Thursday, September 21, 2017

Tuition.io Gets $7M In Series B Funding

Santa Monica-based Tuition.io, which helps employers offer up student loan repayment assistance as part of their employee benefits, has raised $7M in a Series B funding round, the company said today. The funding was led by Wildcat Venture Partners, and also included Mohr Davidow Ventures and MassMutual Ventures LLC, the corporate venture capital arm of Massachusetts Mutual Life Insurance Company. According to Tuitionio, the funding will go towards scaling its sales and customer success team, expand its product offerings, and to drive market expansion. Tuition.io says so far that it has signed up such clients as Live Nation, Staples and Fidelity Investments to its programs.

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