CommonBond Stock

Financial Technology Platform

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Founded

2011

Notable Investors

Social Capital

Headquarters

New York NY, US

Total Funding

$1.6B

About CommonBond Stock

CommonBond is a financial technology company that is focused on higher education. It offers to refinance loans to college graduates, new loans to current students, and a suite of student loan repayment benefits to employees through its CommonBond for Business program. Over 40 million Americans are affected by student loan debt – and CommonBond is helping them meet the challenge head-on with bigger savings, better service, and a fast and easy online application. They're on a mission to give students and graduates more affordable, transparent, and simple ways to pay for higher education. CommonBond's team built a better student loan experience that combines advanced technology with competitive rates, award-winning customer service, and best-in-class borrower protections. CommonBond has funded over $2.5 billion in loans, partnered with over 300 corporate clients, and currently serves over 100,000 members. CommonBond is also the first and only finance company with a "one-for-one" social mission: for every loan it funds, CommonBond also funds the education of a child in need, through its partnership with Pencils of Promise. It was founded in 2011 and is headquartered in New York.

Investors

Funding History

April 2012$0
September 2013$7.4M
September 2015$36.5M
July 2016$50.0M
March 2018$50.0M
March 2018$15.0M
March 2018$10.0M

Management

Chief Executive Officer

David Klein

Chief Financial Officer

Morgan Edwards

Press

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