Fundz

Nelnet Secures $435 Million Unsecured Line of Credit

PUBLIC · NNIApr 02, 2026

Amount Raised

$435 Million

Round Type

Funding Round

LincolnEnergySustainabilityFinancial ServicesFinanceLendingBankinginformation technology & services

Investors

Regions BankFirst National Bank Of OmahaWells Fargo Securities, LLCRoyal Bank Of CanadaWells Fargo Bank, National AssociationU.S. Bank National Association

Description

On March 31, 2026, Nelnet, Inc. entered into a Credit Agreement for a $435 million unsecured line of credit. The agreement involves multiple financial institutions, including U.S. Bank and Wells Fargo

Quick answer

Nelnet raised $435 Million in a Funding Round round, dated April 2, 2026. Investors: Regions Bank, First National Bank Of Omaha, Wells Fargo Securities, LLC, Royal Bank Of Canada, Wells Fargo Bank, National Association and U.S. Bank National Association. Nelnet is based in Lincoln, Nebraska, United States.

How much did Nelnet raise?
Nelnet raised $435 Million in a Funding Round round on April 2, 2026.
Who invested in Nelnet?
Regions Bank, First National Bank Of Omaha, Wells Fargo Securities, LLC, Royal Bank Of Canada, Wells Fargo Bank, National Association and U.S. Bank National Association are named as investors in this round.
What does Nelnet do?
Nelnet, Inc. is a Nebraska-based company that primarily operates in the financial services industry, focusing on education-related financial solutions.
Where is Nelnet based and how big is it?
Nelnet is based in Lincoln, Nebraska, United States. Fundz records about 6,800 employees.
Who are the decision-makers at Nelnet?
Fundz holds 2 contacts at Nelnet, including the Software Engineering Manager II. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Sustainability around the same time

Companies in the same sectors as Nelnet that raised within 45 days of this round, from Fundz verified event records.

  • Varo raised $124M (Series G) on May 17, 2026.
  • Mercury Technologies raised $200M on May 8, 2026.
  • Bread Financial™ raised $115M (Post-IPO Equity) on May 6, 2026.
  • Royal Bank of Canada raised $1.4B (Debt Financing) on May 2, 2026.
  • Ally Financial raised $1B (Post-IPO Equity) on May 2, 2026.
  • BayFirst Financial raised $80M on April 28, 2026.

Who to call at Nelnet, and when

A new round usually means Nelnet is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Nelnet

Location

121 South 13th St

Lincoln, Nebraska, United States

About

Nelnet, Inc. is a Nebraska-based company that primarily operates in the financial services industry, focusing on education-related financial solutions. The company provides a range of services, including student loan servicing, asset management, and the provision of education funding products. Nelnet serves a diverse customer base across the United States, aiming to improve access to higher education funding. The company is publicly traded under the ticker symbol NNI on the New York Stock Exchange and is recognized for its commitment to customer service and innovation in educational financial products.

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Fundz sees it the moment Nelnet raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsKenneth V., Software Engineering Manager II hiddenSee plans and pricing
Predictive Intelligence
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Nelnet raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.