www.simpletuition.com
HQ Location: Newton, Massachusetts
Product Being Demoed: SimpleTuition.com
Product Launched: May 2006
Metrics: $11.9M raised, 20 employees, 80K visitors per month
How they describe themselves:
Founded in 2005, SimpleTuition is the leading education loan comparison site for personalized student loan research. SimpleTuition is dedicated to helping students and parents make sense of education financing options. The Company offers the leading independent and interactive solution for researching and comparing private, PLUS, Stafford, GradPLUS and Federal Consolidation loans. The site has been recently featured on Kiplinger’s Best List as the best financial services web site for student loans and as one of Fast Company’s Top Web 2.0 sites. The company also holds awards for exceptional website development from the Interactive Media Council, Web Marketing Association and the International Academy of Visual Arts.
What they think makes them better:
SimpleTuition offers borrowers a choice and connects them directly to the lender. Furthermore, SimpleTuition helps students/parents understand the differences between the various student loan products and allows potential borrowers to sort by monthly payment, total cost of the loan, number of payments, first payment due date and APR, as well as includes detailed information about loan pricing, borrower benefits and other attributes.
Executives: Kevin Walker (Co-Founder & CEO), Patrick Kandianis (Co-Founder, EVP & Chief Sales Officer), David Rodger (SVP Engineering), David Cumberbatch (SVP Marketing), Larry Rausch (VP Sales), Chris Stevens (VP Business Development)
Investors: Atlas Venture (www.atlasventure.com), Flybridge Capital Partners (www.flybridge.com), North Hill Ventures (www.northhillventures.com)
Customers: First Marblehead, Discover, SunTrust, Wells Fargo and Key Bank
Partnerships: USA Funds, GradSchools.com, College Parents of America
Contacts:
Bus. Dev. – Chris Stevens, VP Bus. Dev., cstevens@simpletuition.com, 617-630-6100
Press – Jan Jahosky, jan@kmcpartners.com, 407-331-4699
Sales – Larry Rausch, VP of Sales, lrausch@simpletuition.com, 617-630-6100
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