Tech Company Financing Transactions

Earnest Funding Round

Earnest, operating out of San Francisco, raised $17 million from Maveron, Accomplice and Andreessen Horowitz.

Transaction Overview

Company Name
Announced On
1/28/2015
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series A
Investors

Maveron (Lead Investor) (Rebecca Kaden)

Accomplice (Jeffrey Fagnan)

Andreessen Horowitz

Collaborative Fund

First Round Capital

Proceeds Purpose
The San Francisco-based startup has 35 employees on staff, working out of the old Zenefits office on Portrero Hill, and will use some of the money to move into a new location. The company's foray into student loan refinancing is just the first step in its mission to penetrate every major lending market. Beryl says the company will look to provide auto loans and mortgages, as well.

Company Information

Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
3001 19th Street
San Francisco, CA 94110
USA
Email Address
Overview
Refinance your student loans and save an average of $17,936 with low rates starting at 2.13% APR. Make paying off student debt easier with customized loan payments.
Profile
Earnest LinkedIn Company Profile
Social Media
Earnest Company Twitter Account
Company News
Earnest News
Facebook
Earnest on Facebook
YouTube
Earnest on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Louis Beryl
  Louis Beryl LinkedIn Profile  Louis Beryl Twitter Account  Louis Beryl News  Louis Beryl on Facebook
Chief Operating Officer
Benjamin Hutchinson
  Benjamin Hutchinson LinkedIn Profile  Benjamin Hutchinson Twitter Account  Benjamin Hutchinson News  Benjamin Hutchinson on Facebook
Chief Technical Officer
Brian Romanko
  Brian Romanko LinkedIn Profile  Brian Romanko Twitter Account  Brian Romanko News  Brian Romanko on Facebook
VP - General Counsel
Beth Stevens
  Beth Stevens LinkedIn Profile  Beth Stevens Twitter Account  Beth Stevens News  Beth Stevens on Facebook
VP - Operations
Patrick Stanley
  Patrick Stanley LinkedIn Profile  Patrick Stanley Twitter Account  Patrick Stanley News  Patrick Stanley on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/27/2015: Xenex Disinfection Services venture capital transaction
Next: 1/28/2015: Pushbullet venture capital transaction

 

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We do our best to report on every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 


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