- Funding Received
- $566.2 Million in 9 Rounds from 10 Investors
- Most Recent Funding
- $80 Million Series C on April 3, 2014
- April 1, 2011
- San Francisco, CA
- SoFi connects students and recent graduates with alumni and other community investors through a dedicated lending pool.
- Andy Carra, Andrew Carra, Daniel Macklin, James Finnigan, Ian Brady, Michael Cagney
- Colleges, Social Media, Alumni, All Students, Education, Financial Services, Finance
SoFi is a leading peer-to-peer lender focused on transforming financial services currently addressing the flawed student loan market. SoFi’s affinity-based marketplace connects high-quality alumni borrowers and investors directly, benefitting them both by bypassing the banks.
SoFi was founded by a team of Stanford Graduate School of Business (GSB) students in the Fall of 2011. SoFi’s inaugural loan program was a $2MM pilot at the GSB that fall. Since then, SoFi has funded over $450 million in loans. SoFi is located in the Presidio in San Francisco, and is backed by a group of leading angel and institutional investors, including Baseline Ventures, Peter Thiel, and Joe Chen, CEO of Renren.
Current Team (5)Update
Past Team (5)Update
Funding Rounds (9) - $566.2MUpdate
Board Members and Advisors (6)Update
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