Savi was founded by Aaron Smith, Tobin Van Ostern in 2017.

Who are Savi's investors?

Savi's investors include AlleyCorp, Nyca Partners, 9Yards Capital, Magnify Ventures, Nyca, Temerity Capital Partners, Acrew Capital, Alley Robotics Ventures and 1 more.

How much funding has Savi raised?

Savi has disclosed $7.7M raised across 1 of its 2 known rounds.

Where is Savi headquartered?

Savi is headquartered in Washington, D.C., US.

Savi

Washington, D.C., US · Founded 2017 · 65 employees on LinkedIn · 9 known investors

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Savi helps borrowers navigate federal student loan repayment and forgiveness programs through simplified technology and expert guidance. The platform serves employees, employers, and educational institutions seeking to reduce student debt burden.

AI & Machine Learning EdTech Fintech HR Tech

Founders & leadership

Savi was founded in 2017 by Aaron Smith and Tobin Van Ostern.

Aaron Smith Co-FounderCo-founder of Savi, a platform that helps borrowers navigate federal student loan repayment and forgiveness programs.

Tobin Van Ostern Co-FounderTobin Van Ostern worked on the Obama campaign and later as policy staff at the Center for American Progress before co-founding Savi, a public benefit company providing student loan repayment and forgiveness guidance to borrowers through employers and membership organizations.

John C. MorrisNamed on SEC filing

Investors · 9

AlleyCorp✓ confirmed by SaviNew York · $1M – $5M

How we know: AlleyCorp's portfolio page · the company's own site · fintech.global · the VCSheet dataset · Not right? Tell us

Nyca Partners✓ confirmed by SaviNew York · $1M – $10M

How we know: the company's own site · Nyca Partners's portfolio page · fintech.global · Not right? Tell us

9Yards Capital✓ confirmed by SaviNew York · $100K – $10M

How we know: the company's own site · fintech.global · Not right? Tell us

Magnify Ventureslisted by Magnify VenturesSanta Monica · $250K – $2M

How we know: Magnify Ventures's portfolio page · funding news · Not right? Tell us

Nycalisted by NycaNew York · $2M

How we know: Nyca's portfolio page · Not right? Tell us

Temerity Capital Partnerslisted by Temerity Capital Partners

How we know: Temerity Capital Partners's portfolio page · fintech.global · Not right? Tell us

Acrew CapitalreportedSan Francisco · $1M – $15M

How we know: funding news · Not right? Tell us

Alley Robotics VenturesreportedCohasset · $500K – $2Mvia Abe Murray · inferred

How we know: the VCSheet dataset · Not right? Tell us

Resolute VenturesreportedSan Francisco · $1M

How we know: funding news · Not right? Tell us

Funding

SEC filings, press & company announcements

$7.7M disclosed across 1 of 2 rounds · 2020

Undisclosed amountSeries AApr 2020
Source ↗

▶$7.7MraisedApr 2020 · 13 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Tobin Van OsternExecutive Officer, Director
John C. MorrisDirector
Aaron SmithExecutive Officer, Director

Offering amount: $7.7M
Amount sold: $7.7M
First sale: Feb 2020
Incorporated: Other, Delaware, 2016
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 3

SummerSummer helps students and borrowers navigate, manage, and reduce student debt by matching them to federal and state loan-assistance programs, offering repayment planning, and providing college-savings tools. It partners with employers and government agencies to deliver these benefits to their people and residents.

Zendesk New YorkThis is Zendesk's internal belonging/diversity and inclusion program page, not a company profile page for an external company. It describes Zendesk's internal culture initiatives and leadership development programs.

AARPAARP Services is the commercial arm of AARP that connects companies with the 50+ population through brand licensing, marketing, audience data, and innovation services. It helps organizations develop and market products and services tailored to aging consumers while leveraging AARP's trusted brand and member insights.

Companies working in the same space as Savi.

In the news

College isn’t free yet, but Savi raises a $6M Series A to assist student loantechcrunch.com · Apr 2020

Frequently asked questions

What does Savi do?: Savi helps borrowers navigate federal student loan repayment and forgiveness programs through simplified technology and expert guidance. The platform serves employees, employers, and educational institutions seeking to reduce student debt burden.
Who founded Savi?: Savi was founded by Aaron Smith, Tobin Van Ostern in 2017.
Who are Savi's investors?: Savi's investors include AlleyCorp, Nyca Partners, 9Yards Capital, Magnify Ventures, Nyca, Temerity Capital Partners, Acrew Capital, Alley Robotics Ventures and 1 more.
How much funding has Savi raised?: Savi has disclosed $7.7M raised across 1 of its 2 known rounds.
Where is Savi headquartered?: Savi is headquartered in Washington, D.C., US.