Summer

About Summer

Summer is a platform focused on providing student loan relief and financial wellness solutions. They aim to help individuals, employers, and government entities reduce the burden of student debt by connecting people with federal programs, optimizing debt repayment, and fostering education savings, with over $1.8 billion in savings delivered.

Products & Services

Student Loan Benefits for Government:Supports workers and communities by reducing household debt and pressure on public services through student loan relief programs.

Student Loan Benefits for Enterprise:Offers student loan benefits to employees, helping employers attract and retain talent with a reported 20% reduction in turnover.

Student Loan Assistance for Individuals:Helps individuals lower monthly payments, get out of default, or qualify for loan forgiveness with guided support.

Debt Optimization:Assists employees in navigating repayment or forgiveness programs hassle-free.

Education Advancement:Empowers employees to estimate college costs and build savings plans.

Payment Reduction:Reduces employees' student loan debt through tax-favorable contributions.

Growth Foster:Advances employees' education via tax-favorable tuition contributions.

Specialties

Student Loan Relief Debt Optimization Financial Wellness Education Savings Employee Benefits

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Unknown T: - FT: Unknown	A: 6000000 MR: - FA: $6M FAN: 6000000	D: 2023-04-26 FD: 2023-04-26	11 investors

Unknown Latest

2023-04-26

$6.0M

11 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

W

Will Sealy

Founder & CEO

D

Dan Macklin

President

R

Ritu Tandon

Chief Operating Officer

M

Michael Scully

Chief Product Officer

R

Rich Williams

Chief Customer Officer

D

Don Weinstein

Chief Innovation Officer

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Recent News

Summer Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised