Candidly (formerly FutureFuel.io), a New York-based provider of a comprehensive student debt and savings optimization platform, raised $20.5M in Series B funding.
The round was led by Altos Ventures, with participation from Cercano Management.
The company intends to use the funds to expand its business reach.
Led by Laurel Taylor, Founder and CEO, Candidly addresses the lifecycle of education expenses and empowers people to make simultaneous progress on paying down student debt and building wealth. The company partners with employers, and financial institutions, 401(k) and 403(b) recordkeepers, retirement plan advisors, wealth management firms, and core banking providers, such as UBS, Fiserv, and Salesforce, to embed its experience anywhere a user works, banks, or experiences financial services. Distribution partners also include Guild, Empower, Lincoln Financial Group, Vanguard.
FinSMEs
07/03/2023