Fundraising FoxLoanSense
Ypsilanti, US · Founded 2021 · 2 known investors
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LoanSense helps borrowers lower federal student loan payments through loan forgiveness and repayment optimization, and connects them with lenders to refinance private student loans. The service targets consumers seeking to reduce their debt-to-income ratio and increase home-buying affordability, positioning student loan management alongside the mortgage process.
Founders & leadership
LoanSense was founded in 2021 by Cathaleen Kaiyoorawongs.
CK
Cathaleen KaiyoorawongsChief Executive Officer, Director
Investors · 2
Reported raises · per SEC filings
Form D private placements$1.5M disclosed across 1 round · 2021
▶$1.5MraisedJan 2022 · 5 investors · OtherRule 506(b)
▶$1.5MraisedJan 2022 · 5 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Cathaleen KaiyoorawongsExecutive Officer, Director
- Offering amount
- $2M
- Amount sold
- $1.5M
- Minimum investment
- $5K
- Proceeds to insiders
- $250K
- First sale
- Dec 2021
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Frequently asked questions
- What does LoanSense do?
- LoanSense helps borrowers lower federal student loan payments through loan forgiveness and repayment optimization, and connects them with lenders to refinance private student loans. The service targets consumers seeking to reduce their debt-to-income ratio and increase home-buying affordability, positioning student loan management alongside the mortgage process.
- Who founded LoanSense?
- LoanSense was founded by Cathaleen Kaiyoorawongs in 2021.
- Who are LoanSense's investors?
- LoanSense's investors include American Family Insurance Institute for Corporate and Social Impact, Rethink Capital Partners.
- How much funding has LoanSense raised?
- LoanSense has disclosed $1.5M raised across 1 round.
- Where is LoanSense headquartered?
- LoanSense is headquartered in Ypsilanti, US.