Meadow, a New York-based provider of student financial services for universities, raised $3.5M in Seed funding.
The round was led by Susa Ventures, with participation from Giant Ventures, AlleyCorp, Daniel Gulati’s Treble Capital, Koda Wang, Tom Blomfield, Richie Serna and Abhi Ranadive.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Led by CEO Alfredo I. Brillembourg, Meadow provides a student financial services platform for universities that combines billing, payments, and financial engagement into a streamlined and consumer-friendly experience for students. Through Meadow, universities and their students manage the end-to-end financial experience together, from application to graduation, to improve enrollment, retention, and payment outcomes.
The first product, Meadow Price, helps universities meet federal compliance requirements, elevate financial clarity, and eliminate sticker shock by providing students with an easy way to get accurate and straightforward cost estimates that include any financial aid they are eligible to receive. Since launching in Spring 2022, Meadow has grown to over a dozen college and university partners of all sizes, including UT Austin, American University, and Northern Arizona University. Meadow has already delivered personalized price estimates to more than 10,000 students nationwide.
FinSMEs
01/02/2023