Goodly, a San Francisco, CA-based platform for student loan assistance as an employee benefit, raised $1.3m in seed funding.
The round was led by Norwest Venture Partners with participation from Y Combinator, Ace & Company, Zeno Ventures and several prominent angel investors.
The company intends to use the funds to continue to expand operations.
Founded by Gregory Poulin and Hemant Verma and launched at Y Combinator in 2018, Goodly provides a platform that lets any employer offer student loan assistance to employees affordably. The technology solution lets employers make regular contributions towards paying down employees’ student loans while allowing employees to automate their regular payments and access expert student loan counseling through a student loan wellness platform.