Fundz

Yelo Funding Announces $1.2 Million In Pre-Seed Funding

PRIVATEApr 20, 2023

Amount Raised

$1.2 Million

Round Type

Pre-Seed

New YorkFinancial ServicesLending

Description

YELO Funding Inc., a New York-based fintech startup that aims to close the funding gap in higher education by providing students with a student-centric college financing solution, announced that it has raised $1.2 million in a pre-seed round. The funding will be used to launch the company’s operations in select markets and provide financing for students’ college tuition, room and board.

Quick answer

YELO Funding raised $1.2 Million in a Pre-Seed round, dated April 20, 2023. YELO Funding is based in New York, New York, United States.

How much did YELO Funding raise?
YELO Funding raised $1.2 Million in a Pre-Seed round on April 20, 2023.
What does YELO Funding do?
YELO’s mission is to provide college financing that is more equitable and better suited for students’ needs.
Where is YELO Funding based and how big is it?
YELO Funding is based in New York, New York, United States.
Who are the decision-makers at YELO Funding?
Fundz holds 1 contact at YELO Funding. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Lending around the same time

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

  • Pagaya Technologies raised $75M on May 24, 2023.
  • Jia raised $4.3M (Seed) on May 17, 2023.
  • Juggernaut Exploration raised $3M (Seed) on May 12, 2023.
  • Finterest raised $120K (Seed) on May 10, 2023.
  • MPower raised $150M (Funding Round) on May 8, 2023.
  • Hello Alice raised $3.6M (Seed) on May 8, 2023.

Who to call at YELO Funding, and when

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

  • An alert the day YELO Funding raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at YELO Funding, from your own LinkedIn network

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Company Information

Company

YELO Funding

Location

New York, New York, United States

About

YELO’s mission is to provide college financing that is more equitable and better suited for students’ needs. We offer an innovative approach that aims to close the funding gap in higher education, reduces loan repayment, improves access to education, and helps students choose degree programs with favorable career outcomes. In short, our Income Share Agreement Program is designed to alleviate the long term burden of student debt. The company is currently in stealth mode.

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YELO Funding 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.