddl
Unsaddl makes it easy and affordable to get started with a student loan contribution benefit in just minutes.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
investor investor investor | €0.0 | round | |
N/A | Early VC | ||
Total Funding | 000k |
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Unsaddl operates in the employee benefits market, focusing on providing student loan repayment assistance to businesses. The company serves employers who wish to offer student loan contributions as a benefit to their employees. This service is particularly attractive to companies aiming to attract and retain young talent, as 86% of young workers would commit to their company for 5 years if it offered such a benefit. Unsaddl's business model involves a subscription-based service where employers pay a monthly fee to manage and disburse student loan contributions. The platform simplifies the process by allowing employees to opt in and digitally connect their student loans, while Unsaddl handles all verification and coordination. Employers can make annual tax-deductible contributions of up to $5,250 per employee, making it a financially attractive option. The company makes money through these subscription fees and possibly additional service charges.
Keywords: student loan benefits, employee retention, tax-deductible contributions, young talent, subscription service, loan verification, employee benefits, financial wellness, employer contributions, talent acquisition.