Clasp

Stride Funding is a groundbreaking venture-backed company, awarded the 2022 Startup of the Year by Startup Boston. Their mission is to transform access to education through innovative financing methods. They utilize alternative data sets and innovative modeling techniques to offer outcomes-driven financing products, such as income share loans, deferred tuition agreements, and employer sponsored programs. These financing options are based on students' future career trajectory rather than their historical family credit profile.

Recently, Stride Funding closed the largest Income Share Loan fund in history, securing a remarkable $105 million in debt financing investment from Encina Capital Partners, LLC on 30 March 2022. This funding is specifically designed to support non-degree students in high-quality bootcamps, marking a significant milestone in the company's journey. As the largest player in the outcomes-based financing market, Stride Funding supports students at over 150 schools and bootcamp programs across the United States, with a servicing portfolio exceeding $135 million.

Since their establishment in 2018, Stride Funding has demonstrated impressive growth, with the team expanding 3x in the past year. Their commitment to creating meaningful change and fostering a student-centric approach is evident in every aspect of their operations. The company's collaborative, data-driven, and mission-focused culture emphasizes outcomes-driven, student centric, data-inspired, and team-oriented values.

As they continue to charge ahead on their student-centric mission, Stride Funding invites individuals to join the Stride Squad. They are seeking professionals who are passionate, data-driven, and dedicated to generating impact, both for their students and within their teams. With a focus on education and financial services, Stride Funding's innovative approach and substantial investments position them as a key player in the transformation of access to education.