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CommonBond Stock

Financial Technology Platform

Founded

2011

Notable Investors

First Republic Bank

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

November 2012$3.5M
September 2013$8.7M
September 2013$100M
October 2014$5.5M
September 2015$36.5M
January 2016$275M
July 2016$30.0M
July 2016$300M
March 2018$50.0M
February 2019$750M

Management

Chief Executive Officer

David Klein

Chief Financial Officer

Morgan Edwards

Press

Other Companies

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Some data provided by Crunchbase

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