Summer
PrivateLast Round
Early Funding
Jul 1, 2025
Total Funding Raised
$57M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Summer is a financial technology company that provides a digital platform to help individuals and employees manage, reduce, and navigate student loan debt and education-related financial planning.
Sector
FinTech
Verticals
Personal Finance, Lending & Credit, HR, Vertical SaaS
Business Model
B2B2C
Customer Profile
Subscription SaaS
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Summer Comparables
Compare Summer with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Candidly | 93% | |
| Savi | 89% | |
| Tuition.io | 83% | |
Summer Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Early Funding | Jul 1, 2025 | ||||
| Series A Extension | Apr 8, 2024 | ||||
| Series A Extension | Apr 26, 2023 | ||||
| Series A | Sep 27, 2019 | ||||
| Seed | Jan 1, 2018 |
Key People
Founding team and executive leadership
Summer Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Gaingels | Series A Extension |
| Foundation Capital | Seed |
| Flourish Ventures | Series A Extension |
| SemperVirens Venture Capital | Series A Extension |
| Rebalance Capital | Series A Extension |
| Story Ventures | Series A, Seed, Series A Extension |
| General Catalyst | Series A, Seed, Series A Extension |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jan 1, 2026
Achieved Certified B Corporation status.
- Jan 1, 2026
Added ADP, City of New York, and Banc of California as customers.
Summer Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Summer's valuation, stock price, and market status.